Edition:
United States

Newmont Mining Corp (NEM)

NEM on New York Consolidated

39.11USD
16 Feb 2018
Change (% chg)

$-0.30 (-0.76%)
Prev Close
$39.41
Open
$39.14
Day's High
$39.39
Day's Low
$38.68
Volume
5,396,405
Avg. Vol
4,916,849
52-wk High
$42.04
52-wk Low
$31.42

Latest Key Developments (Source: Significant Developments)

Newmont enters agreement to sell interest in Indonesian assets
Thursday, 30 Jun 2016 06:04am EDT 

Newmont Mining Corp : Says total consideration is $1.3 billion for Newmont's 48.5 percent economic interest in PTNNT . Newmont Mining Corp says Nusa Tenggara Mining Corporation, majority owned by Sumitomo Corporation, has also agreed to sell its ownership stake to PT AMI . Says amount is comprised of cash proceeds of $920 million expected to be paid at closing and contingent payments of $403 million . Newmont Mining Corp says binding share sale, purchase agreement with PT Amman Mineral Internasional to sell its interests in PT Newmont Nusa Tenggara . Says contingent payments of $403 million tied to metal price upside and development of Elang .Newmont enters agreement to sell interest in Indonesian assets.  Full Article

Revelo establishes JV in Chile for Montezuma Project
Tuesday, 17 May 2016 08:45am EDT 

Revelo Resources : Chilean subsidiary established a Chilean joint venture company with subsidiary of Newmont Mining Corporation . Says Newmont has indicated that it plans to start drill testing of key anomalies on about 45,285-hectare Montezuma Project in Q3 2016 . JV is currently owned 51 pct by Newmont and 49 pct by Revelo, but Newmont has elected to pursue a further 14 pct (to 65 pct) in JV company .Revelo establishes company with JV partner in Chile for Montezuma project.  Full Article

Newmont Mining Corp investigates some activities outside of U.S.-filing - Reuters News
Thursday, 21 Apr 2016 03:41am EDT 

Newmont Mining Corp:Newmont Mining Corp is conducting an investigation into certain business activities of the company, its affiliates and contractors in countries outside the United States, the miner said in a filing with the U.S. Securities and Exchange Commission (SEC) on Wednesday - RTRS.Colorado-based Newmont said the investigation includes a review of compliance with the requirements of the U.S. Foreign Corrupt Practices Act.It is working with the SEC and the U.S. Department of Justice on the investigation, it said.  Full Article

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

BRIEF-Newmont Mining Expects Tax Reform To Result In Income Tax Expense Increase Between $200 Mln & $400 Mln

* NEWMONT MINING- IDENTIFIED THAT REDUCTION IN U.S. CORPORATE INCOME TAX RATE TO 21% WILL RESULT IN RE-VALUATION OF DEFERRED TAX ASSETS, LIABILITIES