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Articles from Newmont Corporation

Newmont Receives First Battery-Electric Large Mining Truck
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (“Newmont”) today announces the commissioning of its first battery-electric large mining truck at the Cripple Creek and Victor (CC&V) mine in Teller County, Colorado, U.S. The vehicle, dubbed the Early Learner Cat® 793 XE, is an important milestone for Newmont, made possible through its strategic alliance with Caterpillar Inc.
By Newmont Corporation · Via Business Wire · October 29, 2024
Newmont Suriname Awarded U.S. Secretary of State’s Award for Corporate Excellence
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today announces its operations in Suriname has been awarded with the United States of America Secretary of State’s Award for Corporate Excellence in the Climate Resilience category. This recognition, highlights Newmont’s pivotal role in advancing Suriname’s economic development and the company’s commitment to sustainability and corporate responsibility.
By Newmont Corporation · Via Business Wire · October 28, 2024
Newmont Reports Third Quarter 2024 Results
Newmont Corporation (NYSE: NEM, ASX: NEM, TSX: NGT, PNGX: NEM) (Newmont or the Company) today announced third quarter 2024 results and declared a third quarter dividend of $0.25 per share.
By Newmont Corporation · Via Business Wire · October 23, 2024
Newmont and MKS PAMP Partner to Launch Mine-to-Market Traceable Gold Bar at the Largest U.S. Wholesaler
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) and MKS PAMP partner to offer consumers a traceable gold bar exclusively made with Newmont-mined gold, refined and minted by MKS PAMP in Switzerland – powered by Provenance™. The mine-to-market traceable PAMP 1oz Lady of Liberty gold bar is available at the largest U.S. wholesaler, making owning gold an accessible option for wealth building.
By Newmont Corporation · Via Business Wire · October 15, 2024
Newmont Announces Definitive Agreement to Divest Akyem for up to $1 Billion
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (“Newmont” or the “Company”) has announced today it will sell its Akyem operation in the Republic of Ghana to Zijin Mining Group Co., Ltd. (“Zijin”) under a definitive agreement, for cash consideration of up to $1 billion. The sale is part of Newmont’s ongoing program to divest non-core assets as the Company makes a strategic shift to focus on its Tier 1 assets.
By Newmont Corporation · Via Business Wire · October 8, 2024
Newmont Announces Third Quarter 2024 Earnings Conference Call
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) will release its third quarter 2024 operations and financial results after market close on Wednesday, October 23, 2024, and will hold a conference call to discuss results on Thursday, October 24, 2024 at 11:00 a.m. Eastern Daylight Time (9:00 a.m. Mountain Daylight Time).
By Newmont Corporation · Via Business Wire · October 2, 2024
Newmont Announces Agreement to Divest Telfer and Havieron for Up to $475M
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) announces today, as part of its ongoing program to divest non-core assets, it has agreed to sell the Telfer operation, Newmont’s 70% interest in the Havieron gold-copper project (Havieron), and other related interests in the Paterson region, all in Australia, to Greatland Gold plc (AIM:GGP) (Greatland). The transaction is expected to close in the fourth quarter of 2024, subject to certain conditions being satisfied.1
By Newmont Corporation · Via Business Wire · September 10, 2024
Newmont’s Lori Douglas Honored as a 2024 Paradigm for Parity Woman on the Rise
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today announces Lori Douglas, Newmont’s Head of Productivity for North America, has been honored as one of Paradigm for Parity’s Women on the Rise for 2024. This recognition, in acknowledgement of Women’s Equality Day, highlights Lori’s exceptional leadership, commitment to advancing women in the workplace and continued efforts to promote diversity and inclusion.
By Newmont Corporation · Via Business Wire · August 27, 2024
Newmont Reports Second Quarter 2024 Results
Newmont Corporation (NYSE: NEM, ASX: NEM, TSX: NGT, PNGX: NEM) (Newmont or the Company) today announced second quarter 2024 results and declared a second quarter dividend of $0.25 per share.
By Newmont Corporation · Via Business Wire · July 24, 2024
Newmont Announces Second Quarter 2024 Earnings Conference Call
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) will release its second quarter 2024 operations and financial results after market close on Wednesday, July 24, 2024, and will hold a conference call to discuss results on Thursday, July 25, 2024 at 11:00 a.m. Eastern Daylight Time (9:00 a.m. Mountain Daylight Time).
By Newmont Corporation · Via Business Wire · July 3, 2024
Newmont Welcomes Industry Veteran Red Conger to Board of Directors
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today announced the appointment of Harry M. (Red) Conger to its Board of Directors, who will also serve on the Safety and Sustainability Committee. Red brings over 46 years of extensive mining and leadership experience to Newmont’s Board of Directors, having recently retired from Teck Resources, where he served as President and Chief Operating Officer.
By Newmont Corporation · Via Business Wire · June 28, 2024
Newmont Reports First Quarter 2024 Results
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (Newmont or the Company) today announced first quarter 2024 results and declared a first quarter dividend of $0.25 per share.
By Newmont Corporation · Via Business Wire · April 25, 2024
Newmont Appoints Mining Industry Veteran Francois Hardy as Chief Technology Officer
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today announced the appointment of Francois Hardy as Chief Technology Officer (CTO). Francois will join Newmont’s Executive Leadership Team and lead the technical work across the business to improve operational performance and drive growth.
By Newmont Corporation · Via Business Wire · April 19, 2024
Newmont Publishes 2023 Sustainability Report and 2023 Tax & Royalties Report
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today published its 2023 Sustainability Report and its 2023 Taxes and Royalties Contributions Report. The reports highlight the company’s material ESG and socio-economic contributions over the past year. This year marks the 20th anniversary for Newmont’s Annual Sustainability Report, representing a milestone for the company as a longstanding industry leader in sustainability.
By Newmont Corporation · Via Business Wire · April 18, 2024
Newmont Announces First Quarter 2024 Earnings Conference Call
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today announced that it will release first quarter 2024 operations and financial results on Thursday, April 25, 2024. Newmont will hold a conference call at 11:00 a.m. Eastern Daylight Time (9:00 a.m. Mountain Daylight Time), the same day, which will be available on the Company’s website.
By Newmont Corporation · Via Business Wire · April 11, 2024
Newmont Completes $20 Million Global Community Support Fund, Partnering with Communities for Greater Resilience Post-Pandemic
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) proudly announces the successful completion of the $20 million Global Community Support Fund (the Fund), established in April 2020 in response to the unprecedented challenges posed by the global pandemic. The objective of this fund was to provide critical financial resources to host communities where Newmont operates, targeting funds to address immediate impacts of the global pandemic while catalyzing long-term resiliency and future community development.
By Newmont Corporation · Via Business Wire · April 4, 2024
Newmont Announces Pricing of Notes to Repay Outstanding Borrowings Under Revolving Credit Facility
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (“Newmont” or the “Company”) and Newcrest Finance Pty Limited, a wholly owned subsidiary of Newmont (“Newcrest Finance” and, together with Newmont, the “Issuers”) announced today that they have priced a private offering (the “Offering”) of $1 billion aggregate principal amount of 5.300% notes due 2026 (the “2026 Notes”) and $1 billion aggregate principal amount of 5.350% notes due 2034 (the “2034 Notes” and, together with the 2026 Notes, the “Notes”). The Notes will be guaranteed on an unsecured senior basis by Newmont USA Limited, a wholly owned subsidiary of Newmont. Subject to customary closing conditions, the Offering is expected to close on March 7, 2024.
By Newmont Corporation · Via Business Wire · March 4, 2024
Newmont Announces Offering of Notes to Repay Outstanding Borrowings Under Revolving Credit Facility
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (“Newmont” or the “Company”) and Newcrest Finance Pty Limited, a wholly owned subsidiary of Newmont (“Newcrest Finance” and, together with Newmont, the “Issuers”) announced today that they have commenced a private offering (the “Offering”) of their notes due 2026 and notes due 2034 (together, the “Notes”). The Notes will be guaranteed on an unsecured senior basis by Newmont USA Limited, a wholly owned subsidiary of Newmont.
By Newmont Corporation · Via Business Wire · March 4, 2024
Newmont Completes COO Transition
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) announces today the completion of its Chief Operating Officer (COO) transition following a five-month handover period. Beginning next week, Rob Atkinson will transition all of his remaining responsibilities to Newmont’s new COO, Natascha Viljoen. He will then officially step down from the Newmont Executive Leadership Team, effective May 2, 2024.
By Newmont Corporation · Via Business Wire · February 22, 2024
Newmont Announces 2023 Mineral Reserves for Integrated Company of 136 Million Gold Ounces with Robust Copper Optionality of 30 Billion Pounds
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) reported higher gold Mineral Reserves ("reserves") of 135.9 million attributable ounces for 2023 compared to the Company’s 96.1 million ounces at the end of 2022. Newmont has significant upside to other metals, including more than 30 billion pounds of copper reserves and nearly 600 million ounces of silver reserves.
By Newmont Corporation · Via Business Wire · February 22, 2024
Newmont Reports Fourth Quarter and Full Year 2023 Results; Provides 2024 Outlook for Integrated Company
`Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (Newmont or the Company) today announced fourth quarter and full year 2023 results, as well as its 2024 outlook.
By Newmont Corporation · Via Business Wire · February 22, 2024
Newmont Announces Balanced Capital Allocation Strategy and Return of Capital Framework Supported by Portfolio of Tier 1 Operations and Projects*
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (Newmont or the Company) today announced key actions that together will deliver on its clear and consistent strategy.
By Newmont Corporation · Via Business Wire · February 22, 2024
Newmont and Project C.U.R.E. – Two Decades of Partnership Delivering Global Medical Support
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) and Project C.U.R.E. announce a five-year agreement to deliver medical supplies and life-saving training for healthcare providers in developing countries and communities near Newmont mining operations. Under the agreement, Newmont commits to an annual contribution of $200,000 over the next five years, totaling $1 million.
By Newmont Corporation · Via Business Wire · February 8, 2024
Newmont Strengthens Leadership Team with Appointment of Industry Leader Peter Wexler as Chief Legal Officer
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today announced the appointment of Peter Wexler as Chief Legal Officer. Peter will join Newmont’s Executive Leadership Team and be responsible for leading the company’s legal, compliance and regulatory affairs globally.
By Newmont Corporation · Via Business Wire · January 24, 2024
Newmont Announces Fourth Quarter 2023 Results and 2024 Guidance Conference Calls
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today announced that it will release its full year and fourth quarter 2023 operations and financial results, along with its 2024 guidance, on Thursday, February 22, 2024. Newmont will hold a conference call at 10:00 a.m. Eastern Standard Time (ET) and 4:00 p.m. ET, the same day, which will be available on the Company’s website.
By Newmont Corporation · Via Business Wire · January 19, 2024
Newmont Announces the Settlement of the Exchange Offers and Consent Solicitations
Newmont Corporation (Newmont or the Company) announced the settlement of the previously announced offers to exchange (the “Exchange Offers”) by Newmont and Newcrest Finance Pty Limited, a wholly owned subsidiary of Newmont (“Newcrest Finance” and, together with Newmont, the “Issuers”) for any and all of the (i) 3.250% Notes due 2030 issued by Newcrest Finance (the “Existing Newcrest 2030 Notes”) for up to an aggregate principal amount of $650.0 million new 3.250% Notes due 2030 issued by the Issuers (the “New Newmont 2030 Notes”) and cash, (ii) 5.75% Notes due 2041 issued by Newcrest Finance (the “Existing Newcrest 2041 Notes”) for up to an aggregate principal amount of $500.0 million new 5.75% Notes due 2041 issued by the Issuers (the “New Newmont 2041 Notes”) and cash and (iii) 4.200% Notes due 2050 issued by Newcrest Finance (the “Existing Newcrest 2050 Notes” and, collectively with the Existing Newcrest 2030 Notes and the Existing Newcrest 2041 Notes, the “Existing Newcrest Notes”) for up to an aggregate principal amount of $500.0 million new 4.200% Notes due 2050 issued by the Issuers (the “New Newmont 2050 Notes” and, collectively with the New Newmont 2030 Notes and the New Newmont 2041 Notes, the “New Newmont Notes”) and cash, and the related solicitation of consents (the “Consent Solicitations”) to adopt certain proposed amendments to each of the indentures governing the Existing Newcrest Notes. The Exchange Offers and the Consent Solicitations expired at 5:00 p.m., Eastern Standard Time, on December 26, 2023.
By Newmont Corporation · Via Business Wire · December 28, 2023
Newmont Announces Successful Early Tender Results for the Exchange Offers and Consent Solicitations
Newmont Corporation (Newmont or the Company) announced today, in connection with the previously announced offers to exchange (each, an “Exchange Offer” and, collectively, the “Exchange Offers”) any and all outstanding notes (the “Existing Newcrest Notes”) issued by Newcrest Finance Pty Limited, a wholly owned subsidiary of Newmont (“Newcrest Finance” and, together with Newmont, the “Issuers”), for (1) up to $1.65 billion aggregate principal amount of new notes to be issued by the Issuers (the “New Newmont Notes”) and (2) cash, and related consent solicitations (each, a “Consent Solicitation” and, collectively, the “Consent Solicitations”) to adopt certain proposed amendments to each of the indentures governing the Existing Newcrest Notes (the “Existing Newcrest Indentures Amendments”), that the Issuers have received tenders with respect to the aggregate principal amounts of Existing Newcrest Notes set forth below, which constitute the requisite consents needed to adopt the Existing Newcrest Indentures Amendments with respect to each of the three outstanding series of the Existing Newcrest Notes that are subject to the Exchange Offers and the Consent Solicitations. Newcrest Finance intends to enter into supplemental indentures with the trustee for the Existing Newcrest Notes to implement the Existing Newcrest Indentures Amendments on or prior to the settlement date of the Exchange Offers and the Consent Solicitations.
By Newmont Corporation · Via Business Wire · December 8, 2023
Newmont Commences Exchange Offers and Consent Solicitations
Newmont Corporation (Newmont or the Company) announced today, in connection with its acquisition of Newcrest Mining Limited, the commencement of offers to exchange (each, an “Exchange Offer” and, collectively, the “Exchange Offers”) any and all outstanding notes (the “Existing Newcrest Notes”) issued by Newcrest Finance Pty Limited, a wholly owned subsidiary of Newmont (“Newcrest Finance” and, together with Newmont, the “Issuers”), for (1) up to $1.65 billion aggregate principal amount of new notes to be issued by the Issuers (the “New Newmont Notes”) and (2) cash, in each case, as set forth in the table below.
By Newmont Corporation · Via Business Wire · November 27, 2023
Newmont Acquires Newcrest, Successfully Creating World’s Leading Gold Mining Business
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today announced it has completed the acquisition of Newcrest Mining Limited to create the world’s leading gold company with robust copper production.
By Newmont Corporation · Via Business Wire · November 6, 2023
Newmont Reports Third Quarter 2023 Results and Declares $0.40 Dividend; Remains on Track to Close the Pending Acquisition of Newcrest
Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) today announced third quarter 2023 results and declared a third quarter dividend of $0.40 per share.
By Newmont Corporation · Via Business Wire · October 26, 2023
Newmont CEO’s Statement on Pending Acquisition of Newcrest Achieving Legal Effectiveness in Australia
Newmont Corporation’s (NYSE: NEM, TSX: NGT) President and Chief Executive Officer, Tom Palmer, today issued the following statement after the Scheme of Arrangement (“Scheme”), under which Newcrest Mining Limited (ASX, TSX, PNGX: NCM) will be acquired by Newmont, became legally effective under Australian law. This followed lodging of the orders of the Federal Court of Australia with the Australian Securities and Investments Commission after Newcrest’s shareholders voted in favor of the Scheme.
By Newmont Corporation · Via Business Wire · October 18, 2023
Newmont Announces End of Strike at Peñasquito Mine in Mexico
Newmont Corporation (NYSE: NEM, TSX: NGT) announces it has reached a definitive agreement (“Agreement”) with the National Union of Mine, Metal, and Allied Workers of the Mexican Republic (the “Union”) 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.
By Newmont Corporation · Via Business Wire · October 16, 2023
Newmont Shareholders Vote Overwhelmingly to Approve Acquisition of Newcrest
Newmont Corporation (NYSE: NEM, TSX: NGT) 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 Limited (ASX, TSX, PNGX: NCM) were voted in favor of approval at today’s special shareholder meeting.
By Newmont Corporation · Via Business Wire · October 11, 2023
Newmont Reached a Preliminary Agreement with Peñasquito Mine’s Union
Newmont Corporation (NYSE: NEM, TSX: NGT) confirms it has reached a preliminary agreement with the National Union of Mine, Metal, and Allied Workers of the Mexican Republic (the Union) aiming to end the strike initiated by the Union on June 7, 2023 at Minera Peñasquito in the Mexican state of Zacatecas.
By Newmont Corporation · Via Business Wire · October 6, 2023
Newmont Cleared by PNG’s Securities Commission to Proceed with Proposed Acquisition of Newcrest
Newmont Corporation (NYSE: NEM, TSX: NGT) announced that the Securities Commission of Papua New Guinea (SCPNG) 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 Limited (ASX, TSX, PNGX: NCM). Last week, the Philippine Competition Commission (PCC) also indicated its approval of the proposed transaction. All of the government regulatory approvals necessary for the transaction to proceed have now been secured.
By Newmont Corporation · Via Business Wire · October 4, 2023
Newmont Assigned Stable A- Rating from Fitch
Newmont Corporation (NYSE: NEM, TSX: NGT) 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.
By Newmont Corporation · Via Business Wire · October 3, 2023
Newmont Announces Executive Leadership Appointments
Newmont Corporation (NYSE: NEM, TSX: NGT) 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.
By Newmont Corporation · Via Business Wire · October 1, 2023
Newmont Announces Third Quarter 2023 Earnings Call
Newmont Corporation (NYSE: NEM, TSX: NGT) 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 (8:00 a.m. Mountain Daylight Time), the same day, which will be available on the Company’s website.
By Newmont Corporation · Via Business Wire · September 29, 2023
ISS and Glass Lewis Recommend Newmont Shareholders Vote “FOR” Proposed Acquisition of Newcrest
Newmont Corporation (NYSE: NEM, TSX: NGT) announced today that independent proxy advisory firms Institutional Shareholder Services Inc. (ISS) and Glass, Lewis & Co. (Glass Lewis) recommended that Newmont shareholders vote “FOR” each of the Company’s resolutions in connection with the proposed acquisition of Newcrest Mining Limited (ASX, TSX, PNGX: NCM) at the special meeting of stockholders that will take place virtually on Wednesday, October 11, 2023, at 8:00 a.m. Mountain Daylight Time.
By Newmont Corporation · Via Business Wire · September 28, 2023
Newmont Receives Clearances from Australia’s Foreign Investment Review Board and Japan’s Fair Trade Commission
Newmont Corporation (NYSE: NEM, TSX: NGT) today announced that, following a review by Australia’s Foreign Investment Review Board (FIRB), the Treasurer has cleared the Company to proceed with its proposed acquisition of Newcrest Mining Limited (ASX, TSX, PNGX: NCM), issuing a No Objection Notification (NON). The NON is conditioned upon compliance with standard tax conditions associated with the Commonwealth’s taxation laws. Last week, Japan’s Fair Trade Commission (JFTC) issued a clearance letter allowing closing of the proposed transaction to proceed any time after September 30, 2023.
By Newmont Corporation · Via Business Wire · September 18, 2023
Newmont Receives Clearance from Australia’s Competition Regulator to Acquire Newcrest
Newmont Corporation (NYSE: NEM, TSX: NGT) today announced that following a review by the Australian Competition & Consumer Commission (ACCC), the agency has cleared the Company to proceed with its proposed acquisition of Newcrest Mining Limited (ASX, TSX, PNGX: NCM). The ACCC is expected to convey its clearance of the transaction to Australia’s Foreign Investment Review Board for consideration.
By Newmont Corporation · Via Business Wire · August 21, 2023
Newmont Announces Date of Special Meeting of Stockholders and Filing of Definitive Proxy Statement for Acquisition of Newcrest
Newmont Corporation (NYSE: NEM, TSX: NGT) 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 Limited (ASX, TSX, PNGX: NCM) by way of a Scheme of Arrangement (“Scheme”). Newmont notified stockholders that the meeting will take place virtually on Wednesday, October 11, 2023, at 8:00 a.m. Mountain Daylight Time.
By Newmont Corporation · Via Business Wire · September 7, 2023
Newmont Receives Clearance from Korea Fair Trade Commission to Acquire Newcrest
Newmont Corporation (NYSE: NEM, TSX: NGT) today announced that the Korea Fair Trade Commission (KFTC) has cleared the Company to proceed with its proposed acquisition of Newcrest Mining Limited (ASX, TSX, PNGX: NCM), stating that the transaction does not violate Korea’s Monopoly Regulation and Fair Trade Law.
By Newmont Corporation · Via Business Wire · August 15, 2023
Newmont Announces PNG Competition Commission Clearance for Acquisition of Newcrest
Newmont Corporation (NYSE: NEM, TSX: NGT) today announced that Papua New Guinea’s (PNG) Independent Consumer & Competition Commission (ICCC) granted clearance for the Company to proceed with its proposed acquisition of Newcrest Mining Limited (ASX, TSX, PNGX: NCM). 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.
By Newmont Corporation · Via Business Wire · August 2, 2023
Newmont Reports Second Quarter 2023 Results; Remains on Track to Achieve Full Year Guidance*; Declares $0.40 Second Quarter Dividend
Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) today announced second quarter 2023 results and declared a second quarter dividend of $0.40 per share.
By Newmont Corporation · Via Business Wire · July 20, 2023
Newmont Announces Canadian Competition Bureau Clearance for Acquisition of Newcrest
Newmont Corporation (NYSE: NEM, TSX: NGT) today announced that the Canadian Competition Bureau issued a “no action” letter clearing Newmont’s previously announced transaction with Newcrest Mining Limited (ASX, TSX, PNGX: NCM) under Canadian competition law. Newmont is progressing towards receiving regulatory approvals in other jurisdictions for a transaction close expected in the fourth quarter.
By Newmont Corporation · Via Business Wire · July 18, 2023
Newmont Announces Second Quarter 2023 Earnings Call
Newmont Corporation (NYSE: NEM, TSX: NGT) 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 (9:00 a.m. Mountain Daylight Time), the same day, which will be available on the Company’s website.
By Newmont Corporation · Via Business Wire · July 3, 2023
Newmont Defers Investment Decision for Yanacocha Sulfides Project to Advance Portfolio Optimization Strategy
Newmont Corporation (NYSE: NEM, TSX: NGT) today announced it will defer the full-funds investment decision for the Yanacocha Sulfides project in Peru (the Project) 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 strategy, which balances steady reinvestment in the business, maintaining financial strength and flexibility and providing leading returns to shareholders.
By Newmont Corporation · Via Business Wire · June 20, 2023
Newmont Urges Union at Peñasquito Mine in Mexico to Abide by Labor Agreement
Newmont Corporation (NYSE:NEM,TSX:NGT) 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 (“the Union”) regarding violating legal regulations and labor agreements. The Company urged the Union to abide by the mutually agreed Collective Bargaining Agreement (“CBA”) negotiated and signed by both parties in June of 2022.
By Newmont Corporation · Via Business Wire · June 8, 2023
Newmont Promotes Suzanne Retallack to Chief Safety and Sustainability Officer
Newmont Corporation (NYSE: NEM, TSX: NGT) announced today the promotion of experienced leader Suzanne Retallack as the Company’s Chief Safety and Sustainability Officer.
By Newmont Corporation · Via Business Wire · June 7, 2023
Newmont Publishes 2022 Climate Report
Today, Newmont Corporation (NYSE: NEM, TSX: NGT) published its 2022 Climate Report, prepared in alignment with the Recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). 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.
By Newmont Corporation · Via Business Wire · May 25, 2023
Newmont Appoints Experienced Chief Financial Officer
Newmont Corporation (NYSE: NEM, TSX: NGT) today announced the appointment of Karyn Ovelmen as Executive Vice President and Chief Financial Officer.
By Newmont Corporation · Via Business Wire · May 18, 2023
Newmont Enters into Definitive Agreement to Acquire Newcrest
Newmont Corporation (NYSE: NEM, TSX: NGT) today announced that following completion of due diligence it has entered into a binding Scheme Implementation Deed (“SID”) 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 “Scheme” or the “Transaction”).
By Newmont Corporation · Via Business Wire · May 14, 2023
Newmont Delivers on First Quarter 2023 Expectations, Remains on Track to Achieve Full Year Guidance; Declares $0.40 First Quarter Dividend
Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) today announced first quarter 2023 results and declared a first quarter dividend of $0.40 per share.
By Newmont Corporation · Via Business Wire · April 27, 2023
Newmont Publishes its 2022 Sustainability Report Demonstrating Disciplined Approach to Responsible Mining Practices and Sustainable Operations
Today, Newmont Corporation (NYSE: NEM, TSX: NGT) launched its 2022 Sustainability Report and 2022 Taxes and Royalties Contributions Report as part of its annual reporting suite, highlighting the Company’s most material environmental, social and governance (ESG) topics. Newmont has published global sustainability reports on an annual basis since 2003. In May, the company will also publish its third annual Climate Report.
By Newmont Corporation · Via Business Wire · April 20, 2023
Newmont Announces First Quarter 2023 Earnings Call
Newmont Corporation (NYSE: NEM, TSX: NGT) today announced that it will release its first quarter 2023 operations and financial results, on Thursday, April 27, 2023. Newmont will hold a conference call at 10 a.m. Eastern Standard Time (8:00 a.m. Mountain Standard Time) the same day, which will be available on the Company’s website.
By Newmont Corporation · Via Business Wire · April 12, 2023
Newmont to Enter into Confirmatory Due Diligence on Newcrest
Newmont Corporation (NYSE: NEM, TSX: NGT) submitted a revised non-binding indicative proposal to the Board of Directors of Newcrest Mining Limited (Newcrest) to acquire 100 percent of the issued share capital of Newcrest by way of an Australian Scheme of Arrangement, under which Newcrest shareholders would receive 0.400x Newmont shares per each Newcrest share held. In addition, Newcrest would have the right to fund and pay to its shareholders a special dividend of up to USD$1.10 per Newcrest share. Newmont’s improved offer on these terms is best and final, subject only to no superior proposal emerging (and is referred to in this release as the Best and Final Proposal).
By Newmont Corporation · Via Business Wire · April 10, 2023
Newmont Completes Sale of Triple Flag Shares
Newmont Corporation (NYSE: NEM, TSX: NGT) today announced it completed the sale of its common shares of Triple Flag Precious Metal Corp. (Triple Flag) on the open market for $179 million in net proceeds, after tax. The monetization of Triple Flag’s shares further streamlines and optimizes Newmont’s equity portfolio, while generating cash for the business at fair value.
By Newmont Corporation · Via Business Wire · March 29, 2023
Newmont Announces Increased 2022 Mineral Reserves of 96 Million Gold Ounces and 68 Million Gold Equivalent Ounces
Newmont Corporation (NYSE: NEM, TSX: NGT) reported higher gold Mineral Reserves ("reserves") of 96.1 million attributable ounces for 2022 compared to the Company’s 92.8 million ounces at the end of 2021. Newmont has significant upside to other metals, including more than 15 billion pounds of copper reserves and nearly 600 million ounces of silver reserves.
By Newmont Corporation · Via Business Wire · February 23, 2023
Newmont Achieves 2022 Guidance; Provides Stable 2023 and Improving Longer-Term Outlook; Declares $0.40 Fourth Quarter Dividend
Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) today announced fourth quarter and full year 2022 results, as well as its 2023 and longer-term outlook.
By Newmont Corporation · Via Business Wire · February 23, 2023
Newmont Announces Appointment of Mining Veteran Natascha Viljoen as Incoming Chief Operating Officer
Newmont Corporation (NYSE: NEM, TSX: NGT) today announced that Natascha Viljoen will join the Company’s Executive Leadership Team as Executive Vice President and Chief Operating Officer upon completion of her notice period of up to 12 months.
By Newmont Corporation · Via Business Wire · February 15, 2023
Newmont Confirms Proposal to Combine with Newcrest
Newmont Corporation (NYSE: NEM, TSX: NGT) today confirmed it has submitted a non-binding proposal to acquire 100% of the issued share capital of Newcrest Mining Limited (Newcrest) by way of a scheme of arrangement. The proposed transaction would combine two of the sector’s top senior gold producers, and set the standard for sustainable and responsible gold mining.
By Newmont Corporation · Via Business Wire · February 5, 2023
Newmont Ranked Top Miner in 2022 Dow Jones Sustainability World Index
For the 15th year in a row, Newmont Corporation (NYSE: NEM, TSX: NGT) joins the Dow Jones Sustainability™ World Index (DJSI World), representing the top 10% of the largest 2,500 companies in the S&P Global Broad Market Index. DJSI World membership is based on long-term economic factors, as well as leading environmental, social and governance (ESG) performance evaluated through the 2022 S&P Global Corporate Sustainability Assessment (CSA).
By Newmont Corporation · Via Business Wire · December 13, 2022
Newmont Announces 2023 Guidance and Fourth Quarter 2022 Results Conference Call
Newmont Corporation (NYSE: NEM, TSX: NGT) today announced that it will release its 2023 guidance and longer-term outlook, along with full year and fourth quarter 2022 operations and financial results, on Thursday, February 23, 2023. Newmont will hold a conference call at 10 a.m. Eastern Standard Time (8:00 a.m. Mountain Standard Time) the same day, which will be available on the Company’s website. Positioning guidance alongside the fourth quarter results going forward aligns with industry timing, and will allow for more relevant macro-economic conditions to be considered for the upcoming year.
By Newmont Corporation · Via Business Wire · November 22, 2022
Newmont Announces Third Quarter 2022 Results
Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) today announced third quarter 2022 results.
By Newmont Corporation · Via Business Wire · November 1, 2022
Newmont Declares Third Quarter Dividend of $0.55 Per Share, In Line With Past Eight Quarters
Newmont Corporation (NYSE: NEM, TSX: NGT) today announced that its Board of Directors declared a dividend of $0.55 per share of common stock for the third quarter of 2022, payable on December 29, 2022 to holders of record at the close of business on December 8, 2022.
By Newmont Corporation · Via Business Wire · October 27, 2022
Newmont Announces Third Quarter 2022 Earnings Call
Newmont Corporation (NYSE: NEM, TSX: NGT) today announced it will report third quarter 2022 operations and financial results before the market opens on Tuesday, November 1, 2022, and will hold a conference call at 10 a.m. Eastern Time (8:00 a.m. Mountain Time) the same day. The earnings call will also be carried on the Company’s website.
By Newmont Corporation · Via Business Wire · October 11, 2022
Glencore to Acquire Newmont’s Stake In MARA Project
Today, Glencore International AG (GIAG) and Newmont Corporation (NYSE: NEM, TSX: NGT) announced they have reached an agreement in which Glencore will acquire Newmont’s 18.75% shareholding in the MARA Project (MARA). Following completion of the transaction, Glencore will own 43.75% of MARA.
By Newmont Corporation · Via Business Wire · September 23, 2022
Newmont Announces Executive Leadership Appointments
Newmont Corporation (NYSE: NEM, TSX: NGT) today announced a series of executive leadership appointments to strategic technical and operational roles within the Company.
By Newmont Corporation · Via Business Wire · September 22, 2022
Newmont Delays Yanacocha Sulfides Project and Appoints Dean Gehring to Lead Assets in Peru
Newmont Corporation (NYSE: NEM, TSX: NGT) has announced it will delay the full-funds investment decision for the Yanacocha Sulfides project in Peru to the second half of 2024. To complement this announcement, Newmont has appointed Dean Gehring as Chief Development Officer – Peru to lead the Company’s Yanacocha operations and the Sulfides project.
By Newmont Corporation · Via Business Wire · September 15, 2022
Newmont Publishes Inaugural Taxes and Royalties Contribution Report
Today, Newmont Corporation (NYSE: NEM, TSX: NGT) published its inaugural Taxes and Royalties Contribution Report (the report), continuing the Company’s commitment to transparency by detailing the significant contributions made to host communities and governments.
By Newmont Corporation · Via Business Wire · August 23, 2022
Newmont Names Peter Toth as Chief Strategy and Sustainability Officer
Newmont Corporation (NYSE: NEM, TSX: NGT) has announced Peter Toth as Chief Strategy and Sustainability Officer following the retirement of Chief Sustainability & External Affairs Officer Stephen Gottesfeld after 25 years of dedicated service to the Company.
By Newmont Corporation · Via Business Wire · August 17, 2022
Newmont Announces Senior Leadership Appointments
Today, Newmont Corporation (NYSE: NEM, TSX: NGT) announced the appointment of two senior operational leaders to key roles within the Company. Mia Gous will lead Newmont’s Australia Region as Senior Vice President – Australia. Alex Bates has been named Senior Vice President - Workplace Responsibility, with a focus to strengthen Newmont’s commitment to providing a safe, healthy and equitable workplace.
By Newmont Corporation · Via Business Wire · August 2, 2022
Newmont Announces Second Quarter 2022 Results
Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) today announced second quarter 2022 results.
By Newmont Corporation · Via Business Wire · July 25, 2022
Newmont Declares Second Quarter Dividend of $0.55 Per Share
Newmont Corporation (NYSE: NEM, TSX: NGT) today announced that its Board of Directors declared a dividend of $0.55 per share of common stock for the second quarter of 2022, payable on September 22, 2022 to holders of record at the close of business on September 8, 2022.
By Newmont Corporation · Via Business Wire · July 22, 2022