Newmont

Newmont Reached a Preliminary Agreement with Peñasquito Mine’s Union

Retrieved on: 
Friday, October 6, 2023

Newmont Corporation (NYSE: NEM, TSX: NGT) confirms it has reached a preliminary agreement with the National Union of Mine, Metal, and Allied Workers of the Mexican Republic (the Union) aiming to end the strike initiated by the Union on June 7, 2023 at Minera Peñasquito in the Mexican state of Zacatecas.

Key Points: 
  • Newmont Corporation (NYSE: NEM, TSX: NGT) confirms it has reached a preliminary agreement with the National Union of Mine, Metal, and Allied Workers of the Mexican Republic (the Union) aiming to end the strike initiated by the Union on June 7, 2023 at Minera Peñasquito in the Mexican state of Zacatecas.
  • The preliminary agreement was ratified by the General Assembly of the Union on October 5, 2023.
  • This preliminary agreement is intended to be formalized into a definitive agreement, which the parties will have to agree, approve, sign, and file with the Federal Labor Tribunal for Collective Affairs in Mexico City for final approval.
  • This process is expected to conclude in the coming days, which would bring the strike to an end and enable the Company to start the execution of the return to work plan to ensure a safe restart of operations.

Safety, Stability and Upside in Uncertain Times

Retrieved on: 
Tuesday, October 10, 2023

NEW YORK, Oct. 10, 2023 /PRNewswire/ -- In volatile economic conditions, smart money seeks stability and moves to safe havens. Historically, one of the safest places and most stable spaces during economic uncertainty is gold, a highly liquid asset that preserves and even increases in value over time and carries no credit risk. The precious metal benefits from multiple levers of demand such as gold jewelry, tech/industrial use and a reserve asset as well as a strategic investment. History has shown that gold's variable demand pressures enhance a portfolio by improving diversification, providing liquidity and delivering long-term returns. Reacting to uncertainties, many gold mining companies, including GEMXX Corp. (OTCPK: GEMZ) (profile), have enjoyed significant growth during the recent volatility. Exploding past startup phase and achieving global growth in mere months, GEMXX is fast approaching a holy grail that differentiates GEMXX from all others in the gold space – a vertically integrated mining company – a unique mine-to-market enterprise that specializes in gold and gemstone mining as well as jewelry creation, production and global sales. GEMXX owns and controls every aspect of the process from gold mining and gemstone finishing to jewelry manufacturing and global distribution. Other larger mining companies may not have the unique vertical integration of GEMXX but are still seeing success in the precious metal sector including Agnico Eagle Mines Ltd. (NYSE: AEM), which recently reported record second-quarter numbers; Barrick Gold (NYSE: GOLD), which anticipates a second half of the year performance that surpasses its first; Newmont Mining (NYSE: NEM), which has received required approvals on a key acquisition announced earlier this year; and Franco-Nevada Corp. (NYSE: FNV), which has established a business model that provides investors with gold price and exploration optionality while limiting exposure to cost inflation.

Key Points: 
  • NEW YORK, Oct. 10, 2023 /PRNewswire/ -- In volatile economic conditions, smart money seeks stability and moves to safe havens.
  • Reacting to uncertainties, many gold mining companies, including GEMXX Corp. (OTCPK: GEMZ) ( profile ), have enjoyed significant growth during the recent volatility.
  • GEMXX owns and controls every aspect of the process from gold mining and gemstone finishing to jewelry manufacturing and global distribution.
  • GEMXX stands out as a leading producer of high-quality finished ammolite jewelry and is the only publicly traded ammolite company in the world.

Safety, Stability and Upside in Uncertain Times

Retrieved on: 
Tuesday, October 10, 2023

NEW YORK, Oct. 10, 2023 /PRNewswire/ -- In volatile economic conditions, smart money seeks stability and moves to safe havens. Historically, one of the safest places and most stable spaces during economic uncertainty is gold, a highly liquid asset that preserves and even increases in value over time and carries no credit risk. The precious metal benefits from multiple levers of demand such as gold jewelry, tech/industrial use and a reserve asset as well as a strategic investment. History has shown that gold's variable demand pressures enhance a portfolio by improving diversification, providing liquidity and delivering long-term returns. Reacting to uncertainties, many gold mining companies, including GEMXX Corp. (OTCPK: GEMZ) (profile), have enjoyed significant growth during the recent volatility. Exploding past startup phase and achieving global growth in mere months, GEMXX is fast approaching a holy grail that differentiates GEMXX from all others in the gold space – a vertically integrated mining company – a unique mine-to-market enterprise that specializes in gold and gemstone mining as well as jewelry creation, production and global sales. GEMXX owns and controls every aspect of the process from gold mining and gemstone finishing to jewelry manufacturing and global distribution. Other larger mining companies may not have the unique vertical integration of GEMXX but are still seeing success in the precious metal sector including Agnico Eagle Mines Ltd. (NYSE: AEM), which recently reported record second-quarter numbers; Barrick Gold (NYSE: GOLD), which anticipates a second half of the year performance that surpasses its first; Newmont Mining (NYSE: NEM), which has received required approvals on a key acquisition announced earlier this year; and Franco-Nevada Corp. (NYSE: FNV), which has established a business model that provides investors with gold price and exploration optionality while limiting exposure to cost inflation.

Key Points: 
  • NEW YORK, Oct. 10, 2023 /PRNewswire/ -- In volatile economic conditions, smart money seeks stability and moves to safe havens.
  • Reacting to uncertainties, many gold mining companies, including GEMXX Corp. (OTCPK: GEMZ) ( profile ), have enjoyed significant growth during the recent volatility.
  • GEMXX owns and controls every aspect of the process from gold mining and gemstone finishing to jewelry manufacturing and global distribution.
  • GEMXX stands out as a leading producer of high-quality finished ammolite jewelry and is the only publicly traded ammolite company in the world.

FROM MINE TO MINT: ROYAL CANADIAN MINT INTRODUCES A NEW SINGLE MINE GOLD MAPLE LEAF BULLION COIN IN PARTNERSHIP WITH NEWMONT

Retrieved on: 
Wednesday, October 4, 2023

99.99% Pure Gold Maple Leaf Single-Sourced Mine bullion coin is entirely composed of gold from Newmont's Éléonore gold mine in Northern Québec and is expertly refined by the Mint under a rigorous segregation protocol.

Key Points: 
  • 99.99% Pure Gold Maple Leaf Single-Sourced Mine bullion coin is entirely composed of gold from Newmont's Éléonore gold mine in Northern Québec and is expertly refined by the Mint under a rigorous segregation protocol.
  • This special gold bullion coin will soon be available through the Mint's network of official bullion distributors.
  • "As the world's recognized sustainability leader in gold mining, Newmont is honoured to supply the gold for the Royal Canadian Mint's Pure Gold Maple Leaf Single-Sourced coin from our Éléonore mine in Québec," said Tom Palmer, Newmont's President and Chief Executive Officer.
  • The reverse of the Mint's newest single-source mined pure gold coin features Walter Ott's detailed engraving of a Sugar Maple leaf, the hallmark of the Mint's Maple Leaf family of bullion coins.

Newmont Cleared by PNG’s Securities Commission to Proceed with Proposed Acquisition of Newcrest

Retrieved on: 
Wednesday, October 4, 2023

Newmont Corporation (NYSE: NEM, TSX: NGT) announced that the Securities Commission of Papua New Guinea (SCPNG) has granted the necessary exemptions and other requested confirmations under PNG capital markets law to allow the Company to proceed with its proposed acquisition of Newcrest Mining Limited (ASX, TSX, PNGX: NCM).

Key Points: 
  • Newmont Corporation (NYSE: NEM, TSX: NGT) announced that the Securities Commission of Papua New Guinea (SCPNG) has granted the necessary exemptions and other requested confirmations under PNG capital markets law to allow the Company to proceed with its proposed acquisition of Newcrest Mining Limited (ASX, TSX, PNGX: NCM).
  • Last week, the Philippine Competition Commission (PCC) also indicated its approval of the proposed transaction.
  • All of the government regulatory approvals necessary for the transaction to proceed have now been secured.
  • Newmont also plans to establish a secondary listing of Newmont stock depositary interests on the PNGX from closing of the transaction.

Newmont Assigned Stable A- Rating from Fitch

Retrieved on: 
Tuesday, October 3, 2023

Newmont Corporation (NYSE: NEM, TSX: NGT) today announced Fitch has assigned Newmont a first-time, long-term issuer default rating of A- with a stable outlook.

Key Points: 
  • Newmont Corporation (NYSE: NEM, TSX: NGT) today announced Fitch has assigned Newmont a first-time, long-term issuer default rating of A- with a stable outlook.
  • Fitch also assigned a rating of A- to Newmont’s senior unsecured debt.
  • These ratings reflect Newmont’s industry leadership, global scale and diversified operating position in low-risk jurisdictions to generate strong liquidity and modest leverage.
  • “The ratings from Fitch recognize Newmont’s ongoing financial strength and flexibility, which is supported by our proven strategy and industry leadership position,” said Tom Palmer, Newmont’s President and CEO.

Newmont Announces Executive Leadership Appointments

Retrieved on: 
Sunday, October 1, 2023

Newmont Corporation (NYSE: NEM, TSX: NGT) today announced leadership appointments that will further strengthen its operating model to support safe and profitable operations of the expanded portfolio of assets and projects.

Key Points: 
  • Newmont Corporation (NYSE: NEM, TSX: NGT) today announced leadership appointments that will further strengthen its operating model to support safe and profitable operations of the expanded portfolio of assets and projects.
  • As previously announced , Natascha Viljoen will be joining Newmont as Chief Operating Officer (COO) on October 2, 2023.
  • In addition to managing Newmont’s existing assets, she will oversee critical activities associated with incorporating Newcrest’s people and assets into Newmont, following the completion of the acquisition.
  • Newmont 's President and Chief Executive Officer, Tom Palmer, said:
    “These new appointments will allow Newmont to safely and efficiently make decisions to deliver the integration of Newcrest and ensure long-term world-class leadership across the larger business.

Newmont Announces Third Quarter 2023 Earnings Call

Retrieved on: 
Friday, September 29, 2023

Newmont Corporation (NYSE: NEM, TSX: NGT) today announced that it will release its third quarter 2023 operations and financial results on Thursday, October 26, 2023.

Key Points: 
  • Newmont Corporation (NYSE: NEM, TSX: NGT) today announced that it will release its third quarter 2023 operations and financial results on Thursday, October 26, 2023.
  • Newmont will hold a conference call at 10 a.m. Eastern Daylight Time (8:00 a.m. Mountain Daylight Time), the same day, which will be available on the Company’s website.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates CHS, AVID, AMTI, NEM

Retrieved on: 
Friday, September 29, 2023

If you are a Chico’s FAS shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Chico’s FAS shareholder, click here to learn more about your rights and options .
  • If you are an Avid 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.

SHAREHOLDER ALERT: Morris Kandinov Investigating AEL, FRGI, NEM, and THRN; Shareholders are Encouraged to Contact the Firm

Retrieved on: 
Friday, September 29, 2023

Morris Kandinov is investigating possible breaches of fiduciary duties and other violations of law related to Fiesta Restaurant Group, Inc.’s agreement to be acquired by Authentic Restaurant Brands.

Key Points: 
  • Morris Kandinov is investigating possible breaches of fiduciary duties and other violations of law related to Fiesta Restaurant Group, Inc.’s agreement to be acquired by Authentic Restaurant Brands.
  • Morris Kandinov is investigating possible breaches of fiduciary duties and other violations of law related to Newmont Corporation’s agreement to merge with Newcrest Mining Limited.
  • Morris Kandinov is investigating possible breaches of fiduciary duties and other violations of law related to Thorne HealthTech, Inc.’s agreement to be acquired by L Catterton.
  • Morris Kandinov LLP is a national law firm that specializes in recovering investment losses and protecting stockholder rights.