Newmont CEO says divestment of non-core assets progressing well

7th June 2024 By: Reuters

Newmont CEO says divestment of non-core assets progressing well

Newmont CEO Tom Palmer

MELBOURNE - Newmont CEO Tom Palmer said on Thursday the gold miner's plans to divest eight non-core assets and trim its workforce to cut debt following its $17.14-billion purchase of Newcrest were progressing well.

"(We are) quite excited about the level of interest in each of those assets," Palmer told reporters in Melbourne.