NYSE:NEMMetals and Mining
How Newmont’s Fuerte Stake Sale and Portfolio Shift At Newmont (NEM) Has Changed Its Investment Story
Earlier in December, Newmont Corporation agreed to sell 6,773,641 common shares of Fuerte Metals through its Goldcorp Canada ULC subsidiary, trimming its stake to about 19.5% as part of ongoing portfolio management and capital discipline.
This move, alongside strong institutional inflows and broad-based gold demand, underscores how Newmont is actively reshaping its asset base while benefiting from renewed interest in precious metals producers.
Against this backdrop of portfolio reshaping via...