Video News/Gold Forum Americas 2024
After Newmont acquisition spree, COO Natascha Viljoen says focus is existing portfolio
Cost containment and productivity gains are a priority at Newmont, said Natascha Viljoen, Executive VP and COO of the company. This week, Viljoen spoke to Kitco Mining at the Gold Forum Americas / XPL-DEV 2024 in Colorado. Newmont is the world's largest gold producer by output. It also produces copper, zinc, lead, and silver. Over the past year, the company has been active in mergers and acquisitions (M&A). In 2023, it acquired the world’s fifth-largest gold miner, Newcrest, for $17.4 billion. The company is now in the process of divesting some of its assets. This month, Newmont announced plans to sell its Telfer and Havieron stake to Greatland Gold for $475 million.
Guests: Natascha Viljoen
Source: Kitco Mining
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