06:28 AM EDT, 08/01/2025 (MT Newswires) -- Newmont ( NEM ) , the No.1 gold producer, was at last look down 0.3% in US pre-market after overnight Thursday saying it sold its 9.4% stake in Orosur Mining ( OROXF ) .

In a statement, the company said it sold 29.2 million common shares in a private transaction for $0.19 each, for gross proceeds of $5.55 million.

Newmont ( NEM ) said the shares were sold for investment purposes.

Its shares eased $0.25 or 0.3% on the TSX yesterday.