Nov 25 (Reuters) - Newmont ( NEM ) said on Monday it
would sell its Eleonore mine in Canada to UK-based miner Dhilmar
Ltd for $795 million in cash, as the world's largest gold miner
continues with its plans to divest non-core assets.
Newmont ( NEM ) said the deal, along with other sales it announced
in 2024, would help it raise $3.6 billion.
The gold miner had set a target of generating more than
$2 billion through asset sales following its $17 billion
purchase of Newcrest in 2023.
The transaction is expected to close in the first
quarter.