Newmont (ASX:NEM) completed the divestment of three non-core operations, including the Musselwhite and Eleonore operations in Canada and the Cripple Creek and Victor operation in the US, according to a Tuesday filing with the Australian bourse.

The disposal generated after-tax cash proceeds of $1.7 billion before closing adjustments, according to Chief Executive Tom Palmer.

The mining company is in the process of completing the remaining two asset sales, which are expected to deliver roughly $800 million in after-tax cash proceeds during the first half of 2025, per the filing.