restructuring

Newmont, the world’s largest gold producer, is set to reduce 16% of its global workforce as part of a sweeping restructuring plan, according to an internal memo circulated within the company. The restructuring follows Newmont’s recent…

Anglo American Plc faced a significant blow to its restructuring efforts when Peabody Energy Corp. terminated a $3.8 billion agreement to acquire its Australian steelmaking coal assets. The deal’s collapse, triggered by a fire at the…