Newmont Corp. today published its 2024 Sustainability Report and its 2024 Taxes & Royalties Contribution Report emphasizing the company's environmental, social and governance performance and fiscal transparency over the past year. Commenting on Newmont's contributions to sustainable and responsible mining, Chief Executive Officer Tom Palmer said: "In 2024, we continued to strengthen our position as the world's leading [...]
Early Warning Disclosure Newmont Corp. announced today a decrease in its holdings of common shares in the capital of Discovery Silver Corp. . On May 8, 2025 , Goldcorp Inc. , a subsidiary of Newmont, sold 50,500,000 Common Shares for aggregate consideration of approximately CAD $124.07 million, or CAD $2.457 per Common Share. The disposition occurred through the facilities of the Toronto Stock Exchange. Immediately prior [...]
Newmont Corp. today announced that Natascha Viljoen, Executive Vice President and Chief Operating Officer, has been promoted to President and Chief Operating Officer of the company. Ms. Viljoen will continue to report directly to Chief Executive Officer Tom Palmer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250502352607/en/ Natascha Viljoen, President & COO [...]
Newmont Corporation today announced first quarter 2025 results and declared a dividend of $0.251 per share. "Following on from a robust fourth quarter performance, Newmont has delivered 1.5 million attributable gold ounces and generated a record first quarter free cash flow of $1.2 billion, demonstrating the strength of our unrivaled Tier 1 Portfolio," said Tom Palmer, Newmont's President and Chief Executive Officer. "We [...]
Newmont Corp. announced today that it has finalized the previously disclosed sales of its Akyem operation in Ghana and its Porcupine operation in Canada. With these transactions now closed, the Company has completed the divestiture program announced in February 20242. "Today, I am pleased to announce the successful completion of our non-core asset divestiture program with the sale of Akyem and Porcupine, generating total [...]
Newmont Corp. will release its first quarter 2025 results after North American markets close on Wednesday, April 23, 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 Thursday, April 24, 2025. A replay of the webcast will be available through the Company's website. Conference Call Details Dial-In Number [...]
Gold has been off to a strong start this year, surging about 40% since Jan, and according to Goldman Sachs, this momentum is likely to continue through the year. Having broken through the $2,900 barrier for the first time earlier last month, the price of the precious metal is predicted to top at least $3,100 per ounce by the end of 2025, driven by a number of factors. For starters, US President Donald Trump's decision to [...]
Newmont Corp. announced today that it has completed the previously disclosed sales of three non-core operations, including the Musselwhite and Éléonore operations in Canada and the Cripple Creek & Victor operation in Colorado, USA. "Today, I am pleased to announce the successful divestment of three more of our non-core assets, generating total after-tax cash proceeds of $1.7 billion before closing adjustments," said Tom [...]
Newmont Corporation reported gold Mineral Reserves of 134.1 million attributable ounces at the end of 2024 compared to the Company's 135.9 million attributable ounces at the end of 2023, inclusive of assets held for divestment. Newmont's go-forward Tier 11 portfolio includes 125.5 million attributable gold ounces and significant Mineral Reserves from other metals, including more than 13.5 million attributable tonnes of [...]
Newmont Corporation today announced its fourth quarter and full year 2024 results, declared a fourth quarter dividend of $0.251 and provided guidance for the full year of 2025. "2024 was a transformational year for Newmont, as we focused on the integration of the Newcrest portfolio, divestment of our non-core assets, and transitioning the business onto a stable operating and investment platform. We have deliberately [...]
Newmont Corp. and Newcrest Finance Pty Limited, a wholly owned subsidiary of Newmont today announced the redemption of $927,754,000 in principal, fully retiring the 5.30% Notes due 2026 . Including the early redemption of the 2026 Notes, Newmont will have retired approximately $1.4 billion of its debt over the last 12 months, demonstrating the Company's commitment to deleveraging and strengthening its balance sheet. The [...]
Newmont Corp. announced today that it has agreed to sell its Porcupine operation in Ontario, Canada to Discovery Silver Corp. for up to $425 million in total consideration. Upon closing the sale of the Porcupine operation and the previously announced transactions, Newmont will deliver up to $4.3 billion in total proceeds from non-core asset divestitures and investments. The transaction is expected to close in the first [...]