Newmont Mining Corp (NEM) Key Developments | Reuters.com
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Newmont Mining Corp (NEM)

NEM on New York Consolidated

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Latest Key Developments (Source: Significant Developments)

Revelo establishes JV in Chile for Montezuma Project
Tuesday, 17 May 2016 08:45am EDT 

Revelo Resources : Chilean subsidiary established a Chilean joint venture company with subsidiary of Newmont Mining Corporation . Says Newmont has indicated that it plans to start drill testing of key anomalies on about 45,285-hectare Montezuma Project in Q3 2016 . JV is currently owned 51 pct by Newmont and 49 pct by Revelo, but Newmont has elected to pursue a further 14 pct (to 65 pct) in JV company .Revelo establishes company with JV partner in Chile for Montezuma project.  Full Article

Newmont Mining Corp investigates some activities outside of U.S.-filing - Reuters News
Thursday, 21 Apr 2016 03:41am EDT 

Newmont Mining Corp:Newmont Mining Corp is conducting an investigation into certain business activities of the company, its affiliates and contractors in countries outside the United States, the miner said in a filing with the U.S. Securities and Exchange Commission (SEC) on Wednesday - RTRS.Colorado-based Newmont said the investigation includes a review of compliance with the requirements of the U.S. Foreign Corrupt Practices Act.It is working with the SEC and the U.S. Department of Justice on the investigation, it said.  Full Article

Newmont Mining Corporation declares quarterly dividend
Tuesday, 19 Apr 2016 04:21pm EDT 

Newmont Mining Corporation:Declared a quarterly dividend of $0.025 per share of common stock, payable on June 23, 2016, to holders of record at the close of business on June 9, 2016.  Full Article

Newmont Mining Corporation sells stake in Regis for US$182 Million
Thursday, 10 Mar 2016 05:36pm EST 

Newmont Mining Corporation:Has closed the sale of its 19.45 percent equity stake in Regis Resources Ltd. for total net proceeds of US$182 million.  Full Article

Newmont Mining Corp completes sale of Waihi Operations in New Zealand
Thursday, 29 Oct 2015 04:36pm EDT 

Newmont Mining Corp:Completed the sale of Newmont Waihi Gold Limited in New Zealand to OceanaGold Corporation, receiving cash proceeds of US$101 million.Sale agreement also includes a US$5 million contingent payment and a one percent Net Smelter Royalty on a recent discovery north of Waihi's current operations.  Full Article

Newmont Mining Corp reaffirms FY 2015 gold and copper production guidance
Wednesday, 28 Oct 2015 04:30pm EDT 

Newmont Mining Corp:Says FY 2015 gold production guidance is unchanged as better than expected production at Boddington and Akyem offset lower production at CC&V due to a slower mill ramp-up.Says FY 2015 outlook for copper production remains unchanged.  Full Article

Newmont Mining Corp declares quarterly dividend of $0.025 per share
Tuesday, 27 Oct 2015 07:55pm EDT 

Newmont Mining Corp:Declared a quarterly dividend of $0.025 per share of common stock.Payable on Dec. 28, to holders of record at the close of business on Dec. 11.  Full Article

Newmont Mining Corp announces sale of equity stake in Valcambi gold refinery
Monday, 27 Jul 2015 02:01am EDT 

Newmont Mining Corp:Announced sale of equity stake in Valcambi gold refinery in Switzerland to a subsidiary of Rajesh Exports Ltd.Total net proceeds of $119 million.  Full Article

Newmont Mining Corp raises FY 2015, FY 2017 production outlook
Wednesday, 22 Jul 2015 04:19pm EDT 

Newmont Mining Corp:Says Attributable gold production is expected to increase from between 4.7 and 5.1 million ounces in FY 2015 to between 5.2 and 5.5 million ounces by FY 2017.Says expected attributable gold production is up 3% from prior guidance primarily due to the inclusion of CC&V as well as improved productivity and mill utilization at Tanami and higher production at Batu Hijau.Says Attributable copper production outlook for FY 2015 is also up roughly 10% from prior guidance due to improved grade and face position at Batu Hijau.  Full Article

Newmont Mining Corp declares quarterly dividend of $0.025 per share
Tuesday, 21 Jul 2015 07:00pm EDT 

Newmont Mining Corp:Declared quarterly dividend of $0.025 per share of common stock, payable on Sept. 24 to holders of record at the close of business on Sept. 10.  Full Article

UPDATE 1-Indonesia renews Newmont Mining's copper export licence for six months

JAKARTA, May 24 Indonesia's mining ministry recommended renewing the export licence for the local unit of U.S. copper and gold miner Newmont Mining Corp to export copper concentrate for the next six months, a ministry official said on Tuesday.