Newmont announced that S&P Global Ratings has upgraded Newmont's issuer credit rating to BBB+ from BBB with a stable outlook. The upgrade is supported by Newmont's balance sheet strength and disciplined capital allocation priorities, in addition to higher future production and improving costs. The upgrade from S&P follows Newmont's issuance of the [...]
Today QuestEx Gold & Copper Ltd. and Skeena Resources Ltd. announced that they had entered into an arrangement agreement, pursuant to which Skeena will acquire all of the issued and outstanding common shares of QuestEx on the terms and subject to the conditions set out in the plan of arrangement attached to the Arrangement Agreement. Concurrently [...]
Newmont Corp. announced that it has entered into a definitive agreement with Skeena Resources Ltd. to acquire certain properties located in Tahltan Territory in BC conditional upon the successful completion of Skeena's proposed acquisition of QuestEx Gold & Copper Ltd. Newmont will work in collaboration with the Tahltan Nation, the Iskut community [...]
Today, Newmont Corp. announced that the Governments of Yukon and Canada, after consultation with Yukon First Nations, have jointly accepted the recommendation the Coffee Gold Project be allowed to proceed by the Yukon Environmental Socioeconomic Assessment Board's . "Newmont is pleased that the Federal and Territorial Governments and our First [...]
Newmont Corporation reported gold Mineral Reserves of 92.8 million attributable ounces for 2021 compared to the Company's 94.2 million ounces at the end of 2020. Newmont has significant upside to other metals, including more than 15 billion pounds of copper reserves and nearly 600 million ounces of silver reserves. In addition, reserves and [...]
Newmont Corporation today announced full year and fourth quarter 2021 results. 2021 HIGHLIGHTS Produced 6.0 million attributable ounces of gold and 1.3 million attributable gold equivalent ounces of co-products; reported gold CAS* of $785 per ounce and gold AISC* of $1,062 per ounce; met updated full-year 2021 guidance Generated $4.3 billion of [...]
Newmont Corp. today announced that its Board of Directors declared a dividend of $0.55 per share of common stock for the fourth quarter of 2021, payable on March 24, 2022 to holders of record at the close of business on March 10, 2022. The declaration and payment of future quarterly dividends remains at the discretion of the Board of Directors and [...]
Newmont Corp. and Compañia de Minas Buenaventura S.A.A. announced that the companies have entered into a definitive purchase agreement through which Newmont will acquire Buenaventura's 43.65% interest in Minera Yanacocha. "Newmont has successfully operated in Peru for more than 30 years and has deep knowledge of the asset and the value it brings to [...]
Newmont Corp. , the world's leading gold company has been recognized as one of FORTUNE magazine's World's Most Admired Companies. The in-depth annual global survey of more than 3,800 executives, directors and securities analysts identifies companies that have the strongest reputations within their industries. Newmont had strong scores in the areas [...]
Newmont Corp. has announced an agreement with the Yukon Department of Energy, Mines and Resources to relinquish 1,835 quartz mining claims, representing 88,707.5 net mineral acres, in support of Canada's, the Yukon government's and First Nations' efforts to maintain environmentally sensitive areas associated with the Peel Watershed Regional Land [...]
Newmont Corp. today announced it will report full year and fourth quarter 2021 operations and financial results before the market opens on Thursday, February 24, 2022, and will hold a conference call at 10 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 Corp. announced today that it has received aggregate net proceeds of approximately $992 million, after deducting underwriting discounts , upon the closing of its registered public offering of $1 billion aggregate principal amount of 2.600% Sustainability-Linked Senior Notes due 2032. Newmont is the first in the mining industry to issue a [...]