NEWMONT


Associated tags: Lead, Copper, Silver, Gold, Zinc, Mining, Minerals, Natural Resources, NYSE, NEM, TSX, NGT, Corporation, Newmont

Locations: AFRICA, SOUTH AMERICA, EUROPE, ASIA PACIFIC, PAPUA NEW GUINEA, TORONTO, ON, CARIBBEAN, LATIN AMERICA, IRELAND, UNITED KINGDOM, SCOTLAND, UNITED STATES, GHANA, AUSTRALIA/OCEANIA, AUSTRALIA, SURINAME, PERU, NORTH AMERICA, CANADA, COLORADO, QUEBEC

Newmont Appoints Mining Industry Veteran Francois Hardy as Chief Technology Officer

Retrieved on: 
Friday, April 19, 2024

Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today announced the appointment of Francois Hardy as Chief Technology Officer (CTO).

Key Points: 
  • Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today announced the appointment of Francois Hardy as Chief Technology Officer (CTO).
  • View the full release here: https://www.businesswire.com/news/home/20240419973025/en/
    Newmont Appoints Mining Industry Veteran Francois Hardy as Chief Technology Officer (Photo: Business Wire)
    Francois will take over from interim CTO, Dean Gehring , who also served in a dual role as Newmont’s Chief Integration Officer.
  • Francois brings more than 30 years of technical and operational experience in mining to the role.
  • Francois will be based at Newmont’s headquarters in Denver and will assume his new role as of May 1, 2024.

Newmont Publishes 2023 Sustainability Report and 2023 Tax & Royalties Report

Retrieved on: 
Thursday, April 18, 2024

Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today published its 2023 Sustainability Report and its 2023 Taxes and Royalties Contributions Report .

Key Points: 
  • Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today published its 2023 Sustainability Report and its 2023 Taxes and Royalties Contributions Report .
  • This year marks the 20th anniversary for Newmont’s Annual Sustainability Report, representing a milestone for the company as a longstanding industry leader in sustainability.
  • View the full release here: https://www.businesswire.com/news/home/20240417961090/en/
    Newmont's 2023 Sustainability Report (Graphic: Business Wire)
    "Our 2023 Sustainability Report demonstrates our unwavering commitment to responsible resource management and the integral role that Newmont plays in creating a more sustainable future," said Newmont Chief Safety and Sustainability Officer Suzy Retallack.
  • Highlights of Newmont’s 2023 Taxes and Royalties Contribution Report:
    Our strong sustainability focus also delivered significant economic benefits for our stakeholders, as detailed in our third annual Taxes and Royalties Contribution Report .

Newmont Announces First Quarter 2024 Earnings Conference Call

Retrieved on: 
Friday, April 12, 2024

Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today announced that it will release first quarter 2024 operations and financial results on Thursday, April 25, 2024.

Key Points: 
  • Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today announced that it will release first quarter 2024 operations and financial results on Thursday, April 25, 2024.
  • Newmont will hold a conference call at 11:00 a.m. Eastern Daylight Time (9:00 a.m. Mountain Daylight Time), the same day, which will be available on the Company’s website.

Newmont Completes $20 Million Global Community Support Fund, Partnering with Communities for Greater Resilience Post-Pandemic

Retrieved on: 
Friday, April 5, 2024

The objective of this fund was to provide critical financial resources to host communities where Newmont operates, targeting funds to address immediate impacts of the global pandemic while catalyzing long-term resiliency and future community development.

Key Points: 
  • The objective of this fund was to provide critical financial resources to host communities where Newmont operates, targeting funds to address immediate impacts of the global pandemic while catalyzing long-term resiliency and future community development.
  • $500,000 donation matched by the Colorado Health Foundation resulting in a $1 million total donation to the Colorado Community Support Fund to support community health and prevention for underserved populations in the state.
  • $300,000 donated to the American Red Cross Global Disaster Preparedness Center to support research and local-level grants for emergency response community resilience.
  • Crown Agents is proud to collaborate with Newmont and the Ministry of Health to contribute to the health and resilience of Suriname."

Newmont Announces Pricing of Notes to Repay Outstanding Borrowings Under Revolving Credit Facility

Retrieved on: 
Monday, March 4, 2024

The Notes will be guaranteed on an unsecured senior basis by Newmont USA Limited, a wholly owned subsidiary of Newmont.

Key Points: 
  • The Notes will be guaranteed on an unsecured senior basis by Newmont USA Limited, a wholly owned subsidiary of Newmont.
  • Subject to customary closing conditions, the Offering is expected to close on March 7, 2024.
  • The Issuers intend to use a portion of the net proceeds from the Offering to repay all outstanding borrowings under the Company’s revolving credit facility, with the remaining proceeds for general corporate purposes.
  • The Company previously used borrowings under its revolving credit facility, along with cash on hand, to repay approximately US$1.9 billion aggregate principal amount of bilateral credit debt acquired by Newmont as part of its acquisition of Newcrest Mining Limited.

Newmont Announces Offering of Notes to Repay Outstanding Borrowings Under Revolving Credit Facility

Retrieved on: 
Monday, March 4, 2024

Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (“Newmont” or the “Company”) and Newcrest Finance Pty Limited, a wholly owned subsidiary of Newmont (“Newcrest Finance” and, together with Newmont, the “Issuers”) announced today that they have commenced a private offering (the “Offering”) of their notes due 2026 and notes due 2034 (together, the “Notes”).

Key Points: 
  • Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (“Newmont” or the “Company”) and Newcrest Finance Pty Limited, a wholly owned subsidiary of Newmont (“Newcrest Finance” and, together with Newmont, the “Issuers”) announced today that they have commenced a private offering (the “Offering”) of their notes due 2026 and notes due 2034 (together, the “Notes”).
  • The Notes will be guaranteed on an unsecured senior basis by Newmont USA Limited, a wholly owned subsidiary of Newmont.
  • The Issuers intend to use a portion of the net proceeds from the Offering to repay all outstanding borrowings under the Company’s revolving credit facility, with the remaining proceeds for general corporate purposes.
  • The Company previously used borrowings under its revolving credit facility, along with cash on hand, to repay approximately US$1.9 billion aggregate principal amount of bilateral credit debt acquired by Newmont as part of its acquisition of Newcrest Mining Limited.

Newmont Announces Balanced Capital Allocation Strategy and Return of Capital Framework Supported by Portfolio of Tier 1 Operations and Projects*

Retrieved on: 
Thursday, February 22, 2024

"Newmont's go-forward portfolio is the new standard for gold and copper mining," said Tom Palmer, Newmont's President and Chief Executive Officer.

Key Points: 
  • "Newmont's go-forward portfolio is the new standard for gold and copper mining," said Tom Palmer, Newmont's President and Chief Executive Officer.
  • It is from this platform that Newmont has established a balanced shareholder return framework, designed to return capital to shareholders through a stable base dividend and share repurchase program.
  • Newmont’s Tier 1 portfolio also includes attributable production from the Company’s equity interest in Lundin Gold (Fruta del Norte).
  • Tier 1 Portfolio cost and capital metrics include the proportional share of the Company’s interest in the Nevada Gold Mines Joint Venture.

Newmont Completes COO Transition

Retrieved on: 
Thursday, February 22, 2024

Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) announces today the completion of its Chief Operating Officer (COO) transition following a five-month handover period.

Key Points: 
  • Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) announces today the completion of its Chief Operating Officer (COO) transition following a five-month handover period.
  • Beginning next week, Rob Atkinson will transition all of his remaining responsibilities to Newmont’s new COO, Natascha Viljoen .
  • He will then officially step down from the Newmont Executive Leadership Team, effective May 2, 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240222459918/en/
    “Rob Atkinson has played a pivotal leadership role in Newmont in recent years.