Newmont to Consider Gold Deals Even as It Reduces Debt

Newmont Mining Corp., the largest U.S. gold producer, said it will consider acquisitions as well as the expansion of existing operations.

Like some of its biggest competitors, Newmont is focusing on its most efficient mines following a decline in the gold price. The company has sold about $1.4 billion of assets in the past two years and is building a mine in Suriname. Still, it won’t rule out buying low-cost and long-life mines in safe jurisdictions, Chief Executive Officer Gary Goldberg said.