Newmont Corp. announces it has reached a definitive agreement with the National Union of Mine, Metal, and Allied Workers of the Mexican Republic to end the strike initiated by the Union on June 7, 2023, at the Company's Peñasquito mine located in the Mexican state of Zacatecas. On October 13, 2023, Newmont and the Union submitted the Agreement to the Mexican Labor Court, which gave its approval, thus ending the strike [...]
Newmont Corp. announced that more than 96 percent of votes cast on the proposal for the issuance of Newmont common stock in connection with the proposed acquisition of Newcrest Mining Ltd. were voted in favor of approval at today's special shareholder meeting. "Recognizing the strategic rationale to create the industry's strongest portfolio of world class gold and copper assets, Newmont's shareholders overwhelmingly voted [...]
Newmont Corp. confirms it has reached a preliminary agreement with the National Union of Mine, Metal, and Allied Workers of the Mexican Republic aiming to end the strike initiated by the Union on June 7, 2023 at Minera Peñasquito in the Mexican state of Zacatecas. The preliminary agreement was ratified by the General Assembly of the Union on October 5, 2023. This preliminary agreement is intended to be formalized into a [...]
Newmont Corp. announced that the Securities Commission of Papua New Guinea has granted the necessary exemptions and other requested confirmations under PNG capital markets law to allow the Company to proceed with its proposed acquisition of Newcrest Mining Ltd. . Last week, the Philippine Competition Commission also indicated its approval of the proposed transaction. All of the government regulatory approvals necessary [...]
Newmont Corp. today announced Fitch has assigned Newmont a first-time, long-term issuer default rating of A- with a stable outlook. Fitch also assigned a rating of A- to Newmont's senior unsecured debt. These ratings reflect Newmont's industry leadership, global scale and diversified operating position in low-risk jurisdictions to generate strong liquidity and modest leverage. "The ratings from Fitch recognize Newmont's [...]
Newmont Corp. today announced leadership appointments that will further strengthen its operating model to support safe and profitable operations of the expanded portfolio of assets and projects. As previously announced, Natascha Viljoen will be joining Newmont as Chief Operating Officer on October 2, 2023. After an onboarding period, Natascha will assume accountability for the Australian, North American, and Papua New [...]
Newmont Corp. today announced that it will release its third quarter 2023 operations and financial results on Thursday, October 26, 2023. Newmont will hold a conference call at 10 a.m. Eastern Daylight Time , the same day, which will be available on the Company's website. Conference Call Details Dial-In Number 833.470.1428 Intl Dial-In Number 404.975.48391 Dial-in Access Code 570192 Conference Name Newmont Replay Number [...]
Newmont Corp. announced today that independent proxy advisory firms Institutional Shareholder Services Inc. and Glass, Lewis & Co. recommended that Newmont shareholders vote "FOR" each of the Company's resolutions in connection with the proposed acquisition of Newcrest Mining Ltd. at the special meeting of stockholders that will take place virtually on Wednesday, October 11, 2023, at 8:00 a.m. Mountain Daylight Time [...]
Newmont Corp. today announced that, following a review by Australia's Foreign Investment Review Board , the Treasurer has cleared the Company to proceed with its proposed acquisition of Newcrest Mining Ltd. , issuing a No Objection Notification . The NON is conditioned upon compliance with standard tax conditions associated with the Commonwealth's taxation laws. Last week, Japan's Fair Trade Commission issued a clearance [...]
Newmont Corp. has announced a special meeting of stockholders and the filing of its definitive proxy statement in connection with the Company's proposed acquisition of Newcrest Mining Ltd. by way of a Scheme of Arrangement . Newmont notified stockholders that the meeting will take place virtually on Wednesday, October 11, 2023, at 8:00 a.m. Mountain Daylight Time. Newmont stockholders will be asked to vote on, among other [...]
Newmont Corp. today announced that following a review by the Australian Competition & Consumer Commission , the agency has cleared the Company to proceed with its proposed acquisition of Newcrest Mining Ltd. . The ACCC is expected to convey its clearance of the transaction to Australia's Foreign Investment Review Board for consideration. Newmont continues advancing other regulatory approvals and expects to close the [...]
Newmont Corp. today announced that the Korea Fair Trade Commission has cleared the Company to proceed with its proposed acquisition of Newcrest Mining Ltd. , stating that the transaction does not violate Korea's Monopoly Regulation and Fair Trade Law. Newmont continues advancing other regulatory approvals and expects to close the transaction in the fourth quarter of this year. Earlier this month, Papua New Guinea's [...]
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