Newmont Announces Sale of the Coffee Project for up to $150 Million

(NYSE:NEM) DENVER--(BUSINESS WIRE)--Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (“Newmont” or the “Company”) announced today that it has agreed to sell its Coffee Project in Yukon, Canada to Fuerte Metals Corporation (“Fuerte”) for up to $150 million in total consideration. The transaction is expected to close in the fourth quarter of 2025, subject to certain conditions being satisfied.1 Under the terms of the agreement, Newmont expects to receive gross proceeds of up to $150 million, w