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Newmont Reports Bernard Wessels Appointed As GM Of Peñasquito Mine
Newmont Can Exercise Option Only In Event Kirkland Intends To Restart Operations At Holt Mine
Coronavirus Pandemic 'Still Has A Way To Run' -Newmont CEO
Newmont Corporation, formerly Newmont Goldcorp Corp, is a mining company, which is focused on the production of and exploration for gold, copper, silver, zinc and lead. It is primarily a gold producer with operations and/or assets in the United States, Australia, Peru, Ghana and Suriname. The Company's segments include North America, South America, Asia Pacific and Africa. Its North America segment consists primarily of Carlin, Phoenix, Twin Creeks and Long Canyon in the state of Nevada, and Cripple Creek &Victor (CC&V) in the state of Colorado, in the United States. Its South America segment consists primarily of Yanacocha in Peru and Merian in Suriname. Its Asia Pacific segment consists primarily of Boddington, Tanami and Kalgoorlie in Australia. The Company's Africa segment consists primarily of Ahafo and Akyem in Ghana. As of December 31, 2016, it had gold reserves of 68.5 million ounces and an aggregate land position of approximately 23,000 square miles (59,000 square kilometers).
Gold & Silver
6363 S Fiddlers Green Cir
GREENWOOD VILLAGE, CO
Independent Chairman of the Board
Thomas Ronald Palmer
President, Chief Executive Officer, Director
Gregory H. Boyce
Vice Chairman of the Board
Nancy K. Buese
Chief Financial Officer, Executive Vice President
Chief Operating Officer, Executive Vice President
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Gold miner Newmont Corp topped analysts' estimates for quarterly profit on Thursday, benefiting from a surge in bullion prices as the COVID-19 pandemic and rising Sino-U.S. tensions boosted demand for safer assets.
Gold miner Newmont Corp said on Thursday its quarterly adjusted profit nearly tripled, benefiting from a surge in bullion prices as the COVID-19 pandemic and rising Sino-U.S. tensions boosted demand for safer assets.
Newmont Corp said on Tuesday it expects costs to rise in 2020 as some of its operations were placed in temporary care and maintenance, and the miner also cut its spending budget due to COVID-19-led reduction in non-essential activities.
Newmont Corp said on Tuesday it expects costs to rise in 2020 as some of its operations are in care-and-maintenance mode, and the miner also cut its spending budget for the year due to reduction in non-essential activities.
Gold miner Newmont Corp's adjusted profit nearly doubled on Tuesday boosted by higher production and a surge in the prices of the precious metal, as investors rushed to the safe-haven asset amid market turmoil caused by the COVID-19 outbreak.
Newmont Corp, the world's biggest gold miner, posted a more than nine-fold jump in quarterly profit on Tuesday, buoyed by higher production and a surge in bullion prices as safe-haven asset demand grew in a coronavirus-hit global economy.
Newmont Corp <NEM.N> is looking to restart in as soon as days some of the four Canadian and South American gold mines that it shut last month to curb the spread of the new coronavirus, Chief Executive Tom Palmer said on Friday.
Miner Newmont Corp <NEM.N> said on Monday it was withdrawing its 2020 outlook as some production could be deferred to 2021 due to the ongoing coronavirus outbreak.
* NEWMONT IMPLEMENTS ADDITIONAL CONTROLS TO FURTHER PROTECT WORKFORCE, NEIGHBORING COMMUNITIES
Newmont Corp said on Tuesday it would scale down operations at its Yanacocha gold mine in Peru, citing coronavirus-related restrictions in the country.
* NEWMONT SAYS CEO THOMAS PALMER'S FY 2019 TOTAL COMPENSATION WAS $7.3 MILLION VERSUS ABOUT $5.0 MILLION IN FY 2018 - SEC FILING
Newmont Goldcorp <NEM.N> missed Wall Street estimates for quarterly profit due to higher costs and the world's biggest gold miner cut its annual output target on Tuesday as production remained suspended at one of its largest mines in Mexico.
Newmont Goldcorp said on Wednesday a blockade that began on Sep. 14 at its Penasquito gold mine in Mexico in northern Zacatecas state has been lifted, though operations remained temporarily suspended.
Newmont Goldcorp was ready to restart negotiations as soon as what it called an "illegal blockade" was lifted at Mexico's Penasquito gold mine, the world's top gold producer said on Thursday.
The world's top gold producer, Newmont Goldcorp, said on Wednesday it had offered $25 million in community investments and land rental fees to resolve a conflict at its Penasquito gold mine in Mexico, but activists said they are unsatisfied.
Newmont Goldcorp said on Sunday it has temporarily suspended operations at the Peñasquito gold mine in Mexico after the resumption of a previously lifted blockade by a trucking contractor and some members of the Cedros community.
Newmont Goldcorp <NEM.N> needs to do as much as three years of work at the mines it added through its acquisition of Goldcorp to bring them to acceptable levels of performance, its chief executive told Reuters on Thursday.
Newmont Goldcorp, the world's biggest gold miner, reported lower-than-expected earnings on Thursday, due to costs including those associated with takeover and joint venture deals and non-operating mines.
Barrick Gold Corp <ABX.TO> said on Monday its Nevada joint venture with Newmont Goldcorp <NEM.N> is expected to produce 1.8 million ounces to 1.9 million ounces of gold in the second half of 2019.
Newmont Goldcorp said on Monday it had resumed shipping concentrate from the Peñasquito gold mine in Mexico after a blockade by a trucking contractor and some members of the Cedros community was lifted.
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