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Newmont Mining Corp (NEM)

NEM on New York Consolidated

34.39USD
21 Jul 2017
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Latest Key Developments (Source: Significant Developments)

Evrim Resources signs two-year exploration agreement with a unit of Newmont Mining
Monday, 17 Jul 2017 07:00am EDT 

July 17 (Reuters) - Evrim Resources Corp ::Evrim Resources Corp says signing of a two-year exploration alliance agreement with a wholly-owned subsidiary of Newmont Mining Corp.Evrim Resources Corp says Evrim and Newmont will co-fund us$1.8 million exploration program through a respective 30:70 funding allocation.  Full Article

Newmont USA receives a verbal order by an MSHA inspector
Tuesday, 20 Jun 2017 05:08pm EDT 

June 20 (Reuters) - Newmont Mining Corp :Newmont Mining Corp - on June 14, Newmont USA received a verbal order by an MSHA inspector - SEC filing.Newmont - verbal order stating an employee observed working directly below material built up on framework of surface stacker in Leeville mine conveyor belt area.Newmont Mining Corp - company also requested a review of order, which resulted in MSHA formally vacating order on June 19, 2017.Newmont - conditions cited in order did not result in accidents or injury and had no material adverse impact on company's operations at Leeville mine.  Full Article

Polymet Mining Corp appoints Patrick Keenan Chief Financial Officer
Thursday, 15 Jun 2017 04:41pm EDT 

June 15 (Reuters) - Polymet Mining Corp ::Polymet strengthens finance team; Patrick Keenan appointed Chief Financial Officer; Douglas Newby to focus on project finance.Polymet Mining Corp - newby will continue to advise company as president of proteus capital.Polymet Mining Corp - Keenan succeeds Douglas Newby, who has served as CFO.Polymet Mining Corp - Keenan most recently served as senior vice president finance and treasurer at Newmont.  Full Article

Newmont Mining amends credit agreement
Friday, 26 May 2017 05:14pm EDT 

May 26 (Reuters) - Newmont Mining Corp :Newmont mining- on may 25 entered amendment and restatement agreement to its existing credit agreement dated as of may 20, 2011 - sec filing.Newmont mining- amendment,restatement agreement restates credit agreement to extend maturity date of credit agreement from may 3, 2020 to may 25, 2022.Newmont mining corp - in connection with amendment and restatement agreement, newmont usa, reaffirmed guarantee under the credit agreement, as amended.  Full Article

Newmont Mining Corp to invest approximately U.S.$109 mln for 19.9 pct ownership of Continental Gold Inc
Thursday, 11 May 2017 06:02am EDT 

May 11 (Reuters) - Continental Gold Inc : :Newmont Mining Corp- announced an agreement to invest approximately U.S.$109 million for 19.9 percent ownership of Continental Gold Inc.Newmont Mining - agreed to purchase 37.38 million common shares of continental in a non-brokered private placement at a price of C$4.00 per share..Newmont Mining Corp- terms of investment agreement include Newmont's right to participate in future equity issuance to maintain its ownership stake.Newmont Mining Corp- terms of investment agreement include Newmont holding a seat on continental's board of directors.Newmont Mining - terms of agreement include two cos establishing joint technical and sustainability committees and strategic exploration alliance.  Full Article

Newmont Mining reports Q1 GAAP earnings per share $0.13 from continuing operations
Monday, 24 Apr 2017 04:15pm EDT 

April 24 (Reuters) - Newmont Mining Corp :Newmont announces first quarter 2017 results.Q1 revenue $1.7 billion versus I/B/E/S view $1.75 billion.Q1 adjusted earnings per share $0.25.Q1 GAAP earnings per share $0.13 from continuing operations.Q1 earnings per share view $0.22 -- Thomson Reuters I/B/E/S.Newmont Mining Corp says attributable gold production increased nine percent to 1.23 million ounces for quarter.Newmont Mining Corp - attributable gold production guidance for 2017 remains at between 4.9 and 5.4 million ounces.Newmont Mining Corp says attributable copper production from Phoenix and Boddington was unchanged at 13,000 tonnes for quarter.Newmont Mining Corp - qtrly gold aisc was in-line with prior quarter at $900 per ounce.Newmont Mining Corp - attributable gold production guidance for 2018 and longer-term guidance improves to between 4.7 and 5.2 million ounces.Newmont Mining Corp - gold cas guidance remains unchanged at between $700 and $750 per ounce for 2017, between $700 and $800 per ounce for 2018.Newmont Mining Corp - copper aisc improved 17 percent to $1.77 per pound for quarter on improved unit cas..Newmont Mining - gold aisc guidance for 2017 and 2018 is unchanged.Newmont Mining Corp - longer-term aisc guidance is improved to between $870 and $970 per ounce of gold.Newmont Mining - Boddington and Phoenix are expected to produce between 40,000 and 60,000 tonnes of copper per year, unchanged from previous guidance.  Full Article

Newmont adds profitable gold production through expansion of Ahafo in Ghana
Thursday, 20 Apr 2017 09:32am EDT 

April 20 (Reuters) - Newmont Mining Corp :Newmont adds profitable gold production through expansion of Ahafo in Ghana.Newmont Mining Corp - Mill expansion is expected to improve margins and support profitable production at Ahafo through at least 2029.Newmont Mining - Plans to extend production at its ahafo operations by building new underground mine and expanding plant capacity by more than 50 percent.  Full Article

Newmont Mining Corp declares quarterly dividend $0.05 per share
Wednesday, 19 Apr 2017 04:05pm EDT 

April 19 (Reuters) - Newmont Mining Corp -:Newmont Mining Corp - declared a quarterly dividend of $0.05 per share of common stock, dividend is double the dividend paid in prior year quarter.  Full Article

Newmont reports Q4 gaap loss per share $0.73
Tuesday, 21 Feb 2017 04:20pm EST 

Newmont Mining Corp - : Newmont announces full year and fourth quarter 2016 results . Q4 adjusted earnings per share $0.25 . Q4 gaap loss per share $0.73 from continuing operations . Q4 gaap loss per share $0.73 . Q4 earnings per share view $0.33 -- Thomson Reuters I/B/E/S . Newmont Mining Corp - total capital is expected to be between $800 and $900 million in 2017 . Newmont Mining Corp - attributable gold production expected to increase to between 4.9 and 5.4 million ounces in 2017 . Newmont Mining Corp says gold cas totaled $3.5 billion for year and $976 million for quarter . Newmont Mining Corp - outlook for gold cas is expected to be between $700 and $750 per ounce in 2017 and between $700 and $800 per ounce in 2018 . Newmont Mining - 2017 sustaining capital outlook of between $600 and $700 million represents a 24 percent reduction from previously published guidance . Newmont Mining Corp says gold cas per ounce rose three percent to $682 per ounce for year and five percent to $681 per ounce for quarter . Newmont Mining Corp says Q4 attributable gold production improved 17 percent to 1.3 million ounces . Newmont mining corp sees longer-term gold production of between 4.5 and 5.0 million ounces . Newmont Mining-expects to reach development decisions on ahafo mill expansion,subika underground,quecher main,twin underground projects later this year.  Full Article

Newmont appoints Nancy Buese to succeed Laurie Brlas as CFO
Wednesday, 26 Oct 2016 05:02pm EDT 

Newmont Mining Corp : Newmont appoints Nancy K. Buese to succeed Laurie Brlas as executive vice president and chief financial officer . Newmont Mining Corp says Brlas will retire from her position with Newmont to focus on external board work .Newmont Mining Corp- Brlas will remain with company through end of year.  Full Article

BRIEF-Newmont retires $575 million of convertible senior notes

* Announced it retired $575 million of principal under its 1.625 pct convertible senior notes due July 15, 2017