CAPITAL MARKETS

Newmont targets US$400 million in asset sales

ASSET values in the gold industry have risen by one third over the past six months, according to valuations used by Newmont in its asset disposal program.

Tim Treadgold

Newmont targets US$400 million in asset sales

Newmont chairman and chief executive Wayne Murdy told his first press conference in Australia today that Newmont was targeting asset sales of US$400 million this year following the purchase of Normandy...

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