Newmont Corporation announced on September 18, 2025, the completion of the sale of its common shares in Orla Mining Ltd. The company disposed of 43 million common shares through the Toronto Stock Exchange.
The shares were sold at a price of US$10.14 (C$14.00) per common share, generating aggregate gross proceeds of US$439 million (C$605 million). Immediately prior to this sale, Newmont held approximately 13.3% of Orla's issued and outstanding common shares.
As a result of this disposition, Newmont no longer holds any common shares of Orla. This sale contributes to approximately $900 million in after-tax proceeds from equity holdings in 2025, supporting Newmont's capital allocation priorities and further streamlining its portfolio.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.