Newmont Mining Corporation (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 26, 2014, to holders of record at the close of business on September 11, 2014. The third quarter 2014 dividend is based on the average London P.M. Fix of $1,288 [...]
Newmont Mining Corp. (NYSE: NEM) (Newmont or the Company) today announced it completed the sale of its Jundee underground gold mine in Australia to Northern Star Resources Ltd. (Northern Star), for total proceeds of approximately US$91 million. We are pleased to have completed the sale of Jundee as part of our ongoing effort to increase [...]
Newmont Mining Corp. (NYSE: NEM) announced it will report second quarter 2014 operations and financial results after the market closes on Tuesday, July 29, 2014. A conference call will be held on Wednesday, July 30, 2014 at 10:00 a.m. Eastern Time (8:00 a.m. Mountain Time); it will also be carried on the Companys website. Conference Call Details [...]
Newmont Mining Corp. (NYSE: NEM) (Newmont or the Company) announced it has entered into a binding agreement with Northern Star Resources Limited (Northern Star) to sell the Jundee underground gold mine in Australia for total proceeds of approximately US$91 million, comprised of cash at closing of approximately US$77 million plus a further [...]
Newmont Mining released results of the Company’s Annual Meeting of Stockholders held on April 23, 2014. The following matters were voted upon at the meeting: (1) the election of Directors; (2) the ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent auditors for 2014; (3) the advisory vote on the compensation [...]
In response to the most recent press release issued by Barrick Gold Corporation (NYSE: ABX)(TSX: ABX), Newmont Mining Corp. (NYSE: NEM) confirms that the two companies had settled a preliminary draft summary of indicative terms for discussion purposes. Newmont did not renege and strongly disagrees with Barricks characterization of events that [...]
In response to the press release issued this morning by Barrick Gold Corporation (NYSE:ABX)(TSX:ABX), Newmont Mining Corp. (NYSE:NEM) today released the following letter it sent last week to the Board of Directors of Barrick: April 25, 2014 Board of DirectorsBarrick Gold Corp.Brookfield PlaceTD Canada Trust Tower161 Bay Street, Suite 3700Toronto, Canada M5J 2S1 Attention: John L. Thornton, Co-Chairman Directors: Over the past number of months, our two companies have been working hard to find a basis on which we could merge and realize their combined strengths. While we were hopeful that we could achieve that goal, it has become evident to us over the past several weeks that the type of constru... [...]
Newmont Mining Corp. (NYSE: NEM) (Newmont or the Company) today reported first quarter 2014 financial and operating results. We are building on the momentum we established in 2013 with strong cost and production performance in the first quarter of 2014, said Gary Goldberg, President and Chief Executive Officer. Our team drove down all-in [...]
Newmont Mining Corporation announced its Board of Directors declared a quarterly dividend of $0.025 per share of common stock, payable on June 26, 2014, to holders of record at the close of business on June 12, 2014. The second quarter 2014 dividend is based on the average London P.M. Fix of $1,293 per ounce for the first quarter 2014. As [...]
Newmont Mining Corp. (NYSE: NEM) today published its 2013 sustainability report, Beyond the Mine. The report reflects Newmonts reporting obligations as a founding member of the International Council of Mining and Metals (ICMM) as well as its commitments under the Voluntary Principles on Security and Human Rights (VPSHR), the United Nations Global [...]
Newmont Mining Corp. (NYSE: NEM) (Newmont or the Company) announced today the close of its previously announced five-year, amortizing term loan of $575 million. The term loan provides for a single, delayed drawdown through July 15, 2014, with a maturity date five years from drawdown. The loan is intended to repay the $575 million of convertible [...]
Newmont Mining Corp. (NYSE: NEM) announced it will report first quarter 2014 operations and financial results after the market closes on Thursday, April 24, 2014. A conference call will be held on Friday, April 25, 2014 at 10:00 a.m. Eastern Time (8:00 a.m. Mountain Time); it will also be carried on the Companys website. Conference Call [...]