Newmont Corp. announced today the early results of the previously announced offers to purchase for cash up to the applicable Maximum Principal Tender Amount set forth in the table below of the 3.500% Senior Notes due 2022 issued by Newmont, the 3.700% Notes due 2023 issued by Newmont and the 3.700% Notes due 2023 issued by Goldcorp Inc., a wholly-owned subsidiary of Newmont . In addition, Newmont announced today the [...]
Newmont Corp. announced today that Coronavirus-related government restrictions in Peru will require safely ramping down mining operations at Yanacocha while gold production from leach pads and managing critical safety and environmental activities will continue. Yanacocha has been operating normally since the beginning of the year and represents approximately three percent of the Company’s 2020 attributable gold [...]
Newmont Corp. announced today that its Board of Directors plans to reduce the number of Directors from 15 to 11, effective following the Annual Meeting of Stockholders on April 21, 2020, with the completion of the Goldcorp integration. The Corporate Governance and Nominating Committee and the Board determined that reducing the size of the Board strikes the right balance between promoting robust dialogue and accountability [...]
Newmont Corp. today announced it successfully completed the sale of its 19.9 percent equity stake and convertible bond in Continental Gold Inc. for $260 million in cash. The sale was part of a contractual arrangement to support Zijin Mining Group’s acquisition of Continental. “Selling our Continental stake into a strong bid allowed us to generate $260 million in cash that will support our disciplined approach [...]
Newmont Corp. announced today the pricing of its public offering of $1 billion aggregate principal amount of 2.250% senior notes due 2030 . Subject to customary conditions, the offering is expected to close on March 18, 2020. The offering is being made pursuant to the Company’s shelf registration statement filed with the Securities and Exchange Commission. The Notes will be senior unsecured obligations of the [...]
Newmont Corp. announced today that it has commenced offers to purchase for cash up to the applicable Maximum Principal Tender Amount set forth in the table below of the 3.500% Senior Notes due 2022 issued by Newmont , the 3.700% Notes due 2023 issued by Newmont and the 3.700% Notes due 2023 issued by Goldcorp Inc., a wholly-owned subsidiary of Newmont . The Tender Offers are being made pursuant to the terms and subject to [...]
Newmont Corp. announced today its intention to offer, subject to market and other conditions, senior unsecured notes pursuant to the Company’s shelf registration statement filed with the Securities and Exchange Commission. The notes will be guaranteed on a senior unsecured basis by the Company’s subsidiary Newmont USA Limited. The Company intends to use the net proceeds of this offering, supplemented with cash [...]
Newmont Corp. announced today that on February 14, 2020, 9,000,000 warrants of Mawson Resources Ltd. held by Goldcorp Inc. , its wholly-owned subsidiary, expired in accordance with their terms , and February 29, 2020, 8,480,000 warrants of Colorado Resources Ltd. held by Goldcorp expired in accordance with their terms . Each Mawson Warrant was exercisable for one common share of Mawson and each Colorado Warrant was [...]
BatteryOne Royalty Corp. is pleased to announce that it has sold 11,693,172 special warrants for aggregate gross proceeds of C$5,846,586 by way of non-brokered private placement . Alex Tsukernik, President and Chief Executive Officer of BatteryOne commented: "We are very pleased to see the strong investor demand on the financing and positive response to our acquisition of the NuevaUnion royalty. This transaction now [...]
Newmont Corp.’s President and Chief Executive Officer, Tom Palmer, will present at the BMO Capital Markets 29th Global Metals and Mining Conference on Monday, February 24, 2020 at 10:00 a.m. Eastern Time, . The presentation will be broadcast via webcast on the Company’s website. Webcast Details Title: Newmont 2020 BMO Global Metals and Mining Presentation URL [...]
Assembled industry-leading portfolio of assets with the deepest project pipeline in top-tier jurisdictions after successfully completing two historic transactions Produced 6.3 million attributable ounces of gold* and reported CAS* of $721 per ounce and AISC* of $966 per ounce, in line with the Companys full year guidance Delivered $2.9 billion of GAAP net income and adjusted EBITDA* of $3.7 billion Generated $2.9 billion [...]
Newmont Corp. announced today that its Board of Directors unanimously approved investment in an Autonomous Haulage System at Boddington in Australia to enhance safety and productivity, while also extending mine life. Once fully operational in 2021, Boddington will be the world’s first open pit gold mine with an autonomous haul truck fleet. This press release features multimedia. View the full release here [...]