Today, Newmont Corp. announced that it has executed an industry-leading $3.0 billion sustainability-linked revolving credit facility. The credit facility includes a pricing feature based upon third-party sustainability performance measures and includes overall improved pricing from the previous facility. This new credit facility expires in March 2026, amending and extending the credit facility executed in 2019. "Our [...]
DENVER and BENGALURU, Infosys BPM, the business process management arm of Infosys , today announced a five-year extension to its strategic collaboration with Newmont Corp. , the world's largest gold mining company, to standardize and digitize delivery models across its mine sites. Through this renewed engagement, Infosys BPM will drive operational excellence leveraging automation, artificial intelligence , and design [...]
Newmont Corp. announced today it will redeem the principal amount of $550 million related to its 3.625% Senior Notes due June 2021 . The Notes will be redeemed on April 9, 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 the [...]
Newmont Corp. and GT Gold Corp. announced that the companies have entered into a binding agreement in which Newmont will acquire the remaining 85.1% of common shares of GT Gold not already owned by Newmont. Under the terms of the agreement, Newmont will acquire each GT Gold share at a price of C$3.25, for cash consideration of approximately US$311 million . "We are excited to expand our world-class portfolio to include [...]
Newmont today announced full year and fourth quarter 2020 results. 2020 HIGHLIGHTS: Produced 5.9 million attributable ounces of gold and over 1 million attributable gold equivalent ounces of co-products, gold CAS* of $756 per ounce, and gold AISC* of $1,045 per ounce achieving 2020 full-year guidance. Generated record $4.9 billion of cash from continuing operations and $3.6 billion of Free Cash Flow.
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 [...]