Newmont Corp. today announced that Papua New Guinea's Independent Consumer & Competition Commission granted clearance for the Company to proceed with its proposed acquisition of Newcrest Mining Ltd. . Newmont, in consultation with Newcrest, has also determined that no premerger notification under the Hart-Scott-Rodino Act will be required in the United States for the transaction to move forward. Newmont continues [...]
Newmont Corporation today announced second quarter 2023 results and declared a second quarter dividend of $0.40 per share. Second Quarter Decisions Position Newmont for a Strong Second Half Performance Produced 1.24 million attributable gold ounces and 256 thousand co-product gold equivalent ounces ** from copper, silver, lead and zinc; well positioned for stronger production in the second half of the year Reported gold [...]
Newmont Corp. today announced that the Canadian Competition Bureau issued a "no action" letter clearing Newmont's previously announced transaction with Newcrest Mining Ltd. under Canadian competition law. Newmont is progressing towards receiving regulatory approvals in other jurisdictions for a transaction close expected in the fourth quarter. On May 14, Newmont announced a definitive agreement to acquire Newcrest. The [...]
Nova Royalty is pleased to announce that, further to its news release dated June 29, 2023, the Company has completed its acquisition of an existing 0.25% net smelter return royalty, on the Tatogga Property, which contains the Saddle North copper-gold-silver deposit located in British Columbia, Canada, owned by Newmont Corporation. Nova has also been granted a Right of First Refusal with respect to an additional 0.25% NSR [...]
Newmont Corp. today announced that it will release its second quarter 2023 operations and financial results on Thursday, July 20, 2023. Newmont will hold a conference call at 11 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 134084 Conference Name Newmont Replay Number [...]
Newmont Corp. today announced it will defer the full-funds investment decision for the Yanacocha Sulfides project in Peru for at least two years to advance its portfolio optimization strategy designed to maximize returns for shareholders and create long-term value for other stakeholders1. The decision positions Newmont to prioritize other value-accretive opportunities and support its disciplined capital allocation [...]
Newmont Corp. announced today it has suspended operations at the Company's Peñasquito mine in Mexico while refuting claims by the National Union of Mine and Metal Workers of the Mexican Republic regarding violating legal regulations and labor agreements. The Company urged the Union to abide by the mutually agreed Collective Bargaining Agreement negotiated and signed by both parties in June of 2022. On June 7, 2023, the [...]
Newmont Corp. announced today the promotion of experienced leader Suzanne Retallack as the Company's Chief Safety and Sustainability Officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230607005875/en/ Suzanne Retallack With more than twenty years of experience building and leading teams across a diverse range of commodities and jurisdictions, Suzanne's [...]
Today, Newmont Corp. published its 2022 Climate Report, prepared in alignment with the Recommendations of the Task Force on Climate-related Financial Disclosures . The report outlines how Newmont understands and is addressing climate change - from managing physical and transition climate risks and enhancing resiliency within our business, to climate impacts and reducing our greenhouse gas emissions. This press release [...]
Newmont Corp. today announced the appointment of Karyn Ovelman as Executive Vice President and Chief Financial Officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230518005783/en/ Karyn Ovelman Karyn Ovelman is a highly experienced financial professional who will focus on financial discipline and maintaining a robust and flexible balance sheet to support [...]
Newmont Corp. today announced that following completion of due diligence it has entered into a binding Scheme Implementation Deed under which Newmont will acquire 100 percent of the issued share capital in Newcrest by way of an Australian court-approved Scheme of Arrangement . "The combination of Newmont and Newcrest represents an exceptional value proposition for shareholders and other stakeholders. It creates an [...]
Newmont Corporation today announced first quarter 2023 results and declared a first quarter dividend of $0.40 per share. Delivered First Quarter Production as Expected; Improving Production in Second Quarter* Produced 1.27 million gold ounces and 288 thousand co-product gold equivalent ounces ** from copper, silver, lead and zinc Reported gold Costs Applicable to Sales of $1,025 per ounce and gold All-In Sustaining Costs [...]