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United States

Newmont Mining Corp (NEM)

NEM on New York Consolidated

35.72USD
14 Dec 2017
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Latest Key Developments (Source: Significant Developments)

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

Newmont Mining Corp to invest approximately U.S.$109 mln for 19.9 pct ownership of Continental Gold Inc
Thursday, 11 May 2017 06:02am EDT 

May 11 (Reuters) - Continental Gold Inc : :Newmont Mining Corp- announced an agreement to invest approximately U.S.$109 million for 19.9 percent ownership of Continental Gold Inc.Newmont Mining - agreed to purchase 37.38 million common shares of continental in a non-brokered private placement at a price of C$4.00 per share..Newmont Mining Corp- terms of investment agreement include Newmont's right to participate in future equity issuance to maintain its ownership stake.Newmont Mining Corp- terms of investment agreement include Newmont holding a seat on continental's board of directors.Newmont Mining - terms of agreement include two cos establishing joint technical and sustainability committees and strategic exploration alliance.  Full Article

Newmont Mining reports Q1 GAAP earnings per share $0.13 from continuing operations
Monday, 24 Apr 2017 04:15pm EDT 

April 24 (Reuters) - Newmont Mining Corp :Newmont announces first quarter 2017 results.Q1 revenue $1.7 billion versus I/B/E/S view $1.75 billion.Q1 adjusted earnings per share $0.25.Q1 GAAP earnings per share $0.13 from continuing operations.Q1 earnings per share view $0.22 -- Thomson Reuters I/B/E/S.Newmont Mining Corp says attributable gold production increased nine percent to 1.23 million ounces for quarter.Newmont Mining Corp - attributable gold production guidance for 2017 remains at between 4.9 and 5.4 million ounces.Newmont Mining Corp says attributable copper production from Phoenix and Boddington was unchanged at 13,000 tonnes for quarter.Newmont Mining Corp - qtrly gold aisc was in-line with prior quarter at $900 per ounce.Newmont Mining Corp - attributable gold production guidance for 2018 and longer-term guidance improves to between 4.7 and 5.2 million ounces.Newmont Mining Corp - gold cas guidance remains unchanged at between $700 and $750 per ounce for 2017, between $700 and $800 per ounce for 2018.Newmont Mining Corp - copper aisc improved 17 percent to $1.77 per pound for quarter on improved unit cas..Newmont Mining - gold aisc guidance for 2017 and 2018 is unchanged.Newmont Mining Corp - longer-term aisc guidance is improved to between $870 and $970 per ounce of gold.Newmont Mining - Boddington and Phoenix are expected to produce between 40,000 and 60,000 tonnes of copper per year, unchanged from previous guidance.  Full Article

BRIEF-Goldstrike, Newmont Mining Plan For Up To 10,000 Meter Drill Program On Plateau In 2018

* GOLDSTRIKE AND NEWMONT MINING PLAN FOR UP TO 10,000 METER DRILL PROGRAM ON PLATEAU IN 2018 Source text for Eikon: Further company coverage: