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Newmont Mining Corp (NEM)

NEM on New York Consolidated

34.13USD
21 Apr 2017
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Latest Key Developments (Source: Significant Developments)

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

Newmont Mining appoints Andrew Woodley to lead North America business from Jan 2, 2017
Wednesday, 5 Oct 2016 09:20am EDT 

Newmont Mining Corp :Appointed Andrew Woodley to lead company's North America business beginning on January 2, 2017.  Full Article

Newmont Mining sets qtrly dividend of $0.025 per share
Wednesday, 20 Jul 2016 04:01pm EDT 

Newmont Mining Corp :Sets quarterly dividend of $0.025 per share.  Full Article

Newmont Q2 adjusted earnings per share $0.44
Wednesday, 20 Jul 2016 04:00pm EDT 

Newmont Mining Corp : Qtrly gold CAS $637 per ounce compared to $642 per ounce in prior year quarter . Produced 1.3 million ounces,38,000 tonnes of attributable gold,copper, respectively, compared to 1.2 million ounces,42,000 tonnes in prior year quarter . Qtrly reported copper cas of $1.21 per pound unchanged from prior year quarter . Attributable copper production is expected to be between 40,000 and 60,000 tonnes in 2016 . Attributable copper production is expected to be between 40,000 and 65,000 tonnes in 2017 and 2018 . Attributable gold production is expected to increase from between 4.7 and 5 million ounces in 2016 to between 4.9 and 5.4 million ounces in 2017 . Gold cas is expected to be between $630 and $680 per ounce in 2016 . Copper cas is expected to be between $1.80 and $2.00 per pound in 2016 and 2017 . Copper aisc is expected to average between $2.20 and $2.40 per pound in 2016 . Copper aisc is expected to increase to between $2.75 and $2.95 per pound in 2018 . Company remains on track to repay $800 million to $1.3 billion of debt between 2016 and 2018 . Newmont announces second quarter operating and financial results . Q2 adjusted earnings per share $0.44 . Q2 revenue $2.0 billion versus i/b/e/s view $1.92 billion . Q2 earnings per share view $0.29 -- Thomson Reuters I/B/E/S . Qtrly aisc was $876 per ounce and $1.53 per pound, respectively, compared to $909 per ounce and $1.61 per pound in prior year quarter.  Full Article

Moody's says Newmont's sale of Batu Hijau interest credit positive
Tuesday, 5 Jul 2016 03:17pm EDT 

Newmont Mining Corp :Moody's says Newmont's sale of Batu Hijau interest credit positive.  Full Article

Sumitomo Corp: To get $350 mln for sale of stake in Indonesia copper-gold mine
Thursday, 30 Jun 2016 10:12pm EDT 

Sumitomo Corp <8053.T>: to get 36 billion yen ($350 million) for sale of entire stake in Indonesia copper-gold mine .higher copper prices and mine developments may trigger receipt of another 21 bln yen as part of Indonesia copper-gold mine sale.  Full Article

Newmont enters agreement to sell interest in Indonesian assets
Thursday, 30 Jun 2016 06:04am EDT 

Newmont Mining Corp : Says total consideration is $1.3 billion for Newmont's 48.5 percent economic interest in PTNNT . Newmont Mining Corp says Nusa Tenggara Mining Corporation, majority owned by Sumitomo Corporation, has also agreed to sell its ownership stake to PT AMI . Says amount is comprised of cash proceeds of $920 million expected to be paid at closing and contingent payments of $403 million . Newmont Mining Corp says binding share sale, purchase agreement with PT Amman Mineral Internasional to sell its interests in PT Newmont Nusa Tenggara . Says contingent payments of $403 million tied to metal price upside and development of Elang .Newmont enters agreement to sell interest in Indonesian assets.  Full Article

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