Newcrest: Newmont to sell $2bn in assets and focus on copper

NEWMONT is to sell non-core assets of up to $2bn following its takeover of Newcrest Mining, said Bloomberg News citing the US gold producer's CEO, Tom Palmer. The takeover, the gold industry's largest, was completed on Monday after roughly 12 months of negotiations and the process of meeting regulatory conditions. Miners typically shed assets following [...] The post Newmont to sell $2bn in assets and focus on copper appeared first on Miningmx.