Newmont Corp.

Newmont Mining Corp. (NYSE: NEM) (Newmont or the Company) has appointed experienced miner Andrew Woodley to lead the Company’s North America business beginning on January 2, 2017. Mr. Woodley succeeds Tom Kerr who retired from Newmont after 32 years of distinguished service to the Company. “Andrew is an accomplished operations and [...]

Newmont Mining Corp. (NYSE: NEM) (Newmont or the Company) has completed construction of the Merian gold mine in Suriname on time and more than $150 million or nearly 20 percent below its initial development capital budget. First gold was poured and Newmont declared commercial production on October 1, having achieved sustained average mill [...]

Newmont Mining Corp. (NYSE: NEM) announced it will report third quarter 2016 operations and financial results after the market closes on Wednesday, October 26, 2016. A conference call will be held on Thursday, October 27, 2016 at 10:00 a.m. Eastern Time (8:00 a.m. Mountain Time); it will also be carried on the Company’s website. Conference [...]

Newmont Mining Corp. (NYSE: NEM) (Newmont or the Company) today announced its Indonesian subsidiary PTNNT repaid the remaining $190 million balance under its Revolving Credit Facility due in 2017. Year-to-date, Newmont has reduced its consolidated debt by more than $1.1 billion. “Repayment of the PTNNT Credit Facility is an important step in [...]

For the second year in a row, Newmont Mining Corporation (NYSE: NEM) was ranked by the Dow Jones Sustainability World Index (DJSI World) as the mining industry’s overall leader in sustainability. Newmont’s inclusion on the index also marked the 10th consecutive year the company has been selected for the DJSI World. This year, the DJSI [...]

The State of Nevada (acting through the Department of Wildlife (NDOW) and the Department of Conservation and Natural Resources (NDCNR)) and the U.S. Department of the Interior (acting through the Fish and Wildlife Service (FWS) and the Bureau of Land Management (BLM)) today announced an agreement with Newmont Mining Corp. on a sagebrush ecosystem [...]

Newmont Mining Corp. (NYSE: NEM) (Newmont or the Company) today announced it paid the remaining $275 million balance under the Company’s Term Loan due in 2019 (the Term Loan). Early repayment of the Term Loan results in a lower overall corporate debt position and reduced cash interest expense. Year-to-date, Newmont has reduced its [...]

Newmont Mining Corp. (NYSE:NEM) (Newmont or the Company) announced second quarter results. Net income: Reported GAAP net income attributable to shareholders from continuing operations of $50 million, or $0.09 per share, compared to $63 million, or $0.13 per share in the prior year quarter; achieved adjusted net income1 of $231 million, or $0.44 [...]

Newmont Mining Corp. (NYSE: NEM) (Newmont or the Company) announced its Board of Directors declared a quarterly dividend of $0.025 per share of common stock, payable on September 29, 2016, to holders of record at the close of business on September 15, 2016. Newmont's gold price-linked dividend policy includes a quarterly dividend payable based on [...]

Newmont Mining Corp. (NYSE: NEM) (Newmont or the Company) has entered into a binding share sale and purchase agreement with PT Amman Mineral Internasional (PT AMI) to sell its interests in PT Newmont Nusa Tenggara (PTNNT), which operates the Batu Hijau copper and gold mine in Indonesia. The total consideration is $1.3 billion for Newmont’s [...]