Gold mining giant Newmont has agreed to sell its Telfer mine and a 70 per cent stake in the Havieron mine for $US475 million ($A714 million) as part of a big sell-off of "non-core assets".
Both West Australian Pilbara mines will be sold to Greatland Gold as part of Newmont's $A3 billion plan to divest in tier-2 assets so it can prioritise focal projects.
"I have full confidence that the Greatland team will be outstanding stewards of these assets," said Tom Palmer, Newmont's president and CEO.
