Newmont Corp - NEM STOCK NEWS

Newmont Corporation (NYSE: NEM, TSX: NGT) will report its full year and Q4 2020 financial results on February 18, 2021, before market opens. A conference call is scheduled for 10 a.m. ET on the same day, also available via their website. Investors can access the results from the Investor Relations section of Newmont's website. With its global presence in mining, Newmont emphasizes its commitment to environmental, social, and governance practices.

Newmont Corporation (NYSE: NEM, TSX: NGT) will release its 2020 Reserves and Resources before market opens on February 10, 2021. An exploration update conference call is scheduled for 9 a.m. Eastern Time on the same day. Participants can join via specific dial-in numbers provided, and the event will also be available as a webcast on Newmont's website, where archive materials will be accessible post-conference. Newmont is recognized as the world's leading gold producer with a global portfolio of mining assets.

Newmont Corporation (NYSE: NEM, TSX: NGT) has successfully integrated the Alumbrera mine and infrastructure with Yamana Gold's Agua Rica project, creating the MARA project. This integration finalizes a joint venture where Newmont holds 18.75%, Glencore 25%, and Yamana 56.25%. President and CEO Tom Palmer highlighted that this partnership enhances the sustainability of both sites. The Agua Rica project will leverage Alumbrera's existing infrastructure to process ore, unlocking significant value and contributing to Newmont's world-class portfolio.

Newmont Corporation (NYSE: NEM) announced a robust outlook for gold production, projecting 6.5 million ounces for 2021 and between 6.2 to 6.7 million ounces for 2022-2023. The All-in Sustaining Costs (AISC) are forecasted to improve from $970 per ounce in 2021 to $800-$900 by 2024-2025. Capital expenditures are estimated at $950 million for 2021, with a sustainable dividend of $1.00 per share. Additionally, Newmont is investing $500 million in climate initiatives to cut emissions by 30% by 2030. The company aims for a stable, growth-focused trajectory while returning over $2.7 billion to shareholders since 2019.

Newmont Corporation (NYSE: NEM) announced the successful completion of two critical projects at its Musselwhite mine in Ontario, Canada. The full commissioning of the conveyor system and the material handling project will enhance efficiency by reducing haul distances, allowing ore to be moved from underground crushers to the surface effectively. CEO Tom Palmer highlighted the team's efforts in overcoming challenges posed by COVID-19, emphasizing Musselwhite's long-term significance in Newmont's North America portfolio.

Newmont Corporation (NYSE: NEM) will release its 2021 guidance and long-term outlook before the market opens on December 8, 2020. An investor update conference call is scheduled for 9 a.m. ET the same day. The conference call, which will also be available on the Company's website, aims to provide insights into Newmont's strategic direction and overall performance. Interested parties can join via the provided dial-in numbers or access the webcast online.

Newmont Corporation (NYSE: NEM) has been included in the Dow Jones Sustainability™ World Index for the 13th consecutive year, ranking in the top 10% of the largest 2,500 companies. The assessment evaluates ESG performance via the 2020 SAM Corporate Sustainability Assessment, where Newmont was the top-ranked gold miner for the sixth year in a row. The company also announced greenhouse gas emissions reduction goals of 30% by 2030 and aims for net zero by 2050, highlighting its commitment to sustainable practices.

Newmont Corporation (NYSE: NEM) has announced ambitious climate targets, aiming for a 30% reduction in greenhouse gas emissions by 2030 and net zero carbon emissions by 2050. This new target builds on a previous commitment of 16.5% reduction achieved from 2016 to 2020. The company is implementing science-based criteria aligned with the Science-Based Targets Initiative (SBTi) to develop emissions reduction pathways and contribute to the Paris Agreement. Key measures include enhanced investment standards and annual reporting via TCFD guidelines.

Newmont Corporation (NYSE: NEM) reported third quarter 2020 results, achieving a record adjusted EBITDA of $1.7 billion and free cash flow of $1.3 billion. The company produced 1.5 million attributable ounces of gold, with a consolidated cash position of $4.8 billion. Newmont declared a quarterly dividend of $0.40 per share, marking a 60% increase from the previous quarter. The company remains on track to meet its full-year guidance and has formed joint ventures in Colombia and Canada. Health and safety protocols continue amidst the Covid pandemic.