The Prospector News

Newmont Corporation Announces Sale of Holdings of Orosur Mining Inc.

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Newmont Corporation Announces Sale of Holdings of Orosur Mining Inc.

 

 

 

 

 

Newmont Corporation (NYSE: NEM) (TSX: NGT) (ASX: NEM) (PNGX: NEM) announced the sale of common shares of Orosur Mining Inc.

 

On July 31, 2025, Newmont disposed of 29,213,186 Common Shares in a private transaction, at a price of C$0.19 per Common Share, for aggregate gross proceeds of C$5,550,505.34. Immediately prior to the Disposition, Newmont held 29,213,186 Common Shares. As a result of dilution following certain distributions of Common Shares by the Issuer, Newmont’s holdings immediately prior to the Disposition represented approximately 9.4% of the issued and outstanding Common Shares on a non-diluted basis. As a result of this Disposition, Newmont no longer holds any Common Shares of the Issuer.

 

The Common Shares disposed of were sold for investment purposes. Newmont may, depending on price, market conditions or other conditions or factors it considers relevant from time to time, increase its beneficial ownership, control or direction over Common Shares or other securities of the Issuer through market transactions, private agreements or otherwise.

 

The address of Newmont is located at 6900 E Layton Avenue, Suite 700, Denver, Colorado 80237.

 

About Newmont

 

Newmont is the world’s leading gold company and a producer of copper, zinc, lead, and silver. The Company’s world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social, and governance practices. Newmont is an industry leader in value creation, supported by robust safety standards, superior execution, and technical expertise. Founded in 1921, the Company has been publicly traded since 1925.

 

At Newmont, our purpose is to create value and improve lives through sustainable and responsible mining.

 

Posted August 1, 2025

Share this news article

MORE or "UNCATEGORIZED"


Scandium Canada Drills Best Intercept Yet of 2026 Crater Lake Program: 140.15 m at 293 ppm Sc2O3, With Three Intersections Now Over 100 m

Scandium Canada Ltd. (TSX-V: SCD) is pleased to announce additional assay results from the 2... READ MORE

September 24, 2026

Search Minerals Closes Fully Subscribed Upsized $1.1 Million Financing

Search Minerals Inc. (TSX-V: SMY) (OTC Pink: SHCMF) is pleased to announce that it has closed the th... READ MORE

September 24, 2026

Golden Spike Announces Closing of Non-Brokered Private Placement

Golden Spike Resources Corp. (CSE: GLDS) (OTCQB: GSPRF) (FSE: L5Y) is pleased to announce the... READ MORE

September 24, 2026

GoldHaven Closes Additional Tranche of Flow-Through Financing Bringing Total Flow-Through Proceeds to $3.0 Million

GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) is pleased to announce that it has cl... READ MORE

September 24, 2026

Independence Gold Confirms Balrog Vein at Depth and Intercepts 3.11 g/t Gold and 48.69 g/t Silver over 8.03 Metres at the Tommy Vein, 3Ts Project, BC

Independence Gold Corp. (TSX-V: IGO) (OTCQB: IEGCF) (FSE: 625) is pleased to announce assay r... READ MORE

September 24, 2026

Copyright 2026 The Prospector News