Newmont Corp. announced today that it has received aggregate net proceeds of approximately $992 million, after deducting underwriting discounts , upon the closing of its registered public offering of $1 billion aggregate principal amount of 2.600% Sustainability-Linked Senior Notes due 2032. Newmont is the first in the mining industry to issue a sustainability-linked bond, representing a further step in aligning its [...]
Newmont Corp. announced today the early results of the previously announced offers to purchase for cash any and all of the outstanding 3.700% Notes due 2023 issued by Newmont and 3.700% Notes due 2023 issued by Goldcorp Inc., a wholly-owned subsidiary of Newmont . The terms and conditions of the Offers and the Consent Solicitations are described in the Offer to Purchase and Consent Solicitation Statement, dated December [...]
Newmont Corp. announced today the pricing terms of the previously announced offers to purchase for cash any and all of the outstanding 3.700% Notes due 2023 issued by Newmont and 3.700% Notes due 2023 issued by Goldcorp Inc., a wholly-owned subsidiary of Newmont . The Tender Offers are being made pursuant to the terms and subject to the conditions set forth in the offer to purchase and consent solicitation statement [...]
Newmont Corp. announced today the pricing of its public offering of $1.0 billion aggregate principal amount of 2.600% sustainability-linked senior notes due 2032 . Subject to customary conditions, the offering is expected to close on December 20, 2021. The offering is being made pursuant to the Company's shelf registration statement filed with the Securities and Exchange Commission. The Notes will be senior unsecured [...]
Newmont Corp. announced today that it has commenced offers to purchase for cash any and all of the outstanding 3.700% Notes due 2023 issued by Newmont and 3.700% Notes due 2023 issued by Goldcorp Inc., a wholly-owned subsidiary of Newmont . The following table sets forth the material pricing terms for each Offer: Title of Security Issuer CUSIP Numbers Aggregate Principal Amount Outstanding Reference U.S. Treasury Security [...]
Newmont Corp. announced today its intention to offer, subject to market and other conditions, sustainability-linked senior unsecured notes pursuant to the Company's shelf registration statement filed with the Securities and Exchange Commission. The Notes will be guaranteed on a senior unsecured basis by the Company's subsidiary Newmont USA Limited. Newmont will be the first in the mining industry to issue a [...]
Newmont Corp. announced its 2022 outlook* with attributable gold production guidance of 6.2 million ounces and AISC** of $1,050 per ounce at an $1,800 gold price assumption. Total gold production combined with other metals is expected to be 7.5 million gold equivalent ounces in 2022 and improve longer-term, with declining costs through investments in new, lower-cost production and benefits from Full Potential [...]
Today, Newmont Corp. announced the appointment of Dr. Emma FitzGerald and Mary Laschinger to its Board of Directors effective December 1, 2021. Emma FitzGerald is the former Chief Executive Officer of Puma Energy International and a leader in delivering energy solutions around the world. Emma has a deep understanding of the energy and water industries and operating successfully in developing markets from leading customer [...]
Newmont has agreed to sell its Kalgoorlie power business to Australia's Northern Star Resources Ltd. . Under terms of the agreement, Newmont receives US$95 million in cash, inclusive of the US$25 million option payment previously received from Northern Star as part of its purchase of Newmont's 50 percent stake in Kalgoorlie Consolidated Gold Mines in 2020. The Kalgoorlie power business has been a profitable asset for [...]
For the 14th year in a row, Newmont Corp. joins the Dow Jones Sustainability™ World Index , 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 performance evaluated through the 2021 S&P Global Corporate Sustainability Assessment . The ranking is based upon [...]
Newmont Corp. announced today it will redeem the principal amount of $492,105,000 related to its 3.500% Senior Notes due March 2022 . The Notes will be redeemed on December 15, 2021, at a redemption price equal to the principal amount of the outstanding Notes plus accrued and unpaid interest in accordance with the terms of the Notes. Interest on the Notes will cease to accrue on the Redemption Date. Questions regarding [...]
Today, Newmont Corp. , the world's largest gold mining company, announced a strategic alliance with Caterpillar Inc. , producer of the world's most comprehensive suite of mining equipment and technologies, to deliver a fully connected, automated, zero carbon emitting, end-to-end mining system. Together, they will collaborate to create a safer, more productive mine, and substantially support Newmont in reaching their 2030 [...]