Newmont Corp. announced today that it has agreed to sell its Musselwhite operation in Ontario, Canada, to Orla Mining Ltd. for up to $850 million in total consideration. Under the terms of the agreement, Newmont will receive cash consideration of $810 million upon closing and up to $40 million1 in contingent payments. The transaction is expected to [...]
Newmont Corp. announced today that Newcrest Canada Holdings Inc. , a wholly-owned subsidiary of Newmont, sold all 14,674,056 common shares of Azucar Minerals Ltd. held by the Vendor to Almadex Minerals Ltd. and certain directors and officers of Azucar , for an aggregate purchase price of $220,110.84, being $0.015 per share . The Transaction was [...]
Newmont Corp. today announces the commissioning of its first battery-electric large mining truck at the Cripple Creek and Victor mine in Teller County, Colorado, U.S. The vehicle, dubbed the Early Learner Cat® 793 XE, is an important milestone for Newmont, made possible through its strategic alliance with Caterpillar Inc. This press release [...]
Newmont Corporation today announces its operations in Suriname has been awarded with the United States of America Secretary of State's Award for Corporate Excellence in the Climate Resilience category. This recognition, highlights Newmont's pivotal role in advancing Suriname's economic development and the company's commitment to sustainability and [...]
Newmont Corp. today announces its Cadia operation in Orange, NSW has achieved The Copper Mark and The Molybdenum Mark following an independent assessment, recognising responsible production practices at Australia's largest underground mine. This press release features multimedia. View the full release here [...]
Newmont Corporation today announced third quarter 2024 results and declared a third quarter dividend of $0.25 per share. "In the third quarter, Newmont delivered 2.1 million gold equivalent ounces and generated $760 million in free cash flow from our world-class portfolio," said Tom Palmer, Newmont's President and Chief Executive Officer. "We [...]
Newmont Corp. and MKS PAMP partner to offer consumers a traceable gold bar exclusively made with Newmont-mined gold, refined and minted by MKS PAMP in Switzerland - powered by Provenance™. The mine-to-market traceable PAMP 1oz Lady of Liberty gold bar is available at the largest U.S. wholesaler, making owning gold an accessible option for [...]
Newmont Corp. has announced today it will sell its Akyem operation in the Republic of Ghana to Zijin Mining Group Co. Ltd.. under a definitive agreement, for cash consideration of up to $1 billion. The sale is part of Newmont's ongoing program to divest non-core assets as the Company makes a strategic shift to focus on its Tier 1 assets. Under the [...]
Newmont Corp. will release its third quarter 2024 operations and financial results after market close on Wednesday, October 23, 2024, and will hold a conference call to discuss results on Thursday, October 24, 2024 at 11:00 a.m. Eastern Daylight Time . Conference Call Details Dial-In Number 833.470.1428 Intl Dial-In Number 404.975.48391 Dial-in [...]
Newmont Corp. announces today, as part of its ongoing program to divest non-core assets, it has agreed to sell the Telfer operation, Newmont's 70% interest in the Havieron gold-copper project , and other related interests in the Paterson region, all in Australia, to Greatland Gold plc . The transaction is expected to close in the fourth quarter of [...]
Newmont Corp. today announces Lori Douglas, Newmont's Head of Productivity for North America, has been honored as one of Paradigm for Parity's Women on the Rise for 2024. This recognition, in acknowledgement of Women's Equality Day, highlights Lori's exceptional leadership, commitment to advancing women in the workplace and continued efforts to [...]
Newmont Corp. announces it is expanding its use of next generation 5G wireless networks to improve safety in underground mining following trial results from its Cadia mine in New South Wales, Australia. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240808438668/en/ The Ericsson Private [...]
