Newmont Goldcorp

Newmont Goldcorp Closes Senior Notes Offering of $700 Million at 2.800%

Retrieved on: 
Monday, September 16, 2019

Newmont Goldcorp Corporation (NYSE: NEM, TSX: NGT) (formerly known as Newmont Mining Corporation) (Newmont Goldcorp or the Company) announced today that it has received aggregate net proceeds of approximately $690 million, after deducting underwriting discounts (before expenses), upon the closing of its registered public offering of $700 million principal amount of 2.800% Senior Notes due 2029.

Key Points: 
  • Newmont Goldcorp Corporation (NYSE: NEM, TSX: NGT) (formerly known as Newmont Mining Corporation) (Newmont Goldcorp or the Company) announced today that it has received aggregate net proceeds of approximately $690 million, after deducting underwriting discounts (before expenses), upon the closing of its registered public offering of $700 million principal amount of 2.800% Senior Notes due 2029.
  • The Notes are senior unsecured obligations of the Company and rank equally with the Companys existing and future unsecured senior debt and senior to the Companys future subordinated debt.
  • The Notes are guaranteed on a senior unsecured basis by the Companys subsidiary, Newmont USA Limited.
  • The Company intends to use the net proceeds of this offering for repayment of the Companys outstanding 5.125% senior notes due October 1, 2019 and any remaining portion for general corporate purposes.

Newmont Goldcorp Provides Update on Peñasquito Mine in Mexico

Retrieved on: 
Sunday, September 15, 2019

Since 2005, Newmont Goldcorp has invested approximately US$5 billion in Peasquito, including US$420 million in the Pyrite Leach Plant in 2017-2018.

Key Points: 
  • Since 2005, Newmont Goldcorp has invested approximately US$5 billion in Peasquito, including US$420 million in the Pyrite Leach Plant in 2017-2018.
  • Newmont Goldcorp is the worlds leading gold company and a producer of copper, silver, zinc and lead.
  • Newmont Goldcorp 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 Goldcorp was founded in 1921 and has been publicly traded since 1925.

Incoming CEO Tom Palmer to Provide Update on Newmont Goldcorp at Denver Gold Forum

Retrieved on: 
Friday, September 13, 2019

Newmont Goldcorp Corporations (NYSE: NEM, TSX: NGT) (Newmont Goldcorp or the Company) President and incoming chief executive, Tom Palmer, will present Tuesday, September 17 at 10:30 am (MDT) at the 30th annual Denver Gold Forum, the worlds largest gathering of precious commodity equities.

Key Points: 
  • Newmont Goldcorp Corporations (NYSE: NEM, TSX: NGT) (Newmont Goldcorp or the Company) President and incoming chief executive, Tom Palmer, will present Tuesday, September 17 at 10:30 am (MDT) at the 30th annual Denver Gold Forum, the worlds largest gathering of precious commodity equities.
  • Mr. Palmer has also played a central role in leading the Newmont Goldcorp integration and the establishment of the joint venture with Barrick in Nevada.
  • Newmont Goldcorp is the worlds leading gold company and a producer of copper, silver, zinc and lead.
  • Newmont Goldcorp is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social and governance practices.

Surge Acquires Additional Gold-Copper Mineral Claim in British Columbia's Golden Triangle

Retrieved on: 
Friday, September 6, 2019

The mineral claim owned by Surge is nearby the Thorn Project currently owned by Brixton Metals Corp. ("Brixton") located in the Sutlahine River area of northwestern British Columbia (northern tip of the "Golden Triangle").

Key Points: 
  • The mineral claim owned by Surge is nearby the Thorn Project currently owned by Brixton Metals Corp. ("Brixton") located in the Sutlahine River area of northwestern British Columbia (northern tip of the "Golden Triangle").
  • km mineral claim staking program Golden Triangle originally announced on July 16, 2019 , reiterating the Company's commitment to region.
  • This new claim has been acquired to provide additional exploration potential around the boundaries of the former Golden Bear Mine.
  • Tim Fernback, Surge CEO states, "We are very excited to acquire this key additional mineral claim in BC's prolific Golden Triangle near Newmont Goldcorp's Golden Bear Mine and nearby Brixton Metal's Thorne Project.

Surge Acquires Additional Gold-Copper Mineral Claim in British Columbia's Golden Triangle

Retrieved on: 
Friday, September 6, 2019

The mineral claim owned by Surge is nearby the Thorn Project currently owned by Brixton Metals Corp. ("Brixton") located in the Sutlahine River area of northwestern British Columbia (northern tip of the "Golden Triangle").

Key Points: 
  • The mineral claim owned by Surge is nearby the Thorn Project currently owned by Brixton Metals Corp. ("Brixton") located in the Sutlahine River area of northwestern British Columbia (northern tip of the "Golden Triangle").
  • km mineral claim staking program Golden Triangle originally announced on July 16, 2019 , reiterating the Company's commitment to region.
  • This new claim has been acquired to provide additional exploration potential around the boundaries of the former Golden Bear Mine.
  • Tim Fernback, Surge CEO states, "We are very excited to acquire this key additional mineral claim in BC's prolific Golden Triangle near Newmont Goldcorp's Golden Bear Mine and nearby Brixton Metal's Thorne Project.

Newmont Goldcorp Announces Pricing of 2.800% Senior Notes Offering

Retrieved on: 
Thursday, September 5, 2019

Newmont Goldcorp Corporation (NYSE: NEM, TSX: NGT) (formerly known as Newmont Mining Corporation) (Newmont Goldcorp or the Company) announced today the pricing of its public offering of $700 million aggregate principal amount of 2.800% senior notes due 2029 (the Notes).

Key Points: 
  • Newmont Goldcorp Corporation (NYSE: NEM, TSX: NGT) (formerly known as Newmont Mining Corporation) (Newmont Goldcorp or the Company) announced today the pricing of its public offering of $700 million aggregate principal amount of 2.800% senior notes due 2029 (the Notes).
  • The Notes will be senior unsecured obligations of the Company and will rank equally with the Companys existing and future unsecured senior debt and senior to the Companys future subordinated debt.
  • The Notes will be guaranteed on a senior unsecured basis by the Companys subsidiary Newmont USA Limited.
  • The Company intends to use the net proceeds of this offering for repayment of the Companys outstanding 5.125% senior notes due October 1, 2019 and any remaining portion for general corporate purposes.

Irving Resources Reports a Letter of Intent with Sumitomo Corporation

Retrieved on: 
Thursday, September 5, 2019

VANCOUVER, British Columbia, Sept. 05, 2019 (GLOBE NEWSWIRE) -- Irving Resources Inc. (CSE:IRV) (Irving or the Company) is pleased to report that it has signed a letter of intent with Sumitomo Corporation to engage in discussions concerning potential business transactions including, but not limited to, investment in Irving and joint venture of Irvings assets.

Key Points: 
  • VANCOUVER, British Columbia, Sept. 05, 2019 (GLOBE NEWSWIRE) -- Irving Resources Inc. (CSE:IRV) (Irving or the Company) is pleased to report that it has signed a letter of intent with Sumitomo Corporation to engage in discussions concerning potential business transactions including, but not limited to, investment in Irving and joint venture of Irvings assets.
  • Such discussions are inclusive of Newmont Goldcorp Corporation, an existing large shareholder of Irving.
  • Sumitomo Corporation and Newmont Goldcorp Corporation have established a long-term working relationship having advanced a number of mining projects beginning with the Batu Hijau mine, Indonesia, approximately 23 years ago, Commented Akiko Levinson, President and Director of Irving.
  • We are very excited to have an open door to discuss ways Sumitomo Corporation might join Newmont Goldcorp Corporation to support Irvings efforts to explore for gold in Japan.

Newmont Goldcorp Announces Proposed Offering of Senior Notes

Retrieved on: 
Thursday, September 5, 2019

Newmont Goldcorp Corporation (NYSE: NEM, TSX: NGT) (formerly known as Newmont Mining Corporation) (Newmont Goldcorp or the Company) announced today its intention to offer, subject to market and other conditions, senior unsecured notes pursuant to the Companys shelf registration statement filed with the Securities and Exchange Commission.

Key Points: 
  • Newmont Goldcorp Corporation (NYSE: NEM, TSX: NGT) (formerly known as Newmont Mining Corporation) (Newmont Goldcorp or the Company) announced today its intention to offer, subject to market and other conditions, senior unsecured notes pursuant to the Companys shelf registration statement filed with the Securities and Exchange Commission.
  • The notes will be guaranteed on a senior unsecured basis by the Companys subsidiary Newmont USA Limited.
  • Newmont Goldcorp is the worlds leading gold company and a producer of copper, silver, zinc and lead.
  • Newmont Goldcorp is an industry leader in value creation, supported by robust safety standards, superior execution and technical proficiency.

Newmont Goldcorp’s Ahafo Mill Expansion in Ghana Processes First Ore

Retrieved on: 
Tuesday, September 3, 2019

Newmont Goldcorp Corporation (NYSE: NEM, TSX: NGT) (Newmont Goldcorp or the Company) today announced that the Ahafo Mill Expansion (AME) project in Ghana successfully processed its first ore and is on track to achieve commercial production in the fourth quarter of 2019.

Key Points: 
  • Newmont Goldcorp Corporation (NYSE: NEM, TSX: NGT) (Newmont Goldcorp or the Company) today announced that the Ahafo Mill Expansion (AME) project in Ghana successfully processed its first ore and is on track to achieve commercial production in the fourth quarter of 2019.
  • The project also accelerates the efficient processing of stockpiled ore and supports profitable development of Ahafos highly prospective underground resources, which continue to demonstrate considerable upside.
  • In 2019, Ahafo is expected to achieve record production with improved costs driven by higher grades from the Subika open pit, a full year of mining from the Subika Underground and the completion of the Ahafo Mill Expansion.
  • Newmont Goldcorp is the worlds leading gold company and a producer of copper, silver, zinc and lead.

Newmont Goldcorp Announces Successful Completion of Consent Solicitation for its 5.875% Notes due 2035

Retrieved on: 
Friday, August 23, 2019

Newmont Goldcorp intends to pay the Consent Fee on August 28, 2019.

Key Points: 
  • Newmont Goldcorp intends to pay the Consent Fee on August 28, 2019.
  • King & Co., Inc. acted as the information and tabulation agent for the Consent Solicitation (the Information and Tabulation Agent).
  • Holders may also contact their broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Consent Solicitation.
  • The Consent Solicitation was made solely by means of the Consent Solicitation Statement and was subject to the terms and conditions stated therein.