Newmont Plans Voluntary Delisting From Toronto Stock Exchange

Newmont Corporation, the world's largest gold mining company, has applied for a voluntary delisting of its common shares from the Toronto Stock Exchange (TSX), effective around September 24, 2025. The primary reasons for this move include consistently low trading volumes on the TSX compared to its primary listing on the New York Stock Exchange (NYSE), as well as efforts to improve administrative efficiency and reduce costs. This delisting aligns with Newmont's broader strategy following its $17.14 billion acquisition of Australian mining firm Newcrest in 2023, including streamlining operations and a $300 per ounce cost reduction target. Newmont will maintain its listings on the NYSE, Australian Securities Exchange (ASX), and Papua New Guinea Stock Exchange (PNGX), ensuring continued market accessibility for shareholders. The company does not plan to seek shareholder approval for the delisting since its shares remain available on multiple other exchanges. Shareholders holding TSX-listed shares are advised to consult their brokers regarding future trading options.