Materials Up Amid Deal Activity -- Materials Roundup

Dow Jones

09/20

Producers of metals and other raw materials ticked up amid deal activity.

Gold-mining giant Newmont has sold its entire 13% ownership stake in fellow gold miner Orla Mining, as the company continues to shed equity holdings and focus on stock buybacks. Newmont offloaded around 43 million shares for gross proceeds of $439 million. Newmont rose by more than 4% and have more than doubled for the year to date, following the strongest gains for gold since 1979.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

September 19, 2025 17:26 ET (21:26 GMT)

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Newmont offloaded around 43 million shares for gross proceeds of $439 million. 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Newmont rose by more than 4% and have more than doubled for the year to date, following the strongest gains for gold since 1979. \n\n\n \n\n\n  Write to Rob Curran at rob.curran@dowjones.com \n\n\n  (END) Dow Jones Newswires\n\n\n  September 19, 2025 17:26 ET (21:26 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}