NGT

Newmont Completes $20 Million Global Community Support Fund, Partnering with Communities for Greater Resilience Post-Pandemic

Retrieved on: 
Friday, April 5, 2024
COVID-19, Infectious Diseases, Professional Services, Philanthropy, Mining, Minerals, Health, Environmental, Social and Governance (ESG), Other Philanthropy, Natural Resources, Employment, Partnership, Corporation, Crown Agents, Research, Recovery, NGT, Regional hospital, ASX, Incubator, Food security, Laboratory, Organic, Infection, TSX, Personal protective equipment, NEM, Vaccination, Safety, Eeyou Istchee, Sustainability, Multimedia, Fund, The Colorado Health Foundation, Ministry, NCD, Notifiable disease, PPE, Pharmaceutical industry

The objective of this fund was to provide critical financial resources to host communities where Newmont operates, targeting funds to address immediate impacts of the global pandemic while catalyzing long-term resiliency and future community development.

Key Points: 
  • The objective of this fund was to provide critical financial resources to host communities where Newmont operates, targeting funds to address immediate impacts of the global pandemic while catalyzing long-term resiliency and future community development.
  • $500,000 donation matched by the Colorado Health Foundation resulting in a $1 million total donation to the Colorado Community Support Fund to support community health and prevention for underserved populations in the state.
  • $300,000 donated to the American Red Cross Global Disaster Preparedness Center to support research and local-level grants for emergency response community resilience.
  • Crown Agents is proud to collaborate with Newmont and the Ministry of Health to contribute to the health and resilience of Suriname."

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.

Newmont Announces Balanced Capital Allocation Strategy and Return of Capital Framework Supported by Portfolio of Tier 1 Operations and Projects*

Retrieved on: 
Thursday, February 22, 2024
Mining, Minerals, Natural Resources, NGT, Nevada Gold Mines, Share repurchase, TSX, GEO, Growth, Cerro Negro, NEM, Commitment, Coffee, ASX, Acute and obtuse triangles, Gold, CAS, Corporation, Yanacocha, AISC, CC, Water

"Newmont's go-forward portfolio is the new standard for gold and copper mining," said Tom Palmer, Newmont's President and Chief Executive Officer.

Key Points: 
  • "Newmont's go-forward portfolio is the new standard for gold and copper mining," said Tom Palmer, Newmont's President and Chief Executive Officer.
  • It is from this platform that Newmont has established a balanced shareholder return framework, designed to return capital to shareholders through a stable base dividend and share repurchase program.
  • Newmont’s Tier 1 portfolio also includes attributable production from the Company’s equity interest in Lundin Gold (Fruta del Norte).
  • Tier 1 Portfolio cost and capital metrics include the proportional share of the Company’s interest in the Nevada Gold Mines Joint Venture.

Newmont Completes COO Transition

Retrieved on: 
Thursday, February 22, 2024
Mining, Minerals, Natural Resources, Acquisition, NGT, Multimedia, TSX, NEM, University of Strathclyde, Goldcorp, ASX, Corporation, Management

Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) announces today the completion of its Chief Operating Officer (COO) transition following a five-month handover period.

Key Points: 
  • Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) announces today the completion of its Chief Operating Officer (COO) transition following a five-month handover period.
  • Beginning next week, Rob Atkinson will transition all of his remaining responsibilities to Newmont’s new COO, Natascha Viljoen .
  • He will then officially step down from the Newmont Executive Leadership Team, effective May 2, 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240222459918/en/
    “Rob Atkinson has played a pivotal leadership role in Newmont in recent years.

Newmont and Project C.U.R.E. – Two Decades of Partnership Delivering Global Medical Support

Retrieved on: 
Thursday, February 8, 2024
General Health, Professional Services, Philanthropy, Mining, Minerals, Training, Natural Resources, Fund Raising, Education, Foundation, Medical Supplies, Environmental, Social and Governance (ESG), Health, Project, International Medical Corps, NGT, American Red Cross, Mortality, Partnership, TSX, Corporation, Developed country, Multimedia, ASX, Patient, NEM, Disease, Nursing

View the full release here: https://www.businesswire.com/news/home/20240208935869/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240208935869/en/
    Newmont and Project C.U.R.E.’s partnership has created a positive economic ripple effect across 36 countries.
  • (Graphic: Business Wire)
    “Creating a positive impact on more than 10 million people globally, through our partnership with Project C.U.R.E.
  • “For nearly two decades, our partnership has helped deliver support to host communities near our operations and around the world.
  • Contributing $5 million to support humanitarian efforts relating to the ongoing war in Ukraine, providing direct support to Project C.U.R.E., the American Red Cross and International Medical Corps.

European Parliament Votes to Support Proposal for the Regulation of New Genomic Techniques

Retrieved on: 
Wednesday, February 7, 2024
Nature, Policy, Plant, CBUS, SAN, Civil service commission, Senior, NGT, Legislation, Agriculture, Gene editing, NASA Exoplanet Archive, Environment, European, Food, Government, Climate, Pesticide, European Commission, European Parliament, EU Council, International development, Disease, Natural Resources, Farmer, Eus, European Council, MEP, Breeding, Parliament

The European Parliament completes a landmark vote in favour of the European Commission proposal to introduce a new regulation for plants obtained by certain new genomic techniques (NGTs) and their food and feed.

Key Points: 
  • The European Parliament completes a landmark vote in favour of the European Commission proposal to introduce a new regulation for plants obtained by certain new genomic techniques (NGTs) and their food and feed.
  • Cibus applauds the EU Parliament supporting a science-based approach developed following many years of discussion and engagement with stakeholders and expert groups.
  • The EU Parliament met 5-8 February in Strasbourg and, following a debate on Tuesday Feb 6th, the Parliament voted in favour of the NGT legislation the following day.
  • MEP and rapporteur Jessica Polfjärd said of the vote, “Historic step forward: the European Parliament supports my proposal for sustainable use of new genomic techniques (NGT).

Press release - New Genomic Techniques: MEPs back rules to support green transition of farmers

Retrieved on: 
Wednesday, February 7, 2024
Food security, Plant, NGT, Legislation, GMO, EPP, Genetically modified organism, NASA Exoplanet Archive, Safety, Intellectual property, Climate, Pesticide, CO2, Perception, Farmer, Commission, Parliament, Agriculture

Currently, all plants obtained by NGTs are subject to the same rules as genetically modified organism (GMOs).

Key Points: 
  • Currently, all plants obtained by NGTs are subject to the same rules as genetically modified organism (GMOs).
  • MEPs agree with the proposal to have two different categories and two sets of rules for NGT plants.
  • MEPs want to keep mandatory labelling of products from both NGT 1 and NGT 2 plants.
  • To ensure transparency, MEPs agree to set up a public online list of all NGT 1 plants.

As Today’s Global Market Fluctuates with Uncertainty, Some Analysts Forecasting Upside in Times Ahead for Gold

Retrieved on: 
Tuesday, January 30, 2024
Iamgold, Kinross Gold, Health, Growth, OTCQX, Senior, Vein, NGT, G/T, Newmont, USD, GOLD, Uncertainty, PALM, Investment, TSX, Barrick Gold, Gold mining, Mining, NEM, Antamina mine, Gold, IAG, News, Compound annual growth rate, KGC, ETW, Nightclub

Increase in demand for gold and increase in the use of gold in various industries drive the growth of the gold mining market.

Key Points: 
  • Increase in demand for gold and increase in the use of gold in various industries drive the growth of the gold mining market.
  • By 2030, the global Gold Mining market size is projected to reach multimillion figures, displaying an unexpected compound annual growth rate between 2024 and 2030.
  • Market Reports World continued: “A significant driver of the Gold Mining market is the growing consumer awareness of health and wellness.
  • In summary, the outlook for the Gold Mining market is optimistic, with sustained growth expected in the coming years.

Article - New plant breeding techniques to boost resilience of food system

Retrieved on: 
Sunday, February 4, 2024
Plant, Public, Civil service commission, NGT, Legislation, GMO, Genetically modified organism, DNA, Risk assessment, Gene, NASA Exoplanet Archive, Biotechnology, Pesticide, European Commission, Food safety, Disease, Food, Farmer, Commission, Breeding, Committee, Parliament, Genome, Seed, Agriculture

The EU wants to increase the sustainability of its food supply and reduce the need for pesticides with new rules on plant breeding techniques.

Key Points: 
  • The EU wants to increase the sustainability of its food supply and reduce the need for pesticides with new rules on plant breeding techniques.
  • Plant breeding is an ancient practice used to create new plant varieties from existing varieties to obtain qualities such as higher yields, enhanced nutrition or better resistance to disease.
  • Nowadays, thanks to advances in biotechnology, new plant varieties can be developed faster and in a more precise manner by editing their genetic structure.
  • New EU rules
    In July 2023, the European Commission proposed a new regulation on plants produced by certain new genomic techniques.