Welcome to our dedicated page for Newmont news (Ticker: NEM), a resource for investors and traders seeking the latest updates and insights on Newmont stock.
Newmont Corporation reports news on gold mining operations, mineral reserves, project development and capital allocation across its global portfolio. The company is a gold producer that also produces copper, zinc, lead and silver, with assets and prospects in Africa, Australia, Latin America & Caribbean, North America and Papua New Guinea.
Recurring updates include quarterly and annual results, gold and by-product production, cost and capital guidance, mineral reserve statements, dividends, share repurchase authorizations, debt reduction and portfolio optimization. Company news also covers operational milestones such as commercial production at Ahafo North in Ghana, exploration and organic project pipeline activity, and governance or leadership matters tied to its mining organization.
Newmont Corporation (NYSE: NEM) will report its second quarter 2021 financial results on July 22, 2021, before the market opens. A conference call will take place at 10 a.m. ET to discuss these results. Investors can access the earnings call via the webcast and find the report on the Company’s website under the “Investor Relations” section. Newmont is recognized as the leading gold producer globally and emphasizes strong ESG practices.
Newmont Corporation (NYSE: NEM) has launched its inaugural Climate Strategy Report in alignment with the Task Force on Climate-related Financial Disclosures. The report outlines the company's climate-related risks, strategic planning, and pathways toward achieving its 2030 greenhouse gas emission targets, including 32% reduction in Scope 1 and 2 emissions. Newmont is one of the few gold mining companies with climate targets approved by the Science Based Target initiative (SBTi). The company has also committed $500 million to its Carbon Reduction Fund to support these initiatives.
Summary not available.
Newmont Corporation (NYSE:NEM) has completed its acquisition of GT Gold Corp. (TSX-V:GTT), securing the remaining 85.1% of common shares. This acquisition includes the Tatogga project, primarily the Saddle North deposit, which holds significant potential for future gold and copper production. Newmont's CEO, Tom Palmer, emphasized the importance of collaborating with the Tahltan Nation and the Government of British Columbia for project advancement. The deal enhances Newmont's portfolio in the Golden Triangle of British Columbia, which also includes its 50% stake in the Galore Creek project.
Summary not available.
Newmont Corporation (NYSE: NEM) reported solid first quarter 2021 results, producing 1.5 million ounces of gold and generating $841 million in cash from operations. The company's cost of gold sold was $752 per ounce, with an all-in sustaining cost of $1,039 per ounce. Newmont declared a consistent dividend of $0.55 per share and ended the quarter with $5.5 billion in cash. The company reduced debt by $550 million and launched a $3.0 billion sustainability-linked credit facility. Notably, production is expected to improve in the second half of the year, supported by the acquisition of GT Gold.
Newmont Corporation (NYSE: NEM) announced that over 90% of its shareholders endorsed all proposals at the Annual General Meeting. This includes a strong vote of confidence in the leadership team and the appointment of Gregory H. Boyce as Independent Chair of the Board. Boyce succeeds Noreen Doyle, enhancing the company’s governance. Tom Palmer, President and CEO, expressed gratitude for Doyle's leadership and optimism for the future as the company marks its 100th anniversary. Newmont is the leading gold company, recognized for its sustainable practices and strong operational capabilities.
Newmont Corporation (NYSE: NEM) announced a quarterly dividend of $0.55 per share, payable on June 17, 2021, to shareholders on record as of June 3, 2021. The decision on future dividends will depend on the company's financial performance and other relevant factors. As the only gold producer in the S&P 500 Index, Newmont is noted for its strong governance practices, technical expertise, and robust operational standards. However, the Board cautioned that future dividends are not guaranteed and are subject to market conditions and various risks, including those associated with COVID-19.
Newmont Corporation (NYSE: NEM) will report its first quarter 2021 operational and financial results before market open on April 29, 2021. A conference call will be held at 10 a.m. ET that same day, accessible via dial-in and webcast. The results can be found on the Company’s website in the “Investor Relations” section. Newmont is a leading producer of gold, copper, silver, zinc, and lead, recognized for its commitment to environmental, social, and governance practices.
Summary not available.