02:05 PM EST, 12/09/2024 (MT Newswires) -- Newmont ( NEM ) let go of almost a dozen managers, including an executive team member, Bloomberg reported Monday, citing people familiar with the matter.

The mining company initiated plans to dismiss one executive and at least ten senior managers, according to the news outlet.

Newmont ( NEM ) did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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