Deals
Newmont’s New CEO to Try Improving Mines Before Selling Them
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Gary Goldberg, who will become chief executive officer of Newmont Mining Corp. March 1, said he’ll try to turn around the second-biggest gold producer’s underperforming assets before he considers selling them.
“I’ve taken a look through our portfolio and had a good chance over the last year to look at things,” he said yesterday in an interview, declining to name which assets need to improve. “My first thing is to give them an opportunity to set things straight. If that doesn’t work then we’ll look at some potential paths to sell some assets.”