Newmont Corp. announced today it has completed the sale of common shares of Orla Mining Ltd. . Newmont disposed of 43 million Common Shares through the facilities of the Toronto Stock Exchange at a price of US$10.14 per Common Share, for aggregate gross proceeds of US$439 million . "Today's announcement demonstrates Newmont's ongoing commitment to streamlining our equity portfolio and unlocks significant cash to support [...]
Newmont Corp. announced today that it has agreed to sell its Coffee Project in Yukon, Canada to Fuerte Metals Corp. for up to $150 million in total consideration. The transaction is expected to close in the fourth quarter of 2025, subject to certain conditions being satisfied.1 Under the terms of the agreement, Newmont expects to receive gross proceeds of up to $150 million, which includes: Cash consideration of $10 [...]
Newmont Corp. announces that it has applied for a voluntary delisting of its common shares from the Toronto Stock Exchange , which is expected to be effective on or about the close of trading September 24, 2025. In addition to its primary listing on the New York Stock Exchange , Newmont continues to support its listings on the Australian Securities Exchange and the Papua New Guinea Stock Exchange . The Company is [...]
Newmont Corp. today announced that Moody's Ratings has upgraded Newmont's issuer credit rating to A3 from Baa1, with a stable outlook. The upgrade is supported by Newmont's improved credit profile, strengthened balance sheet, excellent liquidity position, and prudent financial management. "The upgrade from Moody's underscores the strength of Newmont's balance sheet and our commitment to a disciplined, balanced approach to [...]
Newmont Corp. announced today the early tender results of its previously announced offers to purchase for cash up to the Aggregate Cap of its outstanding series of notes listed in the table below . The Tender Offers are being made pursuant to the terms and subject to the conditions set forth in the offer to purchase, dated July 28, 2025 . All capitalized terms not defined herein shall have the meanings ascribed to those [...]
Newmont Corp. is pleased to announce that the Parliament of Ghana has ratified the renewal of the Akyem East Mining Lease . Per Newmont's definitive agreement to divest its Akyem operation in the Republic of Ghana, Zijin Mining Group Co. Ltd.. agreed to pay Newmont $100 million upon receipt of the Lease Ratification. The payment has been received, bringing total after-tax cash proceeds from the sale of Akyem to [...]
Newmont Corp. announced today the sale of common shares of Orosur Mining Inc. . On July 31, 2025, Newmont disposed of 29,213,186 Common Shares in a private transaction, at a price of C$0.19 per Common Share, for aggregate gross proceeds of C$5,550,505.34 . Immediately prior to the Disposition, Newmont held 29,213,186 Common Shares. As a result of dilution following certain distributions of Common Shares by the Issuer [...]
Newmont Corp. announced today that it has commenced offers to purchase for cash up to $2,000 million aggregate principal amount of its outstanding series of notes listed in the table below . The Tender Offers are being made pursuant to the terms and subject to the conditions set forth in the offer to purchase, dated July 28, 2025 . Title of Security CUSIP Aggregate Principal Amount Outstanding Maximum Amount Acceptance [...]
Newmont Corporation today announced second quarter 2025 results, an additional $3.0 billion share repurchase program and declared a dividend of $0.251 per share. "Newmont delivered a strong second quarter, producing approximately 1.5 million attributable gold ounces and generating an all time record quarterly free cash flow of $1.7 billion, underscoring the strength of our world-class portfolio and the disciplined [...]
NetworkNewsWire Editorial Coverage For years, the mining industry has revolved around high-risk, capital-intensive exploration, where the odds of success are slim-often it's a one-in-a-thousand discovery that leads to a viable operation, with the majority of junior miners never making it to production. In addition, investors are frequently diluted, and project timelines can extend over decades. At scale, most mining [...]
Newmont Corp. is pleased to announce that it has executed agreements for the sale of shares in Greatland Resources Limited and Discovery Silver Corp. for aggregate cash consideration of approximately $470 million, net of taxes and commissions. In February 2024, Newmont announced its intent to divest certain high-quality non-core assets, building an unparalleled portfolio of world class gold and copper operations and [...]
Newmont Corp. will release its second quarter 2025 results after North American markets close on Thursday, July 24, 2025. A conference call to discuss the results will be held at 5:30 p.m. Eastern Daylight Time the same day, which is 7:30 a.m. Australian Eastern Standard Time on Friday July 25, 2025. A replay of the webcast will be available through the Company's website. Conference Call Details Dial-In Number [...]