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Newmont Mining Corp (NEM.N)

NEM.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Newmont Q4 Adjusted Earnings Per Share $0.40
Thursday, 22 Feb 2018 06:55am EST 

Feb 22 (Reuters) - Newmont Mining Corp ::NEWMONT ANNOUNCES FULL YEAR AND FOURTH QUARTER 2017 RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.40.Q4 REVENUE $1.935 BILLION.Q4 GAAP LOSS PER SHARE $0.99 FROM CONTINUING OPERATIONS.Q4 EARNINGS PER SHARE VIEW $0.38, REVENUE VIEW $1.91 BILLION -- THOMSON REUTERS I/B/E/S.AVERAGE REALIZED PRICE FOR GOLD WAS SIX PERCENT HIGHER FOR THE QUARTER AT $1,270 PER OUNCE COMPARED TO THE PRIOR YEAR‍​.NEWMONT MINING - TOTAL CAPITAL EXPECTED TO INCREASE TO BETWEEN $1,200 MILLION AND $1,300 MILLION FOR 2018.ATTRIBUTABLE GOLD PRODUCTION FOR THE FOURTH QUARTER ROSE ONE PERCENT TO 1.34 MILLION OUNCES.GOLD AISC ROSE FIVE PERCENT TO $968 PER OUNCE FOR THE QUARTER.QTRLY ATTRIBUTABLE COPPER PRODUCTION 11,000 TONNES, DOWN 15 PERCENT.AVERAGE REALIZED PRICE FOR COPPER WAS 29 PERCENT HIGHER FOR THE QUARTER AT $3.20 PER POUND.NEWMONT MINING - IN QUARTER, INCURRED NON-CASH CHARGES OF $346 MILLION AND $395 MILLION, DUE TO U.S. TAX REFORM.  Full Article

Newmont Mining Expects Tax Reform To Result In Income Tax Expense Increase Between $200 Mln & $400 Mln
Friday, 22 Dec 2017 05:33pm EST 

Dec 22 (Reuters) - Newmont Mining Corp ::NEWMONT MINING- IDENTIFIED THAT REDUCTION IN U.S. CORPORATE INCOME TAX RATE TO 21% WILL RESULT IN RE-VALUATION OF DEFERRED TAX ASSETS, LIABILITIES.NEWMONT MINING- EXPECTS TAX REFORM TO RESULT IN ONE-TIME, NON-CASH INCREASE TO INCOME TAX EXPENSE OF BETWEEN $200 MILLION & $400 MILLION FOR YEAR ENDED DEC 31.  Full Article

Newmont Provides Updated 2018 And Longer-Term Outlook
Wednesday, 6 Dec 2017 05:45am EST 

Dec 6 (Reuters) - Newmont Mining Corp ::NEWMONT PROVIDES UPDATED 2018 AND LONGER-TERM OUTLOOK.NEWMONT MINING CORP - GOLD PRODUCTION IS EXPECTED TO REMAIN BETWEEN 4.9 AND 5.4 MILLION OUNCES IN 2019.NEWMONT MINING CORP SAYS INCREASING ATTRIBUTABLE GOLD PRODUCTION GUIDANCE TO BETWEEN 4.9 MILLION AND 5.4 MILLION OUNCES FOR 2018.NEWMONT MINING CORP - TOTAL CAPITAL GUIDANCE FOR 2018 REMAINS UNCHANGED BETWEEN $900 MILLION AND $1,000 MILLION.NEWMONT MINING CORP SAYS IMPROVING AISC GUIDANCE TO BETWEEN $965 PER OUNCE AND $1,025 PER OUNCE FOR 2018.NEWMONT MINING CORP - SUSTAINING CAPITAL IS EXPECTED TO BE BETWEEN $600 AND $700 MILLION FOR 2019.NEWMONT MINING CORP - SUSTAINING CAPITAL IS EXPECTED TO BE BETWEEN $550 MILLION AND $650 MILLION LONGER TERM THROUGH 2022.NEWMONT - LONGER TERM GOLD PRODUCTION EXPECTED TO REMAIN STABLE BETWEEN 4.6 - 5.1 MILLION OUNCES/YEAR THROUGH 2022 EX. DEVELOPMENT PROJECTS.NEWMONT - ATTRIBUTABLE COPPER PRODUCTION EXPECTED TO REMAIN BETWEEN 40,000 AND 60,000 TONNES IN 2018 AND 2019.NEWMONT MINING CORP SAYS GOLD COSTS APPLICABLE TO SALES GUIDANCE FOR 2018 IS IMPROVED TO BETWEEN $700 PER OUNCE AND $750 PER OUNCE.NEWMONT MINING - TOTAL CAPITAL GUIDANCE EXPECTED TO BE BETWEEN $730 MILLION & $830 MILLION IN 2019 AND BETWEEN $580 MILLION & $680 MILLION LONGER TERM THROUGH 2022.  Full Article

Newmont Mining Q3 adjusted earnings per share $0.35
Thursday, 26 Oct 2017 06:55am EDT 

Oct 26 (Reuters) - Newmont Mining Corp :Newmont announces third quarter 2017 results.Q3 adjusted earnings per share $0.35.Q3 revenue $1.9 billion versus i/b/e/s view $1.86 billion.Q3 earnings per share view $0.33 -- Thomson Reuters I/B/E/S.Q3 gaap earnings per share $0.39 from continuing operations.Newmont mining corp - boddington and phoenix are expected to produce between 40,000 and 60,000 tonnes of copper in 2017‍​.Newmont mining corp qtrly ‍ attributable gold production is produced 1.3 million ounces of gold, up seven percent from prior year quarter​.Newmont mining corp - 2017 aisc guidance for copper remains between $1.85 and $2.05 per pound‍​.Newmont mining corp qtrly ‍ gold all-in sustaining costs is reported aisc of $943 per ounce​.Newmont mining corp - capital guidance for 2017 is unchanged between $890 and $990 million.Newmont mining corp - sustaining capital outlook for 2017 is unchanged between $575 and $675 million.Newmont mining corp - average realized price for gold was 4 percent lower at $1,276 per ounce for quarter compared to $1,329 in prior year quarter​.Newmont mining corp qtrly ‍ attributable copper production from phoenix and boddington was 12,000 tonnes compared to 15,000 tonnes in prior year quarter​.Newmont mining corp - 2017 ‍attributable gold production guidance is unchanged​.Newmont mining corp - first production at quecher main is expected in early 2019 with commercial production in the fourth quarter of 2019‍​.  Full Article

Newmont declares quarterly dividend of $0.075 per share
Tuesday, 24 Oct 2017 06:59am EDT 

Oct 24 (Reuters) - Newmont Mining Corp ::Newmont declares quarterly dividend of $0.075 per share.Newmont Mining - ‍dividend of $0.075 per share is 50 percent higher than dividend declared in prior year quarter​.  Full Article

Newmont reports Q2 EPS $0.46, produces 1.4 mln ounces of gold
Tuesday, 25 Jul 2017 08:00am EDT 

July 25 (Reuters) - Newmont Mining Corp :Newmont announces second quarter 2017 results.Q2 adjusted earnings per share $0.46.Q2 revenue $1.875 billion versus i/b/e/s view $1.77 billion.Q2 earnings per share view $0.26 -- Thomson Reuters I/B/E/S.Q2 gaap earnings per share $0.36 from continuing operations.Newmont mining corp - produced 1.4 million ounces of gold in q2, up 13 percent from prior year quarter, in-line with guidance.Says ‍improved production and cost outlook for 2017​.Newmont mining corp sees 2017 attributable production of between 5.0 and 5.4 million ounces of gold.Says 2017 ‍attributable production guidance improves to between 5.0 and 5.4 million ounces of gold​.Newmont mining corp - ‍capital guidance lowered to between $890 and $990 million for 2017​.Says ‍2017 cas guidance improves to between $675 and $715 per ounce​.Says ‍average realized price for gold was $1,250 per ounce for quarter compared to $1,257 in prior year quarter​.Newmont mining corp - ‍aisc guidance improves to between $900 and $950 per ounce for 2017​.Newmont mining corp - ‍expects to reach a development decision on quecher main project in second half of the year; is currently excluded from outlook​.Newmont mining corp - ‍revenue rose 12 percent to $1,875 million for quarter due to increased sales volumes​.  Full Article

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

Southern Copper sees Michiquillay mine in Peru starting operations in 2022

LIMA, June 12 Southern Copper Corp said on Tuesday that it plans to start building its proposed $2.5 billion copper mine Michiquillay in Peru next year and will likely start operations in 2022 - three years earlier than previously forecast.