Newmont Announces Sale Of Australian Mine As Part Of Portfolio Optimization Efforts |
| May 15, 2014 | May 2014 Bond Updates |
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The sale is expected to be completed in July. Completion of the sale is contingent upon Northern Star securing financing and is subject to a third party’s right of refusal. The transaction is consistent with Newmont’s strategy to optimize its portfolio by selling off its high cost mines and focusing on lower cost and longer life operations. |
| View more at: http://www.forbes.com/sites/greatspeculations/2014/05/14/newmont-announces-sale-of-australian-mine-as-part-of-portfolio-optimization-efforts/ |
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