Newcrest Mining

Lazard Ltd Reports Second-Quarter and First-Half 2023 Results

Retrieved on: 
Thursday, July 27, 2023

For the second quarter of 2023, Financial Advisory operating revenue was $344 million, 15% lower than the second quarter of 2022.

Key Points: 
  • For the second quarter of 2023, Financial Advisory operating revenue was $344 million, 15% lower than the second quarter of 2022.
  • For a list of publicly announced Financial Advisory transactions on which Lazard advised in the second quarter of 2023, or continued to advise or completed since June 30, 2023, please visit our website at www.lazard.com/financial-advisory/transactions/ .
  • AUM as of June 30, 2023, was $239 billion, 3% higher than March 31, 2023, and 10% higher than June 30, 2022.
  • ET on July 27, 2023, to discuss the company’s financial results for the second quarter of 2023 and first half of 2023.

Imperial Reports Production and Red Chris Exploration Update for 2023 Second Quarter

Retrieved on: 
Tuesday, July 25, 2023

VANCOUVER, British Columbia, July 24, 2023 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (“Imperial” or the “Company”) (TSX:III) reports quarterly copper and gold production from Mount Polley and Red Chris mines.

Key Points: 
  • VANCOUVER, British Columbia, July 24, 2023 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (“Imperial” or the “Company”) (TSX:III) reports quarterly copper and gold production from Mount Polley and Red Chris mines.
  • The Red Chris Block Cave Feasibility Study is expected to be completed in the second half of 2023.
  • The exploration program at Red Chris is focused on the discovery of additional zones of higher-grade mineralization within the Red Chris porphyry corridor.
  • Jim Miller-Tait, P.Geo., Imperial Metals Vice President Exploration, is the designated Qualified Person as defined by National Instrument 43-101 for the Red Chris exploration program and has reviewed this news release.

Newmont Announces Canadian Competition Bureau Clearance for Acquisition of Newcrest

Retrieved on: 
Tuesday, July 18, 2023

Newmont Corporation (NYSE: NEM, TSX: NGT) today announced that the Canadian Competition Bureau issued a “no action” letter clearing Newmont’s previously announced transaction with Newcrest Mining Limited (ASX, TSX, PNGX: NCM) under Canadian competition law.

Key Points: 
  • Newmont Corporation (NYSE: NEM, TSX: NGT) today announced that the Canadian Competition Bureau issued a “no action” letter clearing Newmont’s previously announced transaction with Newcrest Mining Limited (ASX, TSX, PNGX: NCM) under Canadian competition law.
  • Newmont is progressing towards receiving regulatory approvals in other jurisdictions for a transaction close expected in the fourth quarter.
  • On May 14, Newmont announced a definitive agreement to acquire Newcrest.
  • The combination would create a world-class portfolio of assets with the highest concentration of Tier 1 operations, primarily in favorable, low-risk mining jurisdictions.

Newmont Defers Investment Decision for Yanacocha Sulfides Project to Advance Portfolio Optimization Strategy

Retrieved on: 
Tuesday, June 20, 2023

Newmont Corporation (NYSE: NEM, TSX: NGT) today announced it will defer the full-funds investment decision for the Yanacocha Sulfides project in Peru (the Project) for at least two years to advance its portfolio optimization strategy designed to maximize returns for shareholders and create long-term value for other stakeholders1.

Key Points: 
  • Newmont Corporation (NYSE: NEM, TSX: NGT) today announced it will defer the full-funds investment decision for the Yanacocha Sulfides project in Peru (the Project) for at least two years to advance its portfolio optimization strategy designed to maximize returns for shareholders and create long-term value for other stakeholders1.
  • “In connection with this transaction and our strategy to create lasting value, we are targeting at least $2 billion in near-term cash flow improvements through portfolio optimization within the first two years.
  • This analysis and investment to date will be integral to preparing for a full-funds decision, and will continue to support the Project when construction resumes.
  • Mr. Palmer continued, “Newmont has a long history of operating in Peru, and Yanacocha is core to Newmont’s portfolio and long-term strategy.

Tahltan Nation Development Corporation’s Aviation Partner - Central Mountain Air Signs Agreement With Newcrest to Provide Air Transportation of Mine Crews

Retrieved on: 
Wednesday, June 14, 2023

DEASE LAKE, British Columbia, June 14, 2023 (GLOBE NEWSWIRE) -- The Tahltan Nation Development Corporation (TNDC) is pleased to announce that its aviation partner, Central Mountain Air (CMA) has secured a new five year-agreement with Newcrest Mining Limited (Newcrest) to provide air transportation for their Red Chris mine crews.

Key Points: 
  • DEASE LAKE, British Columbia, June 14, 2023 (GLOBE NEWSWIRE) -- The Tahltan Nation Development Corporation (TNDC) is pleased to announce that its aviation partner, Central Mountain Air (CMA) has secured a new five year-agreement with Newcrest Mining Limited (Newcrest) to provide air transportation for their Red Chris mine crews.
  • TNDC’s goal is to be the Indigenous Partner of Choice – an integrated full-service provider and trusted partner to our clients.
  • Air charter services is critical to Newcrest’s operations, and we are pleased our aviation partner, Central Mountain Air continues to provide air charter services to this important client.
  • “Central Mountain Air looks forward to a lasting, meaningful, and respectful relationship with the Tahltan Nation.

Global Cloud Computing in Mining Market Intelligence Report 2023: In Cost and Quality, the Superior Option for Mining Companies are Public Cloud Environments Provided by Major Technology Players - ResearchAndMarkets.com

Retrieved on: 
Wednesday, June 7, 2023

Cloud in mining revenues will grow at a compound annual growth rate (CAGR) of 18.7% between 2021 and 2026.

Key Points: 
  • Cloud in mining revenues will grow at a compound annual growth rate (CAGR) of 18.7% between 2021 and 2026.
  • However, the possibilities for the technologies that depend on cloud are still expanding, so spending on cloud by mining companies continues to grow fast.
  • The better transparency, traceability, and visibility available with cloud enables companies to comply with regulations and validate their performance more easily.
  • Quantify the global sales opportunity for cloud computing for the mining industry by accessing the publisher's market size and forecasts (2019-2024), produced by our mining and technology analysts

Lifshitz Law PLLC Announces Investigations of OKE, MMP, and NEM

Retrieved on: 
Sunday, May 21, 2023

Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the merger of OKE and Magellan Midstream Partners, L.P.

Key Points: 
  • Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the merger of OKE and Magellan Midstream Partners, L.P.
  • Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the merger of MMP and ONEOK, Inc.
  • Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the merger of NEM and Newcrest Mining Ltd.
  • The law firm responsible for this advertisement is Lifshitz Law PLLC, 1190 Broadway, Hewlett, New York 11557, Tel: (516)493-9780.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates UBA, UBP, NEM, EMAN

Retrieved on: 
Friday, May 19, 2023

If you are an Urstadt Biddle shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are an Urstadt Biddle shareholder, click here to learn more about your rights and options .
  • If you are a Newmont shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

NEM Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Newmont Corporation Is Fair to Shareholders

Retrieved on: 
Monday, May 15, 2023

Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Newmont Corporation (NYSE: NEM) and Newcrest Mining Limited is fair to Newmont shareholders.

Key Points: 
  • Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Newmont Corporation (NYSE: NEM) and Newcrest Mining Limited is fair to Newmont shareholders.
  • Per the terms of the proposed merger, Newcrest shareholders would receive 0.400 Newmont shares for each Newcrest share held.
  • Upon completion of the proposed transaction, Newmont shareholders will own approximately 69% of the combined entity.
  • On behalf of Newmont shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

Newmont Enters into Definitive Agreement to Acquire Newcrest

Retrieved on: 
Sunday, May 14, 2023

“The combination of Newmont and Newcrest represents an exceptional value proposition for shareholders and other stakeholders.

Key Points: 
  • “The combination of Newmont and Newcrest represents an exceptional value proposition for shareholders and other stakeholders.
  • Newcrest shareholders may elect to receive CDIs representing a unit of beneficial ownership in Newmont common stock based on their country of residence.
  • 2 Premium analysis calculated by reference to the exchange ratio of 0.400x shares of Newmont for each Newcrest share held and a special dividend of up to USD$1.10 per Newcrest share.
  • Share prices based on NYSE and ASX trading of Newmont and Newcrest shares, respectively, as at close of February 3, 2023.