Newmont Corp. today announced a $500,000 donation to the Colorado COVID Relief Fund, a statewide relief effort established in March with the support of Governor Jared Polis. A matching contribution from the Colorado Health Foundation will double the impact of Newmont’s donation to $1 million. Newmont’s donation to the Colorado COVID Relief Fund is targeted to benefit residents of Teller and Fremont counties, the [...]
Newmont Corp. today announced first quarter 2020 results. COVID-19 response Fully mobilized rapid response crisis management teams and business continuity plans and are working closely with host and indigenous communities, regional and national governments and medical experts to protect Newmont's workforce and nearby communities Implemented wide-ranging controls at the Company's operations and offices to put the health [...]
Newmont Corp. today announced that its Board of Directors declared a quarterly dividend of $0.25 per share of common stock, payable on June 18, 2020, to holders of record at the close of business on June 4, 2020. Consistent with the Company’s prior announcement to significantly increase its industry leading dividend, the first quarter 2020 dividend declared represents an increase of 79 percent compared to the prior [...]
Newmont Corp. today announced the establishment of a US$20 million fund to help host communities, governments and employees combat the COVID-19 pandemic. The Newmont Global Community Support Fund builds upon other local contributions and efforts the Company has implemented over the last month. Newmont will partner with local governments, medical institutions, charities and non-governmental organizations to target funds [...]
Newmont Corp. today announced it will report first quarter 2020 operations and financial results before the market opens on Tuesday, May 5, 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 Intl [...]
Newmont Corp. announced today that following new, Coronavirus-related restrictions by the government of Mexico, the Company is taking steps towards a safe and orderly ramp down of operations at the Pe?asquito mine in the state of Zacatecas. Yesterday, Mexico?s federal government published a decree mandating the temporary suspension of all non-essential activities until April 30 as part of a nationwide effort to help slow [...]
Newmont Corp. announced today the expiration and final results of the previously announced offers to purchase for cash up to the applicable Maximum Principal Tender Amount set forth in the table below of the 3.500% Senior Notes due 2022 issued by Newmont and the 3.700% Notes due 2023 issued by Goldcorp Inc., a wholly-owned subsidiary of Newmont . The Tender Offers were made pursuant to the terms and subject to the [...]
Newmont Corp. today announced it successfully completed the sale of its Red Lake complex in Ontario, Canada to Evolution Mining Ltd. and received cash proceeds of $375 million with future contingent payments of up to an additional $100 million tied to new resource discoveries. ?We are pleased to complete the sale of Red Lake to a highly respected and responsible operator in Evolution. The transaction provides us ongoing [...]
Newmont Corp. provided notice today of an update to the location for the Company?s 2020 Annual Meeting of Stockholders via the filing of additional proxy materials with the SEC. Due to the emerging public health impact of the COVID-19 pandemic, Newmont?s 2020 Annual Meeting of Stockholders will be held in a virtual only meeting format on Tuesday, April 21, 2020, at 8:00 a.m. Mountain Time. Online access to the meeting [...]
Newmont Corp. has implemented additional controls at its operations and offices around the globe to further protect the health and safety of its workforce, their families and neighboring communities while also taking steps to preserve long-term business value. “Our business continuity plans and rapid response teams have been fully mobilized in response to the COVID-19 global pandemic,” said Tom Palmer [...]
Newmont Corp. announced today the pricing terms of the previously announced offers to purchase for cash up to the applicable Maximum Principal Tender Amount of the 3.500% Senior Notes due 2022 issued by Newmont , the 3.700% Notes due 2023 issued by Newmont and the 3.700% Notes due 2023 issued by Goldcorp Inc., a wholly-owned subsidiary of Newmont . The Tender Offers are being made pursuant to the terms and subject to the [...]
Newmont Corp. announced today that it has received aggregate net proceeds of approximately $985 million, after deducting underwriting discounts , upon the closing of its registered public offering of $1 billion aggregate principal amount of 2.250% Senior Notes due 2030. “The success of our one billion dollar debt offering and the positive response from bondholders is a result of the confidence in our capital [...]