Newmont Corporation

University Study Pinpoints Enduro's Burgundy System as Galore Creek Suite

Monday, January 18, 2021 - 2:32pm

Results from this study are part of an ongoing exploration initiative to fingerprint the 4 major systems at Newmont Lake.

Key Points: 
  • Results from this study are part of an ongoing exploration initiative to fingerprint the 4 major systems at Newmont Lake.
  • "Learning that Burgundy falls directly within the time window that formed Galore Creek is an important step forward that will help us narrow our targeting efforts in the area."
  • Burgundy is a minimum 2.3km long trend of alkalic copper-gold porphyry occurrences found in the western half of the Newmont Lake Project.
  • Galore Creek is a world-class copper-gold-silver alkalic porphyry deposit located 30km northwest of Burgundy on Enduro's Newmont Lake Project.

Eldorado Provides 2021 Guidance and Five-Year Outlook; Announces Management Appointments

Thursday, January 14, 2021 - 10:36pm

Simon Hille joined Eldorado in November, 2020 as Vice President, Technical Services.

Key Points: 
  • Simon Hille joined Eldorado in November, 2020 as Vice President, Technical Services.
  • Prior to joining Eldorado, Simon was with Newmont (Goldcorp), as Group Executive, Technical Engineering and Global Projects.
  • Eldorado is a gold and base metals producer with mining, development and exploration operations in Turkey, Canada, Greece, Romania, and Brazil.
  • Except as required by law, we do not expect to update forward-looking statements and information continually as conditions change.

First Vanadium Options Gold Property from Mathewson in Battle Mtn - Eureka Gold Trend, Nevada

Thursday, January 14, 2021 - 2:40pm

Mr. Mathewson is a renowned Nevada gold specialist and former Newmont Mining Corporation Regional Exploration Manager.

Key Points: 
  • Mr. Mathewson is a renowned Nevada gold specialist and former Newmont Mining Corporation Regional Exploration Manager.
  • Mr. Mathewson was instrumental in several significant gold discoveries in the Rain and Railroad Mining Districts in the southern portion of the Carlin Gold Trend.
  • The Battle Mtn - Eureka Gold Trend rivals the Carlin Gold Trend in gold production and prospectivity.
  • Nevada Gold will retain a 3% Net Smelter Return Royalty ("NSR") on any mineral products derived from the AVP Property.

Newmont Announces $1.0 Billion Share Repurchase Program

Thursday, January 14, 2021 - 12:30pm

Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) today announced its Board of Directors has approved a share repurchase program for up to $1.0 billion of common equity, to be completed over the next 18 months.

Key Points: 
  • Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) today announced its Board of Directors has approved a share repurchase program for up to $1.0 billion of common equity, to be completed over the next 18 months.
  • The share repurchase program builds on the $1.0 billion 2020 program, which retired 22 million shares at an average price of $45 per share.
  • The share repurchase program is among a number of tools we have the flexibility to deploy to provide the most superior set of returns to shareholders over time.
  • The repurchase program may be discontinued at any time, and the program does not obligate the Company to acquire any specific number of shares of its common stock or to repurchase the full $1.0 billion amount during the authorization period.

Ridgeline Minerals Intersects Wenban Formation and Drills 0.22 g/t Gold and 860 g/t Silver over 0.2 Meters at the Swift Project, Nevada

Wednesday, January 13, 2021 - 1:30pm

Data from the Phase I program will aid in vectoring towards higher grade gold targets in Ridgeline's 2021 Phase II drill program.

Key Points: 
  • Data from the Phase I program will aid in vectoring towards higher grade gold targets in Ridgeline's 2021 Phase II drill program.
  • SW20-001 & SW2-002 intersected Lower Plate carbonate host rocks interpreted as the Wenban and Roberts Mountains formation starting at 425 m vertical depth.
  • Significance - The Wenban formation had not previously been intersected with historic drilling at Swift and is considered the primary gold host (see Swift Stratigraphic Section ) to the Nevada Gold Mines owned Cortez Complex (34.8 Moz.
  • Notable examples include the Nevada Gold Mines, (a joint venture between Barrick Gold and Newmont Mining Corp.) owned Goldstrike, Pipeline, Cortez Hills and Goldrush deposits.

Calibre Exceeds High-End of 2020 Production Guidance Range; 2021 Production Guidance of between 170,000 and 180,000 ounces of Gold Represents Top-Line Growth of ~30%

Tuesday, January 12, 2021 - 12:00pm

Calibre Mining is a Canadian-listed gold mining and exploration company with two 100%-owned operating gold mines in Nicaragua.

Key Points: 
  • Calibre Mining is a Canadian-listed gold mining and exploration company with two 100%-owned operating gold mines in Nicaragua.
  • The Company believes that investors use certain non-IFRS measures as indicators to assess gold mining companies, specifically Total Cash Costs per Ounce and All-In Sustaining Costs per Ounce.
  • In the gold mining industry, these are common performance measures but do not have any standardized meaning.
  • Total cash costs per gold ounce are net of by-product silver sales and are divided by gold ounces sold to arrive at a per ounce figure.

Eldorado Gold Achieves 2020 Production Guidance; Appoints New Chair of the Board

Friday, January 8, 2021 - 12:19am

The Company also announced today that Steve Reid has been appointed Chair of the Board, replacing George Albino, who will remain on the Eldorado Board as a Director.

Key Points: 
  • The Company also announced today that Steve Reid has been appointed Chair of the Board, replacing George Albino, who will remain on the Eldorado Board as a Director.
  • Steve Reid has served as a Director on the Eldorado Board since May 2013.
  • He served as the Executive Vice President and Chief Operating Officer for Goldcorp Inc. from 2007 to September 2012.
  • Eldorado is a gold and base metals producer with mining, development and exploration operations in Turkey, Canada, Greece, Romania and Brazil.

Newmont Announces Full Year and Fourth Quarter 2020 Results

Thursday, January 7, 2021 - 1:55pm

The full year and fourth quarter 2020 results will be available before the market opens on Thursday, February 18, 2021 on the Investor Relations section of the Companys website, www.newmont.com .

Key Points: 
  • The full year and fourth quarter 2020 results will be available before the market opens on Thursday, February 18, 2021 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.

Newmont to Provide Reserves and Exploration Update

Tuesday, January 5, 2021 - 1:55pm

Additionally, the conference call will be archived for a limited time on the Companys website.

Key Points: 
  • 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.
  • Newmont was founded in 1921 and has been publicly traded since 1925.

Probe Metals Intersects 7.3 g/t Au over 10.4 metres on the Monique Mining Lease, Val-d’Or East Project

Tuesday, January 5, 2021 - 11:30am

In addition to the new RE, Probe Metals is in the process of completing its first Preliminary Economic Assessment (PEA) on the Val-dOr East project this year.

Key Points: 
  • In addition to the new RE, Probe Metals is in the process of completing its first Preliminary Economic Assessment (PEA) on the Val-dOr East project this year.
  • The new exploration program will consist of drilling, Induced Polarisation geophysics (IP), updated 3D geological models and new technical work to advance the Project.
  • Probe has already reported positive results from detailed preliminary environmental geochemical characterization covering the area of the main Pascalis, Courvan and Monique trends.
  • The Company was formed as a result of the sale of Probe Mines Limited to Goldcorp Inc. in March 2015.