Newmont Goldcorp

Newmont Corporation Files Early Warning Report

Retrieved on: 
Friday, July 17, 2020

Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont) announced today that on July 16, 2020, through its wholly owned subsidiary, Goldcorp Inc., it disposed of 17,662,646 common shares (each, a Common Share) of Gold Standard Ventures Corp. (GSV) (the Disposition).

Key Points: 
  • Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont) announced today that on July 16, 2020, through its wholly owned subsidiary, Goldcorp Inc., it disposed of 17,662,646 common shares (each, a Common Share) of Gold Standard Ventures Corp. (GSV) (the Disposition).
  • Immediately prior to the Disposition, Newmont beneficially owned or exercised control or direction over 35,325,291 Common Shares, representing approximately 12.4 percent of the issued and outstanding Common Shares.
  • Following the Disposition, Newmont, now owns 17,662,645 Common Shares, representing approximately 6.2 percent of the issued and outstanding Common Shares.
  • A copy of the early warning report filed by Newmont in connection with the Disposition is available on GSVs SEDAR profile.

Newmont Announces Second Quarter 2020 Earnings Call

Retrieved on: 
Monday, July 6, 2020

The second quarter 2020 results will be available before the market opens on Thursday, July 30, 2020 on the Investor Relations section of the Companys website, www.newmont.com .

Key Points: 
  • The second quarter 2020 results will be available before the market opens on Thursday, July 30, 2020 on the Investor Relations section of the Companys website, www.newmont.com .
  • Additionally, the conference call will be archived for a limited time on the Companys website.
  • Newmont is the worlds leading gold company and a producer of copper, silver, zinc and lead.
  • Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social and governance practices.

Golden Sky Minerals Mobilizes Exploration Team to Bull’s Eye

Retrieved on: 
Monday, July 6, 2020

VANCOUVER, British Columbia, July 06, 2020 (GLOBE NEWSWIRE) -- Golden Sky Minerals Corp. (AUEN.V) is pleased to announce the mobilization of an exploration team to its Bulls Eye gold property, situated in the Yukons prolific White Gold district.

Key Points: 
  • VANCOUVER, British Columbia, July 06, 2020 (GLOBE NEWSWIRE) -- Golden Sky Minerals Corp. (AUEN.V) is pleased to announce the mobilization of an exploration team to its Bulls Eye gold property, situated in the Yukons prolific White Gold district.
  • The Bulls Eye property is located in a previously unrecognized gold sub-district 50 km south of Newmonts Coffee Gold deposit.
  • The companys three Yukon Territory core assets, the Lucky Strike, Hot Spot, and Bulls Eye properties in remain in good standing.
  • All three properties are 100% owned by Golden Sky Minerals with no underlying payments or royalties.

Newmont Ranked Top Miner in 100 Best Corporate Citizens List

Retrieved on: 
Thursday, June 18, 2020

Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or The Company) was ranked 13th overall in 3BL Medias (formerly Corporate Responsibility Magazines) 100 Best Corporate Citizens list for 2020, moving up from 20th on last years list.

Key Points: 
  • Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or The Company) was ranked 13th overall in 3BL Medias (formerly Corporate Responsibility Magazines) 100 Best Corporate Citizens list for 2020, moving up from 20th on last years list.
  • Newmont was the sole mining company in the top 20 and one of only two miners to make the 21st annual list.
  • 3BL Medias 100 Best Corporate Citizens methodology ranks the 1,000 largest, publicly traded U.S. companies on environmental, social and governance (ESG) transparency and performance.
  • Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social and governance practices.

Newmont Publishes 2019 Sustainability Report

Retrieved on: 
Monday, June 1, 2020

Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or The Company) today announced the publication of its 2019 Sustainability Report, Beyond the Mine , a transparent and comprehensive disclosure of the Companys environmental, social and governance (ESG) performance.

Key Points: 
  • Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or The Company) today announced the publication of its 2019 Sustainability Report, Beyond the Mine , a transparent and comprehensive disclosure of the Companys environmental, social and governance (ESG) performance.
  • Our sustainability report provides investors and other stakeholders a transparent and detailed look at look at our safety, environmental and social performance, said Tom Palmer, President and Chief Executive Officer.
  • Newmonts sustainability efforts have been recognized by several independent organizations:
    For the fifth year in a row, Newmont was named the top gold miner in the Dow Jones Sustainability World Index (DJSI)
    For the second consecutive year, Newmont was included in Bloombergs Gender-Equality Index (GEI) for its efforts to advance qualified women in the workplace
    To meet the needs of both investors and a broader range of stakeholders, Newmonts 2019 Sustainability Report was written in accordance with the GRI (formerly Global Reporting Initiative) Standards Core option, including the GRI Mining and Metals Sector Supplement, and it follows the Sustainability Accounting Standards Board (SASB) Metals & Mining Sustainability Accounting Standard, the framework preferred by investors.
  • The report demonstrates Newmonts commitment to disclosing its performance including site-level data on its most material sustainability topics.

Newmont Provides Updated 2020 Outlook and Confirms Long-term Guidance

Retrieved on: 
Tuesday, May 19, 2020

The updated outlook includes the ongoing impact of expected productivity challenges as a result of travel and other restrictions.

Key Points: 
  • The updated outlook includes the ongoing impact of expected productivity challenges as a result of travel and other restrictions.
  • For example, certain hypothetical assumptions are made for calculation of 2020 outlook and long-term guidance.
  • In developing this outlook, Newmont management applied a number of hypothetical assumptions in respect of a number of future matters that impact outlook.
  • A reconciliation of the 2020 Gold AISC outlook to the 2020 Gold CAS outlook is provided below.

Newmont to Begin Safely Ramping Up at Peñasquito

Retrieved on: 
Wednesday, May 13, 2020

Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) announced today that the Company expects to begin safely ramping up operations at Peasquito in Mexico on May 18 following the governments designation of mining as an essential activity.

Key Points: 
  • Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) announced today that the Company expects to begin safely ramping up operations at Peasquito in Mexico on May 18 following the governments designation of mining as an essential activity.
  • The start-up of Peasquito is expected to take roughly two weeks to reach stable production levels.
  • As we begin to ramp up, Newmont will provide an update on the Companys 2020 outlook.
  • Operations at Peasquito were placed on care and maintenance in early April following Coronavirus-related restrictions by the government of Mexico.

Newmont Donates $500,000 to Support the Colorado COVID Relief Fund

Retrieved on: 
Thursday, May 7, 2020

Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) today announced a $500,000 donation to the Colorado COVID Relief Fund, a statewide relief effort established in March with the support of Governor Jared Polis.

Key Points: 
  • Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) today announced a $500,000 donation to the Colorado COVID Relief Fund, a statewide relief effort established in March with the support of Governor Jared Polis.
  • Newmonts donation to the Colorado COVID Relief Fund is targeted to benefit residents of Teller and Fremont counties, the communities closest to the Companys Cripple Creek and Victor mine (CC&V).
  • Governor Polis said, We are excited that Newmont is joining the CO COVID Relief Efforts.
  • The Fund is focused on three key areas to ensure the most positive impact and reach those who need it most:
    Additional information about the Colorado COVID Relief Fund, including grant application instructions, can be found at HelpColoradoNow.org .

Newmont Increases Quarterly Dividend by 79 percent to $0.25 Per Share

Retrieved on: 
Tuesday, April 21, 2020

Consistent with the Companys prior announcement to significantly increase its industry leading dividend, the first quarter 2020 dividend declared represents an increase of 79 percent compared to the prior quarterly dividend of $0.14 per share.

Key Points: 
  • Consistent with the Companys prior announcement to significantly increase its industry leading dividend, the first quarter 2020 dividend declared represents an increase of 79 percent compared to the prior quarterly dividend of $0.14 per share.
  • Newmont is the worlds leading gold company and a producer of copper, silver, zinc and lead.
  • The Companys world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in North America, South America, Australia and Africa.
  • Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social and governance practices.

Orosur Mining Inc. – Third Quarter 2020 Results & Board Change

Retrieved on: 
Tuesday, April 14, 2020

As agreed in the Creditors Agreement, on December 19, 2019, Orosur issued 10,000,000 common shares to a trust for the benefit of Lorysers creditors.

Key Points: 
  • As agreed in the Creditors Agreement, on December 19, 2019, Orosur issued 10,000,000 common shares to a trust for the benefit of Lorysers creditors.
  • As at February 29, 2020, the Company had a cash balance of US$463k (May 31, 2019 - US$512k).
  • In March 2020, Newmont made the third US$500k cash payment to Orosur with the fourth and final payment of this sort expected in September 2020.
  • Orosur Mining Inc. (TSX: OMI; AIM: OMI) is a precious metals developer and explorer focused on identifying and advancing gold projects in South America.