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Newmont Mining Corp (NEM.N)

NEM.N on New York Stock Exchange

37.46USD
22 Jun 2018
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Latest Key Developments (Source: Significant Developments)

Newmont Mining On Track To Return More Than $350 Million To Shareholders This Year
Thursday, 26 Apr 2018 

April 26 (Reuters) - Newmont Mining Corp ::CFO NANCY BUESE SAYS ON TRACK TO RETURN MORE THAN $350 MILLION TO SHAREHOLDERS THIS YEAR - CONF CALL.COO THOMAS PALMER SAYS EXPECT TO ACHIEVE THE HIGHEST PRODUCTION AND LOWEST COSTS IN THE FOURTH QUARTER - CONF CALL.  Full Article

Newmont Announces Q1 Adjusted Earnings Per Share $0.35
Thursday, 26 Apr 2018 

April 26 (Reuters) - Newmont Mining Corp ::NEWMONT ANNOUNCES FIRST QUARTER 2018 RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $0.35.Q1 REVENUE $1.8 BILLION VERSUS I/B/E/S VIEW $1.84 BILLION.Q1 GAAP EARNINGS PER SHARE $0.32 FROM CONTINUING OPERATIONS.Q1 EARNINGS PER SHARE VIEW $0.33 -- THOMSON REUTERS I/B/E/S.QTRLY AVERAGE REALIZED PRICE FOR GOLD WAS $1,326, AN IMPROVEMENT OF $107 PER OUNCE OVER PRIOR YEAR QUARTER.ATTRIBUTABLE GOLD PRODUCTION REMAINS UNCHANGED AT BETWEEN 4.9 AND 5.4 MILLION OUNCES IN 2018 AND 2019.QTRLY ATTRIBUTABLE GOLD PRODUCTION DECREASED TWO PERCENT TO 1.21 MILLION OUNCES.GOLD AISC ROSE EIGHT PERCENT TO $973 PER OUNCE FOR QUARTER.GOLD AISC OUTLOOK REMAINS UNCHANGED AT BETWEEN $965 AND $1,025 PER OUNCE IN 2018.ATTRIBUTABLE COPPER PRODUCTION FROM PHOENIX AND BODDINGTON DECREASED 8 PERCENT TO 12,000 TONNES FOR THE QUARTER.ATTRIBUTABLE COPPER PRODUCTION REMAINS UNCHANGED AT BETWEEN 40,000 AND 60,000 TONNES IN 2018 AND 2019.COPPER AISC REMAINS UNCHANGED AT BETWEEN $2.00 AND $2.20 PER POUND IN 2018.COPPER AISC FOR QUARTER ROSE 17 PERCENT TO $2.07 PER POUND ON HIGHER CAS.AHAFO MILL EXPANSION FIRST PRODUCTION IS EXPECTED IN H1 2019 WITH COMMERCIAL PRODUCTION EXPECTED IN H2 2019.NEWMONT MINING - TOTAL CAPITAL OUTLOOK REMAINS UNCHANGED AT $1,200 MILLION TO $1,300 MILLION IN 2018; CAPITAL EXPECTED TO REMAIN $730 MILLION TO $830 MILLION IN 2019.  Full Article

Newmont Announces Quarterly Dividend Of $0.14 Per Share
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Newmont Mining Corp ::NEWMONT ANNOUNCES QUARTERLY DIVIDEND OF $0.14 PER SHARE.  Full Article

Newmont Mining Corp Says CEO Gary Goldberg's FY 2017 Total Compensation Was $13.8 Mln Vs. $16.6 Mln In 2016 - SEC Filing
Friday, 9 Mar 2018 

March 9 (Reuters) - Newmont Mining Corp ::NEWMONT MINING CORP SAYS CEO GARY GOLDBERG'S FY 2017 TOTAL COMPENSATION WAS $13.8 MILLION VERSUS $16.6 MILLION IN FY 2016 - SEC FILING.  Full Article

Newmont Mining Expects Tax Reform To Result In Income Tax Expense Increase Between $200 Mln & $400 Mln
Friday, 22 Dec 2017 

Dec 22 (Reuters) - Newmont Mining Corp ::NEWMONT MINING- IDENTIFIED THAT REDUCTION IN U.S. CORPORATE INCOME TAX RATE TO 21% WILL RESULT IN RE-VALUATION OF DEFERRED TAX ASSETS, LIABILITIES.NEWMONT MINING- EXPECTS TAX REFORM TO RESULT IN ONE-TIME, NON-CASH INCREASE TO INCOME TAX EXPENSE OF BETWEEN $200 MILLION & $400 MILLION FOR YEAR ENDED DEC 31.  Full Article

Newmont Provides Updated 2018 And Longer-Term Outlook
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Newmont Mining Corp ::NEWMONT PROVIDES UPDATED 2018 AND LONGER-TERM OUTLOOK.NEWMONT MINING CORP - GOLD PRODUCTION IS EXPECTED TO REMAIN BETWEEN 4.9 AND 5.4 MILLION OUNCES IN 2019.NEWMONT MINING CORP SAYS INCREASING ATTRIBUTABLE GOLD PRODUCTION GUIDANCE TO BETWEEN 4.9 MILLION AND 5.4 MILLION OUNCES FOR 2018.NEWMONT MINING CORP - TOTAL CAPITAL GUIDANCE FOR 2018 REMAINS UNCHANGED BETWEEN $900 MILLION AND $1,000 MILLION.NEWMONT MINING CORP SAYS IMPROVING AISC GUIDANCE TO BETWEEN $965 PER OUNCE AND $1,025 PER OUNCE FOR 2018.NEWMONT MINING CORP - SUSTAINING CAPITAL IS EXPECTED TO BE BETWEEN $600 AND $700 MILLION FOR 2019.NEWMONT MINING CORP - SUSTAINING CAPITAL IS EXPECTED TO BE BETWEEN $550 MILLION AND $650 MILLION LONGER TERM THROUGH 2022.NEWMONT - LONGER TERM GOLD PRODUCTION EXPECTED TO REMAIN STABLE BETWEEN 4.6 - 5.1 MILLION OUNCES/YEAR THROUGH 2022 EX. DEVELOPMENT PROJECTS.NEWMONT - ATTRIBUTABLE COPPER PRODUCTION EXPECTED TO REMAIN BETWEEN 40,000 AND 60,000 TONNES IN 2018 AND 2019.NEWMONT MINING CORP SAYS GOLD COSTS APPLICABLE TO SALES GUIDANCE FOR 2018 IS IMPROVED TO BETWEEN $700 PER OUNCE AND $750 PER OUNCE.NEWMONT MINING - TOTAL CAPITAL GUIDANCE EXPECTED TO BE BETWEEN $730 MILLION & $830 MILLION IN 2019 AND BETWEEN $580 MILLION & $680 MILLION LONGER TERM THROUGH 2022.  Full Article

Newmont Mining Q3 adjusted earnings per share $0.35
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Newmont Mining Corp :Newmont announces third quarter 2017 results.Q3 adjusted earnings per share $0.35.Q3 revenue $1.9 billion versus i/b/e/s view $1.86 billion.Q3 earnings per share view $0.33 -- Thomson Reuters I/B/E/S.Q3 gaap earnings per share $0.39 from continuing operations.Newmont mining corp - boddington and phoenix are expected to produce between 40,000 and 60,000 tonnes of copper in 2017‍​.Newmont mining corp qtrly ‍ attributable gold production is produced 1.3 million ounces of gold, up seven percent from prior year quarter​.Newmont mining corp - 2017 aisc guidance for copper remains between $1.85 and $2.05 per pound‍​.Newmont mining corp qtrly ‍ gold all-in sustaining costs is reported aisc of $943 per ounce​.Newmont mining corp - capital guidance for 2017 is unchanged between $890 and $990 million.Newmont mining corp - sustaining capital outlook for 2017 is unchanged between $575 and $675 million.Newmont mining corp - average realized price for gold was 4 percent lower at $1,276 per ounce for quarter compared to $1,329 in prior year quarter​.Newmont mining corp qtrly ‍ attributable copper production from phoenix and boddington was 12,000 tonnes compared to 15,000 tonnes in prior year quarter​.Newmont mining corp - 2017 ‍attributable gold production guidance is unchanged​.Newmont mining corp - first production at quecher main is expected in early 2019 with commercial production in the fourth quarter of 2019‍​.  Full Article

Newmont declares quarterly dividend of $0.075 per share
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Newmont Mining Corp ::Newmont declares quarterly dividend of $0.075 per share.Newmont Mining - ‍dividend of $0.075 per share is 50 percent higher than dividend declared in prior year quarter​.  Full Article

Goldstrike forms strategic alliance with Newmont and its unit
Monday, 6 Mar 2017 

Goldstrike Resources Ltd : Entered into a strategic alliance with Newmont Mining Corporation and its subsidiary, Newmont Canada FN Holdings ULC . If Newmont elects to proceed with phase 2, it must incur minimum of an additional $16 million in exploration expenditures . Newmont agreed to purchase 12.7 million units of Goldstrike by way of non-brokered private placement at price of C$0.4742 per unit . Under strategic alliance, Goldstrike has agreed to grant to Newmont right to earn 51% interest in Goldstrike's plateau project . After completion of phase 2, Newmont must fund all expenditures on plateau . If Newmont does not complete phase 1 or phase 2, its interest will revert to 49% in Co's plateau project .Proceeds from placement to be used to fund 2017 exploration program on plateau project, which will be jointly managed by Newmont,Co.  Full Article

Newmont declares quarterly dividend of $0.05 per share
Friday, 17 Feb 2017 

Newmont Mining Corp :Newmont declares quarterly dividend of $0.05 per share.  Full Article

Japan's Sumitomo says to buy 5-pct stake in Peruvian gold mine

TOKYO, June 21 Japanese trading house Sumitomo Corp on Thursday said it had agreed to buy a 5-percent stake in the Yanacocha gold mine in Peru for $48 million, as it looks to boost its assets in the metals sector.