Newmont Plans to Delist from the Toronto Stock Exchange Voluntarily
Newmont's Delisting from TSX: Newmont Corporation has applied for a voluntary delisting of its shares from the Toronto Stock Exchange (TSX) due to low trading volumes, which is expected to take effect around September 24, 2025. The company aims to improve administrative efficiency and reduce costs for shareholders.
Continued Listings on Other Exchanges: Despite the delisting from TSX, Newmont will maintain its primary listing on the New York Stock Exchange (NYSE) and continue to support listings on the Australian Securities Exchange (ASX) and the Papua New Guinea Stock Exchange (PNGX), allowing shareholders to trade under the symbol "NEM".
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- National Bank of Canada Update: The National Bank of Canada has revised its sector performance outlook, indicating a shift in market expectations.
- Target Price Adjustment: The bank has lowered its target price for a specific sector from $140 to $130, reflecting a more cautious approach to future performance.

- Processing Operations at Cadia: Cadia has ramped up its processing operations, indicating a return to normal throughput levels.
- Impact on Production: The increase in processing capacity is expected to positively affect overall production metrics at the site.
- Damage Assessment: Inspections indicate that while damage is present in certain underground areas, it is not significant.
- Impact Evaluation: The findings suggest that the overall impact of the damage is minimal and manageable.
Corporate Update: Newmont Corporation has provided an update on its operations in Canada, highlighting recent developments and performance metrics.
Operational Highlights: The update includes key operational achievements and challenges faced by Newmont in its Canadian operations, reflecting the company's strategic focus in the region.
- Financing Accelerates Development: Lake Victoria Gold has secured a gold loan facility worth up to $25 million, backed by 6,000 ounces of gold, providing essential working capital for its Imwelo Gold Project in Tanzania, ensuring timely project advancement and accelerating development efforts.
- Tightening Gold Market: Central banks net purchased 27 tonnes of gold in February 2026, indicating sustained demand, while global mine output only saw a 1% increase, intensifying competition for resource acquisition among companies like Lake Victoria Gold.
- Significant Technical Progress: The Imwelo project confirmed gold recovery rates of up to 97%, with recent drilling returning grades of 11.88 g/t gold, providing strong support for the company's future production potential and attracting strategic investor interest.
- Government Support Boosts Confidence: The Tanzanian government has formally begun incorporating its statutory 16% free carried interest in the Tembo mining licenses, marking a regulatory step that signals smooth project advancement within the national framework, further enhancing investor confidence in Lake Victoria Gold.







