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 [...]
Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) announced today that the Company has sold its 5.4 percent equity interest in ASX-listed Paladin Energy Ltd. through a block sale agreement with UBS Australia. The Companys ownership interest in Paladin was established through its acquisition of Fronteer Gold in 2011. The sale [...]
Newmont Mining today reported fourth quarter and full year 2013 financial and operating results and a three-year outlook. “In 2013, we generated $1.6 billion of operating cash flow from strong results despite the challenging gold price environment. I am proud of how our team delivered nearly $1.0 billion in cost and efficiency improvements during [...]
Newmont Mining Corporation (NYSE: NEM) (“Newmont” or the “Company”) announced today that it has received commitments from several banks for a five-year, unsecured, amortizing term loan of $575 million. The term loan provides for a single, delayed draw-down through July 1, 2014, and is intended to repay the $575 million of convertible debt maturing [...]
Newmont Mining Corporation (NYSE: NEM) (“Newmont” or the “Company”) announced its Board of Directors declared a quarterly dividend of $0.15 per share of common stock, payable on March 27, 2014, to holders of record at the close of business on March 13, 2014. The first quarter 2014 dividend is based on Newmont’s gold price-linked policy and based on [...]
TORONTO, Feb. 18, 2014 /CNW/ - Newmont Mining Corp. of Canada Limited (the "Company") (TSX: NMC), a subsidiary of Newmont Mining Corp. ("Newmont") (NYSE: "NEM"), today announced the completion of the previously announced redemption of all of its outstanding exchangeable shares (other than those held by Newmont and its affiliates). In accordance [...]
Newmont Mining Corp. (NYSE: NEM) (Newmont or the Company) announced it successfully completed the sale of its Midas operation in Nevada to Klondex Mines Ltd. (TSX: KDX) (Klondex) for total consideration in excess of $83 million. This transaction demonstrates our commitment to divest non-core assets and focus on improving financial [...]
Newmont Mining Corp. (NYSE: NEM) (Newmont or the Company) today announced preliminary 2013 operating results, which came in at the high end of production forecasts for the year. The Company also announced its 2014 outlook, and is projecting stable gold production, increased copper production, and continued capital and overhead reductions this [...]
Newmont Mining Corp. (NYSE: NEM) (Newmont or the Company) today provided an update on export issues pertaining to PT Newmont Nusa Tenggara (PTNNT), which operates the Batu Hijau copper and gold mine on the island of Sumbawa in Indonesia. Although Indonesian government officials have informed PTNNT that the ban on copper concentrate exports [...]
Newmont Mining Corp. (NYSE: NEM) announced it will report fourth quarter and full year 2013 results after the market closes on Thursday, February 20, 2014. A conference call will be held on Friday, February 21, 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 [...]
TORONTO, Dec. 20, 2013 /CNW/ - Newmont Mining Corp. of Canada Limited (the "Company") (TSX: NMC), a subsidiary of Newmont Mining Corporation ("Newmont") (NYSE: "NEM"), today announced that it has set February 18, 2014 as the redemption date (the "Redemption Date") for the previously announced redemption of all of its outstanding exchangeable shares [...]