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 [...]
Newmont Mining Corporation and Goldcorp Inc. today announced that Goldcorp has obtained an interim order from the Ontario Superior Court of Justice in connection with the previously announced statutory arrangement for the acquisition by Newmont of all of the issued and outstanding common shares of Goldcorp in exchange for 0.3280 of a share of [...]
Newmont Mining Corp. announced full year and fourth quarter 2018 results. Full Year 2018 Summary Net income: Delivered GAAP net income from continuing operations attributable to stockholders of $280 million or $0.53 per diluted share; delivered adjusted net income1 of $718 million or $1.34 per diluted share, down $0.11 compared to the prior year [...]
Newmont Mining Corp. reported gold Reserves of 65.4 million attributable ounces for 2018 compared to 68.5 million ounces at the end of 2017. New additions of 6.7 million ounces exceeded the Company’s target, but were offset by negative revisions of 3.6 million ounces and depletion of 6.1 million ounces. Gold Resources1 increased significantly [...]
Newmont Mining Corp. announced that its Board of Directors declared a quarterly dividend of $0.14 per share of common stock, payable on March 21, 2019, to holders of record at the close of business on March 7, 2019. The declaration and payment of future quarterly dividends remains at the discretion of the Board of Directors and will depend on the [...]
Newmont Mining Corporation today announced that the Canadian Competition Bureau issued a “no action” letter clearing Newmont’s previously announced transaction with Goldcorp Inc. under Canadian competition law. Newmont continues to cooperate with other regulatory agencies regarding additional approvals that are conditions to [...]
Newmont Mining Corporation today announced that Rob Atkinson will succeed Tom Palmer as Executive Vice President and Chief Operating Officer, effective June 1, 2019. Tom Palmer, currently President and Chief Operating Officer, will remain President until he succeeds Gary Goldberg to become President and Chief Executive Officer. Last month, Newmont [...]
World-class portfolio of assets to support sustainable, profitable gold production over long-term horizon Newmont Mining Corp. and Goldcorp Inc. today announced they have entered into a definitive agreement in which Newmont will acquire all of the outstanding common shares of Goldcorp in a stock-for-stock transaction valued at $10 billion. Under [...]
Newmont Mining Corporation and Goldcorp Inc. today announced they have entered into a definitive agreement in which Newmont will acquire all of the outstanding common shares of Goldcorp in a stock-for-stock transaction valued at $10 billion. Under the terms of the agreement, Newmont will acquire each Goldcorp share for 0.3280 of a Newmont share [...]
Newmont Mining Corp. announced it will report full year and fourth quarter 2018 operations and financial results before the market opens on Thursday, February 21, 2019 and will hold a conference call at 10:00 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 [...]
Newmont Mining Corp. announced its 2019 outlook1 with attributable gold production guidance of 5.2 million ounces at AISC2 of $935 per ounce. Highlights Gold costs applicable to sales : CAS guidance is $710 per ounce for 2019 and $750 per ounce for 2020; CAS is expected to be between $690 and $740 per ounce longer-term through 2023. Gold all-in [...]
Newmont Mining Corp. announced it has changed the release date of its 2019 guidance and updated longer term outlook to Thursday, December 6, 2018 in observance of the National Day of Mourning for President George H. W. Bush and closure of U.S. financial markets. The Company will hold a conference call at 10:00 a.m. Eastern Time the same day. The [...]