Newmont Frees Up More Cash and the Stock Surges. Why It’s a Top S&P 500 Name
By Nate Wolf
Sept 19, 2025, 12:14 pm EDT
The sale of its stake in Orla Mining brought Newmont’s total equity sale proceeds to $900 million this year. (Businesswire)
NEM+4.34% has sold its entire 13% ownership stake in fellow gold miner Orla Mining, as the company continues to shed equity holdings and focus on stock buybacks.
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