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 [...]
Newmont Corp. today announced that it will release its 2022 guidance and longer-term outlook before the market opens on Thursday, December 2, 2021, and will hold a conference call at 9 a.m. Eastern Standard Time the same day. The guidance webcast 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 Corporation today announced third quarter 2021 results. THIRD QUARTER 2021 HIGHLIGHTS Produced 1.45 million attributable ounces of gold and 315 thousand attributable gold equivalent ounces from co-products Reported gold CAS* of $830 per ounce and AISC* of $1,120 per ounce Updated full-year guidance of 6.0 million ounces of attributable gold production, $790 per ounce of CAS and $1,050 per ounce of AISC [...]
Newmont Corp. today announced that its Board of Directors declared a quarterly dividend of $0.55 per share of common stock, payable on December 28, 2021 to holders of record at the close of business on December 9, 2021. The declaration and payment of future quarterly dividends remains at the discretion of the Board of Directors and will depend on the Company's financial results, cash flow and cash requirements, future [...]
Newmont Corp. will appoint Peter Toth as Executive Vice President, Strategic Development, a 25-year veteran of the industry to support positioning the Company for the next 100 years of strategic growth for its stakeholders. Toth will join Newmont effective July 1, 2022. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211019005345/en/ Toth has extensive [...]
Today, Newmont Corp. delivered the gold industry's first Autonomous Haulage System fleet at Boddington, Western Australia's largest gold mine. With the transition to a fully autonomous haulage fleet of 36 trucks, the Company will improve mine safety and productivity, while extending mine life. "Newmont is proud to deliver the gold industry's first autonomous haul truck fleet at Boddington, an important milestone for the [...]