05:55 PM EDT, 09/10/2025 (MT Newswires) -- Newmont ( NEM ) said late Wednesday that it has applied to delist from Toronto Stock Exchange due to low trading volumes.

The gold producer sees the delisting, expected to be effective on Sept. 24, to further its "administrative efficiency" and cut costs.

Newmont ( NEM ) will maintain its primary listing on the New York Stock Exchange and secondary listings on Australian Securities Exchange and the Papua New Guinea Stock Exchange.

Newmont ( NEM ) will not be seeking shareholder approval for the delisting as its shares currently float on multiple acceptable markets, it added.