Newmont Agrees to Divest Coffee Project in Yukon for $150M

Key Takeaways Newmont will sell its Coffee Project in Yukon to Fuerte Metals for up to $150 million.The deal includes cash, Fuerte shares and a 3% net smelter return royalty.Newmont will hold about 27% of Fuerte's shares, keeping exposure to the project.Newmont Corporation (NEM) has entered into an agreement to sell its Coffee Project in Yukon, Canada, to Fuerte Metals Corporation for a total consideration of up to$ 150 million. The transaction is expected to close in the fourth quarter of 2025.The $150 mil ...