Newmont Corp. today announced that its Board of Directors declared a quarterly dividend of $0.55 per share of common stock, payable on March 18, 2021 to holders of record at the close of business on March 4, 2021. The fourth quarter dividend represents an increase of 38 percent compared to the prior quarterly dividend of $0.40 per share. Newmont's dividend increase is supported by a framework to return 40 to 60 percent of [...]
Newmont Corp. reported gold Mineral Reserves of 94.2 million attributable ounces for 2020 as compared to the Company's adjusted1 95.7 million ounces at the end of 2019. Newmont exceeded its 2020 conversion target by replacing 80 percent of all depletion and maintaining its industry-leading position with the largest gold reserves. This press release features multimedia. View the full release here [...]
Newmont Corp. today officially launched the Newmont Global Center for Indigenous Community Relations as key part of the Company's aim to promote meaningful engagement with Indigenous Peoples. The Center will be a resource for the Company and the mining industry as a way to promote awareness, education and engagement between industry and Indigenous Peoples. "Newmont recognizes the special connection between Indigenous [...]
Newmont Corp. today announced its Board of Directors has approved a share repurchase program for up to $1.0 billion of common equity, to be completed over the next 18 months. The program will be executed at the Company’s discretion, utilizing open market repurchases to occur from time to time throughout the authorization period, and is in addition to Newmont’s industry-leading dividend framework. Newmont’s capital [...]
Newmont Corp. today announced it will report full year and fourth quarter 2020 operations and financial results before the market opens on Thursday, February 18, 2021 and will hold a conference call at 10 a.m. Eastern Time the same day. The earnings call will also be carried on the Company’s website. Conference Call Details Dial-In Number 855.209.8210 Intl Dial-In Number 412.317.5213 Conference Name Newmont Replay Number [...]
Newmont Corp. today announced it will release its 2020 Reserves and Resources before the market opens on Wednesday, February 10, 2021 and will hold an exploration update conference call at 9 a.m. Eastern Time the same day. The exploration update will also be carried on Newmont’s website. Conference Call Details Dial-In Number 855.209.8210 Intl Dial-In Number 412.317.5213 Conference Name Newmont Replay Number 877.344.7529 [...]
Newmont Corp. and its joint venture partners announced the successful integration of the Alumbrera mine, plant and infrastructure with Yamana Gold’s Agua Rica project to create the integrated MARA project. The integration of these two assets finalizes the joint venture between Newmont , Glencore International AG and Yamana Gold . “I am pleased to see this partnership complete the integration of the projects. Joining the [...]
Newmont Corp. announced its 2021 outlook1 with attributable gold production guidance of 6.5 million ounces and AISC2 of $970 per ounce. Attributable gold production3 is expected to be between 6.2 and 6.7 million ounces per year in 2022 and 2023, increasing to between 6.5 to 7.0 million ounces in 2024 and 2025 while improving costs. HIGHLIGHTS Attributable gold production: Production guidance is 6.5 million ounces for 2021 [...]
Today, Newmont Corp. announced the successful completion of two key projects at its Musselwhite mine at Lake Opapimiskan, Ontario, Canada, with the full commissioning of the mine’s conveyor system and the material handling project. “I am extremely proud of the work that has been completed by the team at Musselwhite to safely deliver these two critical projects, whilst managing through the unprecedented challenges caused [...]
Newmont Corp. today announced it will release its 2021 guidance and longer-term outlook before the market opens on Tuesday, December 8, 2020 and will hold an investor update conference call at 9 a.m. Eastern Time the same day. The investor update will also be carried on the Company’s website. Conference Call Details Dial-In Number 855.209.8210 Intl Dial-In Number 412.317.5213 Conference Name Newmont Replay Number [...]
For the 13th year in a row, Newmont Corp. joins the Dow Jones Sustainability™ World Index , representing the top 10% of the globe’s 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 2020 SAM Corporate Sustainability Assessment . The 2020 CSA results also place [...]
Today, Newmont Corp. the world’s leading gold mining company, announced industry-leading climate targets of 30% reduction in greenhouse gas emissions by 2030, with an ultimate goal of achieving net zero carbon emissions by 2050. The new 2030 target builds upon Newmont’s existing GHG emissions reductions target of 16.5 percent over five years, concluding in 2020. “At Newmont, we hold ourselves to high standards — from the [...]