Newmont Completes $4 Billion Asset Divesture Program
While junior explorers and developers have rushed over the last twelve months to secure a spot at the table for the ongoing gold rush, the world’s largest gold miner had a different plan.
They wanted to divest assets. And not just piddly little operations either. No, they wanted to get rid of about 1.2 million ounces a year of annual production. Enough production that on a combined basis, would basically equate to a major gold producers worth of annual production.
Why?
Let’s dive in.
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As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
