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Newmont Mining Corp (NEM)

NEM on New York Consolidated

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26 May 2017
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Latest Key Developments (Source: Significant Developments)

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

Newmont announces proposed common stock offering
Monday, 8 Jun 2015 04:21pm EDT 

Newmont Mining Corp:Says intention to offer 29,000,000 shares of common stock, subject to market and other conditions, through a registered public offering.In connection with common stock offering, Newmont has granted underwriters 30-day option to purchase up to additional 4,350,000 shares of common stock.Intends to use net proceeds from this offering to fund acquisition from AngloGold Ashanti Limited of Cripple Creek and Victor mine in Colorado, supplemented with cash from the Company's balance sheet.Until the CC&V Acquisition is completed, Company intends to place net proceeds from this offering in short-term liquid investments.If the CC&V Acquisition is not completed, Company intends to use net proceeds from offering for general corporate purposes.Citigroup Global Markets Inc., J.P. Morgan and HSBC Securities (USA) Inc. will act as joint book-running managers for offering.  Full Article

OceanaGold Corp signs definitive acquisition agreement with Newmont Mining Corp to acquire Waihi Gold Mine operations in New Zealand
Sunday, 7 Jun 2015 04:31pm EDT 

OceanaGold Corp:Says that further to announcement on April 30, it has signed definitive acquisition agreement with Newmont Mining Corp to acquire Newmont's Waihi Gold Mine in New Zealand for $101 million in cash plus customary adjustments.Says Newmont will also retain 1 pct. net smelter royalty for gold ounces produced from one specific exploration tenement separate to mine capped at 300,000 ounces of production.  Full Article

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BRIEF-Newmont Mining amends credit agreement

* Newmont mining- on may 25 entered amendment and restatement agreement to its existing credit agreement dated as of may 20, 2011 - sec filing