Newmont Corp.

Newmont Corp. announced today that Bernard Wessels has been appointed General Manager of the Peñasquito mine, replacing Jim Cooper. Jim Cooper’s employment with Newmont has been terminated with immediate effect for violations of Newmont’s Code of Conduct while working for the Company in Australia. Bernard Wessels brings a long and successful track record of operational delivery to Peñasquito having managed Newmont’s Ahafo [...]

Newmont Corp. announced today that the Cedros General Assembly ratified the definitive agreement that was reached on April 22, 2020 and resolved all outstanding disputes between Peñasquito and the San Juan de Cedros community . The agreement was developed with the support of Mexico’s Ministry of Interior , the Government of the State of Zacatecas, the Undersecretary of Mining, and the Mining Union, and was signed by [...]

Newmont today announced second quarter 2020 results. Produced 1.3 million attributable ounces of gold* and reported CAS* of $748 per ounce and AISC* of $1,097 per ounce and produced 138 thousand attributable gold equivalent ounces from co-products. Generated $668 million of cash from continuing operations and $388 million of Free Cash Flow* while safely managing the ramp up of operations in care and maintenance. Reported [...]

Newmont Corp. today announced that its Board of Directors declared a quarterly dividend of $0.25 per share of common stock, payable on September 24, 2020, to holders of record at the close of business on September 10, 2020. 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 [...]

Newmont Corp. announced today that on July 16, 2020, through its wholly owned subsidiary, Goldcorp Inc., it disposed of 17,662,646 common shares of Gold Standard Ventures Corp.. The Disposition took place on the Chi-X Exchange. Immediately prior to the Disposition, Newmont beneficially owned or exercised control or direction over 35,325,291 Common Shares, representing approximately 12.4 percent of the issued and [...]

Newmont Corp. today announced it will report second quarter 2020 operations and financial results before the market opens on Thursday, July 30, 2020 and will hold a conference call at 9:00 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 877.344.7529 [...]

Newmont Corp. announced today that on June 27, 2020, 3,034,393 warrants of Quebec Precious Metals Corp. held by Goldcorp Inc. , its wholly-owned subsidiary, expired in accordance with their terms . Each Warrant was exercisable for one common share of QPM. Prior to the Expiration, Newmont beneficially owned or exercised control or direction over 10,541,042 Common Shares, representing approximately 15.6% of the issued and [...]

Newmont Corp. was ranked 13th overall in 3BL Media’s 100 Best Corporate Citizens list for 2020, moving up from 20th on last year’s list. Newmont was the sole mining company in the top 20 and one of only two miners to make the 21st annual list. “Consistently strong environmental, social and governance performance is inextricably linked to delivering superior business results and is a key measure of how well our business is [...]

Newmont Corp. today announced the publication of its 2019 Sustainability Report, Beyond the Mine, a transparent and comprehensive disclosure of the Company’s environmental, social and governance performance. “Our sustainability report provides investors and other stakeholders a transparent and detailed look at look at our safety, environmental and social performance,” said Tom Palmer, President and Chief Executive [...]

Newmont Corp. announced today the Company continues to ramp up operations at Peñasquito, Cerro Negro, Éléonore and Yanacocha. Among Newmont’s 12 operating mines and two joint ventures, 13 sites will be fully operational in the coming weeks. “We are pleased to be ramping up operations at our four sites previously placed in care and maintenance and we remain committed to protecting our workforce and neighboring [...]