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 [...]
Newmont Corp. today announced that its Board of Directors declared a quarterly dividend of $0.40 per share of common stock, payable on December 28, 2020 to holders of record at the close of business on December 11, 2020. The third quarter dividend represents an increase of 60 percent compared to the prior quarterly dividend of $0.25 per share. Newmont’s dividend is the highest in the gold sector and demonstrates the [...]
Newmont Corp. today announced it will report third quarter 2020 operations and financial results before the market opens on Thursday, October 29, 2020 and will hold a conference call at 12 p.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 877.344.7529 [...]
Newmont Corp. announced today that it has formed an Exploration Joint Venture in Colombia with Agnico Eagle Mines Ltd. . The 50-50 Joint Venture, which will be operated by Agnico Eagle, will explore the Anzá project and advance other prospective gold targets of district-scale potential in Colombia. The Anzá project is a gold exploration project, comprising exploration contracts and applications totaling approximately 200 [...]
Newmont announced today that on September 20, 2020, it entered into a definitive agreement with Maverix Metals Inc. to sell a portfolio of eleven royalties to Maverix. As partial consideration under the Transaction, Newmont will acquire 12,000,000 common shares of Maverix. The 12,000,000 Common Shares issued to Newmont will have an aggregate value of $79,092,024 or $6.591 per share . Immediately prior to the Transaction [...]
Newmont Corp. announced today that it has entered into a definitive agreement with Maverix Metals Inc. to sell a portfolio of eleven royalties . Newmont will receive total consideration of approximately $90 million from Maverix, consisting of $15 million in cash, 12 million Maverix common shares, and up to $15 million in contingent cash payments payable upon completion of certain milestones. The royalties provide exposure [...]
Newmont Corp. has received notice of an unsolicited "mini-tender" offer by TRC Capital Investment Corporation to purchase up to 2,000,000 shares of common stock of Newmont at $63.75 per share. This offering price is 4.44 percent BELOW the $66.71 per share closing price of Newmont shares on August 28, 2020, the day before the offer. TRC has made its offer subject to numerous conditions and has stated that it may terminate [...]