Articles from Newmont
Newmont Announces Early Redemption of its 5.30% Notes Due 2026
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”) today announced the redemption of $927,754,000 in principal, fully retiring the 5.30% Notes due 2026 (the “Notes”).
By Newmont · Via Business Wire · January 27, 2025
Newmont Announces Sale of Porcupine Operation for up to $425 Million
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (“Newmont” or the “Company”) announced today that it has agreed to sell its Porcupine operation in Ontario, Canada to Discovery Silver Corp. (“Discovery”) for up to $425 million in total consideration. Upon closing the sale of the Porcupine operation and the previously announced transactions, Newmont will deliver up to $4.3 billion in total proceeds from non-core asset divestitures and investments.
By Newmont · Via Business Wire · January 27, 2025
Newmont Announces Fourth Quarter and Full Year 2024 Results Conference Call
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) will release its full year and fourth quarter 2024 results after North American markets close on Thursday, February 20, 2025. A conference call to discuss the results will be held at 5:30 p.m. Eastern Standard Time the same day, which is 9:30 a.m. Australian Eastern Daylight Time on Friday, February 21, 2025. A replay of the webcast will be available through the Company’s website.
By Newmont · Via Business Wire · January 13, 2025
Newmont Announces Agreement to Divest CC&V for up to $275 Million
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (“Newmont” or the “Company”) announced today that it has agreed to sell its Cripple Creek & Victor (“CC&V”) operation in Colorado, USA, to SSR Mining Inc. (“SSR”) for up to $275 million in cash consideration. Upon closing the announced transactions, Newmont will have delivered up to $3.9 billion in gross proceeds from non-core asset divestitures and investment sales.1 The transaction is expected to close in the first quarter of 2025, subject to certain conditions being satisfied.2
By Newmont · Via Business Wire · December 6, 2024
Newmont Announces Agreement for Sale of Éléonore for $795 Million in Cash
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (“Newmont” or the “Company”) announced today that it has agreed to sell its Éléonore operation in Northern Quebec, Canada, to Dhilmar Ltd (“Dhilmar”) for $795 million in cash consideration. The transaction is expected to close in the first quarter of 2025, subject to certain conditions being satisfied.1 Upon closing the announced transactions, Newmont will have delivered up to $3.6 billion in gross proceeds from non-core asset divestitures and investment sales.2
By Newmont · Via Business Wire · November 25, 2024
Newmont Announces Sale of Musselwhite for up to $850 Million
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (“Newmont” or the “Company”) announced today that it has agreed to sell its Musselwhite operation in Ontario, Canada, to Orla Mining Ltd (“Orla”) for up to $850 million in total consideration.
By Newmont · Via Business Wire · November 18, 2024
Newmont Announces Executive Leadership Change
Newmont Corporation (NYSE: NEM, TSX: NGT) today announced that Nancy Buese will step down from the role of Executive Vice President and Chief Financial Officer of Newmont on November 1, as she pursues an opportunity outside of the Company. Nancy will be succeeded by Brian Tabolt on an interim basis as Newmont commences a global search.
By Newmont · Via Business Wire · September 28, 2022
Newmont Coffee Gold Project Approved by Federal and Territorial Governments
Today, Newmont Corporation (NYSE:NEM, TSX:NGT) announced that the Governments of Yukon and Canada, after consultation with Yukon First Nations, have jointly accepted the recommendation the Coffee Gold Project be allowed to proceed by the Yukon Environmental Socioeconomic Assessment Board’s (YESAB).
By Newmont · Via Business Wire · March 17, 2022
Newmont to Sell Kalgoorlie Power Business to Northern Star
Newmont (NYSE: NEM, TSX: NGT) (Newmont or the Company) has agreed to sell its Kalgoorlie power business to Australia’s Northern Star Resources Limited (ASX: NST) (Northern Star).
By Newmont · Via Business Wire · November 22, 2021
Newmont Named Co-Leader of Mining and Metals Sector on DJSI World Index
For the 14th 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 2021 S&P Global Corporate Sustainability Assessment (CSA).
By Newmont · Via Business Wire · November 16, 2021