Newcrest Mining

NEW GOLD APPOINTS RICHARD O'BRIEN TO THE BOARD OF DIRECTORS

Retrieved on: 
Monday, March 25, 2024
Newcrest Mining, Xcel Energy, Chairperson, AGM, Acquisition, Senior, Newmont, NGD, TSX, Mining, Corporate governance, Committee, Management

Ian Pearce has informed the Board that he will retire from the Board on August 1, 2024.

Key Points: 
  • Ian Pearce has informed the Board that he will retire from the Board on August 1, 2024.
  • Following the AGM, it is expected that the Board will appoint Mr. O'Brien as Chair upon Mr. Pearce's retirement from the Board.
  • "On behalf of the Board and the team at New Gold, I would like to welcome Richard to our Board.
  • "It has been an honor to serve as Chair of the Board of New Gold.

DynaResource, Inc. Appoints Directors

Retrieved on: 
Thursday, February 22, 2024
Issuer, Mining, News, Growth, Teck Resources, Attention, University, Legislation, Newmont, Accident, OTCQB, OTC, Disclosure, Eye, Gold, Uncertainty, CPA, SJG, National Instrument 43-101, Newcrest Mining, Annual report, Homestake Mining Company, Geology, Risk, National instrument, Management

Currently, Dr. Hennigh is Technical and Geologic Director to Crescat Capital and is CEO of private miner, San Cristobal Mining.

Key Points: 
  • Currently, Dr. Hennigh is Technical and Geologic Director to Crescat Capital and is CEO of private miner, San Cristobal Mining.
  • Mr. Omland is a mining executive with 20 years of experience in the mining and metals trading industry.
  • Mr. Omland also serves on the Board of Directors for Dore Copper Mining Corp, Galantas Gold Corporation and Nicola Mining Inc., all listed on the TSX-V.
    Mr. K.D.
  • I also greatly appreciate the attention and support we have received from Mr. Omland and Ocean Partners since February 2021, and I am pleased to welcome Brent to the Board of Directors.

Newmont Announces Pricing of Notes to Repay Outstanding Borrowings Under Revolving Credit Facility

Retrieved on: 
Monday, March 4, 2024
Mining, Minerals, Natural Resources, Acquisition, Regulation, NGT, Note, Issuer, TSX, News, NEM, Sale, Risk, ASX, Newcrest Mining, Corporation, Offering

The Notes will be guaranteed on an unsecured senior basis by Newmont USA Limited, a wholly owned subsidiary of Newmont.

Key Points: 
  • The Notes will be guaranteed on an unsecured senior basis by Newmont USA Limited, a wholly owned subsidiary of Newmont.
  • Subject to customary closing conditions, the Offering is expected to close on March 7, 2024.
  • The Issuers intend to use a portion of the net proceeds from the Offering to repay all outstanding borrowings under the Company’s revolving credit facility, with the remaining proceeds for general corporate purposes.
  • The Company previously used borrowings under its revolving credit facility, along with cash on hand, to repay approximately US$1.9 billion aggregate principal amount of bilateral credit debt acquired by Newmont as part of its acquisition of Newcrest Mining Limited.

Newmont Announces Offering of Notes to Repay Outstanding Borrowings Under Revolving Credit Facility

Retrieved on: 
Monday, March 4, 2024
Mining, Minerals, Natural Resources, Acquisition, Regulation, NGT, Note, Issuer, TSX, News, NEM, Sale, Risk, ASX, Newcrest Mining, Corporation, Offering, Security (finance)

Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (“Newmont” or the “Company”) and Newcrest Finance Pty Limited, a wholly owned subsidiary of Newmont (“Newcrest Finance” and, together with Newmont, the “Issuers”) announced today that they have commenced a private offering (the “Offering”) of their notes due 2026 and notes due 2034 (together, the “Notes”).

Key Points: 
  • Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (“Newmont” or the “Company”) and Newcrest Finance Pty Limited, a wholly owned subsidiary of Newmont (“Newcrest Finance” and, together with Newmont, the “Issuers”) announced today that they have commenced a private offering (the “Offering”) of their notes due 2026 and notes due 2034 (together, the “Notes”).
  • The Notes will be guaranteed on an unsecured senior basis by Newmont USA Limited, a wholly owned subsidiary of Newmont.
  • The Issuers intend to use a portion of the net proceeds from the Offering to repay all outstanding borrowings under the Company’s revolving credit facility, with the remaining proceeds for general corporate purposes.
  • The Company previously used borrowings under its revolving credit facility, along with cash on hand, to repay approximately US$1.9 billion aggregate principal amount of bilateral credit debt acquired by Newmont as part of its acquisition of Newcrest Mining Limited.

Imperial Provides Update on Mount Polley 2023 Production

Retrieved on: 
Wednesday, January 17, 2024
Diamond, Copper, Ventilation, Gold, Newcrest Mining, Feasibility study, Imperial, Acquisition

*production from restart of operations in late June to December 31, 2022

Key Points: 
  • *production from restart of operations in late June to December 31, 2022
    The 2024 production target for Mount Polley is 34–37 million pounds copper and 37-41 thousand ounces gold.
  • Newmont completed the acquisition of Newcrest Mining Limited during the fourth quarter of 2023 and holds 70% interest in the Red Chris mine.
  • Newmont has since taken over the block cave Feasibility Study with further details to be released by Imperial when the information is received from Newmont.
  • Newmont’s reserve and resource estimates are expected to be released along with Newmont’s 2023 year-end results.

Eldorado Gold Provides Exploration Update Highlighting Increased Confidence on Ormaque; Announces Executive Management Appointments

Retrieved on: 
Wednesday, December 13, 2023
Resource, Talisman Energy, Retirement, TEX, News, 3D, Eldorado Gold, Mineral, Metallurgy, Mineral Resources Limited, Burns, Projection, Geology, Integration, Laboratory, Safety, Life, Mining, Exploration, Goldcorp, Senior, Suite (music), Gold, Culture, Lens, Abitibi, Growth, Newcrest Mining, Management

This drilling has identified new zones characterised by high-grade veins similar in style and geometry to those hosting the Ormaque deposit.

Key Points: 
  • This drilling has identified new zones characterised by high-grade veins similar in style and geometry to those hosting the Ormaque deposit.
  • Key mineralised intercepts are present both below and south of the current Mineral Resources for at least 350 metres.
  • Note: Gold grades for drillhole intervals listed in this release are based on capping individual assays at 70 g/t gold.
  • Eldorado Gold operates its exploration programs according to industry best practices and employs rigorous quality assurance and quality control procedures.

Metals Acquisition Limited Announces Appointment of Morné Engelbrecht as Chief Financial Officer

Retrieved on: 
Wednesday, December 20, 2023
Mining, Minerals, Natural Resources, Carbon, ASX, MAC, CFO, Gold, Comptroller, Commerce, Interim management, Lihir Gold, Harmony Gold, InterOil, Accounting, Knowledge, ExxonMobil, Interim, Newcrest Mining, TSX

Metals Acquisition Limited (NYSE:MTAL) (“MAC” or the “Company”) is pleased to announce the appointment of Mr. Morné Engelbrecht as Chief Financial Officer (“CFO”) with an expected commencement date of February 10, 2024.

Key Points: 
  • Metals Acquisition Limited (NYSE:MTAL) (“MAC” or the “Company”) is pleased to announce the appointment of Mr. Morné Engelbrecht as Chief Financial Officer (“CFO”) with an expected commencement date of February 10, 2024.
  • He is a Member of Chartered Accountants Australia and New Zealand and has a Bachelor of Commerce (Accounting) with Honours.
  • Mick McMullen, CEO of MAC commented “We are very excited to welcome Morné to our team and to have secured a high calibre and accomplished executive.
  • Dan will continue as Chief Development Officer which is a vital role for the Company as we look to build on our current asset base.”

Newmont Commences Exchange Offers and Consent Solicitations

Retrieved on: 
Monday, November 27, 2023
Natural Resources, Other Natural Resources, Mining, Minerals, Sale, Issuer, Exchange, Note, Exchange offer, Person, Expiration, SEC Rule 144A, Solicitation, Expiration date, Security (finance), Life insurance, Property management, Newcrest Mining, Newmont

In conjunction with the Exchange Offers, the Issuers are soliciting consents (each, a “Consent Solicitation” and, collectively, the “Consent Solicitations”) to adopt certain proposed amendments to each of the indentures governing the Existing Newcrest Notes.

Key Points: 
  • In conjunction with the Exchange Offers, the Issuers are soliciting consents (each, a “Consent Solicitation” and, collectively, the “Consent Solicitations”) to adopt certain proposed amendments to each of the indentures governing the Existing Newcrest Notes.
  • Each Exchange Offer and Consent Solicitation is conditioned upon the completion of the other Exchange Offers and Consent Solicitations, although the Issuers, in their sole discretion, may waive such condition at any time with respect to any one or more of the Exchange Offers.
  • The Exchange Offers and the Consent Solicitations are being made pursuant to the terms and subject to the conditions set forth in the offering memorandum and consent solicitation statement, dated November 27, 2023 (the “Offering Memorandum and Consent Solicitation Statement”).
  • King & Co., Inc., the exchange agent and the information agent in connection with the Exchange Offers and the Consent Solicitations, at (800) 713-9960 (toll free) or (212) 269-5550 (banks and brokers).

Resourcing Tomorrow Outstanding Achievement Awards Announces Full List of Nominations

Retrieved on: 
Thursday, November 9, 2023
Gold, ESG, Divisional patent application, Food, OZ Minerals, World Gold Council, Acquisition, Wheaton, BHP, Mineral, Partnership, Wheaton Precious Metals, Keynote, Vale, Entertainment, Bookkeeping, Mining, Newcrest Mining, Newmont

Following the end of the submission period, the long list of nominations is officially in for the 20th edition of the most prestigious mining awards ceremony - the Resourcing Tomorrow Outstanding Achievement Awards.

Key Points: 
  • London, United Kingdom--(Newsfile Corp. - November 9, 2023) - Following the end of the submission period, the long list of nominations is officially in for the 20th edition of the most prestigious mining awards ceremony - the Resourcing Tomorrow Outstanding Achievement Awards .
  • Taking place on November 30th, These awards highlight excellence across the board, from groundbreaking exploration projects to inspiring tech innovations, industry deals, and visionary leaders and CEOs.
  • Among the nominations, some of the world's blockbuster transactions are of course in there, including Newmont's acquisition of Newcrest and BHP's purchase of OZ Minerals.
  • But it's not just about the awards - the Resourcing Tomorrow Outstanding Achievement Awards Ceremony is an unforgettable evening of celebration with great food, fantastic entertainment and networking with the industry's best and brightest.

VIDEO - Metallic Minerals: Expanding Exploration and Development with Key Assets CEO Clips Video

Retrieved on: 
Friday, October 27, 2023
Plata, Platinum, Metallic, Gold rush, Newmont, Discovery Channel, Discovery Channel (Australia and New Zealand), Mining, Newcrest Mining

Vancouver, British Columbia--(Newsfile Corp. - October 27, 2023) - Metallic Minerals Corp. (TSXV: MMG) (OTCQB: MMNGF) - a key player in precious metal and critical mineral exploration and development holds a trio of compelling assets in North America.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - October 27, 2023) - Metallic Minerals Corp. (TSXV: MMG) (OTCQB: MMNGF) - a key player in precious metal and critical mineral exploration and development holds a trio of compelling assets in North America.
  • The La Plata copper-silver-gold project in Colorado is hosted in a major alkalic porphyry system with platinum and palladium credits.
  • The Keno Silver project in the Yukon Territory is set to announce its inaugural resource by year-end.
  • Metallic is also collaborating on its alluvial gold royalty properties with Parker Schnabel of Discovery Channel's "Gold Rush" program.