Newmont Announces Monetization of Equity Received Through Successful Divestiture Program
Newmont Corporation announced the sale of shares in Greatland Resources and Discovery Silver Corp for ~$470 million in net proceeds, reflecting strong equity appreciation. The sales, part of Newmont’s 2024 non-core asset divestiture plan, included half its Greatland shares (230% return) and all Discovery shares (200% return). Newmont expects $3.0 billion in 2025 divestiture proceeds, supporting its capital allocation priorities.










