Goldcorp Inc. announced today that Newmont Mining Corp. has been granted clearance by the Comisión Federal de Competencia Económica with respect to its pending acquisition of Goldcorp, as previously announced on January 14, 2019. Goldcorp will be holding a special meeting of shareholders on April 4, 2019. The purpose of the meeting is [...]
Newmont Mining Corporation today announced that its Board of Directors declared a one-time special dividend of $0.88 per share of common stock, conditional upon approval of the Goldcorp Inc. transaction. The dividend will be paid to Newmont shareholders of record as of April 17, 2019 , which is prior to closing of the proposed Newmont Goldcorp [...]
- Potential Synergies Are Transferred Solely to Goldcorp Shareholders Through Unjustified $1.5 Billion Premium - Goldcorp Receives Second Premium By Sharing Nevada JV Synergies - Deal Is Dilutive To Newmont Shareholders - Would Reconsider at Terms that will Generate Value for Newmont Shareholders Paulson & Co. Inc. , a holder of 14.2 million [...]
Newmont Mining Corporation today announced that, in connection with the anticipated combination of Newmont and Goldcorp Inc. , Newmont has commenced offers to exchange any and all outstanding notes issued by Goldcorp for up to $2,000,000,000 aggregate principal amount of new notes to be issued by Newmont and cash, in each case, as set forth in the [...]
Newmont Mining Corporation today announced that the Tanami Power Project in Australia was completed safely and on schedule. The project included the installation of two power stations, a 66kV interconnected power line, and a 275 mile natural gas pipeline. The pipeline was built and will be maintained by Australian Gas Infrastructure Group, while [...]
Newmont Mining Corporation today announced a special shareholder meeting and filed its definitive proxy in connection with the Company’s previously announced combination with Goldcorp Inc. . Newmont notified shareholders that the special shareholder meeting will take place on April 11, 2019. Shareholders will be asked to vote on, among other [...]
Barrick Gold Corp. and Newmont Mining Corporation said today that the two companies have signed an implementation agreement to create a joint venture combining their respective mining operations, assets, reserves, and talent in Nevada. The joint venture is an historic accord between the two gold mining companies, which have operated independently [...]
Newmont Mining Corporation today announced that its Board of Directors has unanimously determined that Barrick Gold Corp.’s unsolicited, all-stock negative premium proposal to acquire Newmont is not in the best interests of Newmont’s shareholders. After a comprehensive review conducted in consultation with its financial and legal [...]
Newmont Mining Corporation and Goldcorp Inc. today announced that the government of Korea, through the Korea Fair Trade Commission, issued a letter stating that the proposed combination of the two companies is not in violation of Article 7 of the Monopoly Regulations and Fair Trade Act, thereby clearing the previously announced transaction to [...]
Newmont Mining Corporation confirmed today that it has received an acquisition proposal from Barrick Gold Corporation proposing an all-stock merger with Newmont, at a negative premium based on market prices as of the close of business on February 22, 2019. The transaction proposal is conditional on Newmont not proceeding with its proposed [...]
Newmont Mining Corporation’s Chief Executive Officer, Gary Goldberg, will present at the BMO Capital Markets 28th Annual Global Metals & Mining Conference on Monday, February 25, 2019 at 10:30 a.m. Eastern Time . The presentation will be broadcast via webcast on the Company’s website. Webcast Details Title: Newmont Mining 2019 BMO [...]
Newmont Mining Corporation today announced that it has received from a subsidiary of Barrick Gold Corporation notice of intent to make two shareholder proposals for consideration at Newmont’s next annual meeting of stockholders. The proposals, if made, would be to amend Newmont’s by-laws to lower the share ownership threshold necessary [...]
