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United States

Newmont Mining Corp (NEM)

NEM on New York Consolidated

33.27USD
28 Mar 2017
Change (% chg)

$-0.64 (-1.89%)
Prev Close
$33.91
Open
$34.00
Day's High
$34.21
Day's Low
$33.13
Volume
2,080,076
Avg. Vol
7,446,883
52-wk High
$46.07
52-wk Low
$25.33

Latest Key Developments (Source: Significant Developments)

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

Newmont Mining Corporation announces underwritten sale of common stock
Wednesday, 10 Jun 2015 06:56am EDT 

Newmont Mining Corporation:Agrees to sell 29,000,000 shares of its common stock to Citigroup and J.P. Morgan, each of which will act as underwriters for the offering, for total gross proceeds of approximately $682 million.Intends to use the proceeds from this offering, supplemented with cash from the Company's balance sheet, to fund the acquisition from AngloGold Ashanti Limited of the Cripple Creek & Victor mine in Colorado.Until the CC&V Acquisition is completed, the Company intends to place the proceeds from this offering in short-term liquid investments.CC&V Acquisition represents a value-accretive opportunity to improve mine life, cost, and free cash flow in a favorable jurisdiction.Company also remains committed to prudently strengthening its balance sheet and developing its most profitable development projects.  Full Article

Anglogold Ashanti Ltd sells Cripple Creek & Victor mine for $820 million plus royalty to Newmont Mining Corp
Monday, 8 Jun 2015 07:06pm EDT 

Anglogold Ashanti Ltd:Says that it has agreed to sell its Cripple Creek & Victor mine in the United States to Newmont Mining Corp for $820 million in cash, plus a net smelter return royalty, as part of its strategy to cut debt.  Full Article

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Indonesia's Amman Mineral commits to $9.2 billion copper expansion: government official

JAKARTA Indonesia's Amman Mineral Nusa Tenggara (AMNT) has committed to invest $9.2 billion to expand its mining business, including the construction of a new copper smelter near its mine in Sumbawa, West Nusa Tenggara, a mining ministry official told Reuters on Wednesday.