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Newmont Mining Corp (NEM.N)

NEM.N on New York Stock Exchange

38.69USD
23 Feb 2018
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$1.06 (+2.82%)
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Latest Key Developments (Source: Significant Developments)

Newmont Mining Expects Tax Reform To Result In Income Tax Expense Increase Between $200 Mln & $400 Mln
Saturday, 23 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

Newmont Mining appoints Andrew Woodley to lead North America business from Jan 2, 2017
Wednesday, 5 Oct 2016 

Newmont Mining Corp :Appointed Andrew Woodley to lead company's North America business beginning on January 2, 2017.  Full Article

Newmont Mining sets qtrly dividend of $0.025 per share
Thursday, 21 Jul 2016 

Newmont Mining Corp :Sets quarterly dividend of $0.025 per share.  Full Article

Newmont Q2 adjusted earnings per share $0.44
Thursday, 21 Jul 2016 

Newmont Mining Corp : Qtrly gold CAS $637 per ounce compared to $642 per ounce in prior year quarter . Produced 1.3 million ounces,38,000 tonnes of attributable gold,copper, respectively, compared to 1.2 million ounces,42,000 tonnes in prior year quarter . Qtrly reported copper cas of $1.21 per pound unchanged from prior year quarter . Attributable copper production is expected to be between 40,000 and 60,000 tonnes in 2016 . Attributable copper production is expected to be between 40,000 and 65,000 tonnes in 2017 and 2018 . Attributable gold production is expected to increase from between 4.7 and 5 million ounces in 2016 to between 4.9 and 5.4 million ounces in 2017 . Gold cas is expected to be between $630 and $680 per ounce in 2016 . Copper cas is expected to be between $1.80 and $2.00 per pound in 2016 and 2017 . Copper aisc is expected to average between $2.20 and $2.40 per pound in 2016 . Copper aisc is expected to increase to between $2.75 and $2.95 per pound in 2018 . Company remains on track to repay $800 million to $1.3 billion of debt between 2016 and 2018 . Newmont announces second quarter operating and financial results . Q2 adjusted earnings per share $0.44 . Q2 revenue $2.0 billion versus i/b/e/s view $1.92 billion . Q2 earnings per share view $0.29 -- Thomson Reuters I/B/E/S . Qtrly aisc was $876 per ounce and $1.53 per pound, respectively, compared to $909 per ounce and $1.61 per pound in prior year quarter.  Full Article

Moody's says Newmont's sale of Batu Hijau interest credit positive
Wednesday, 6 Jul 2016 

Newmont Mining Corp :Moody's says Newmont's sale of Batu Hijau interest credit positive.  Full Article

UPDATE 3-Newmont Mining poised for growth in gold sector

TORONTO, Feb 22 Newmont Mining Corp laid out plans on Thursday for new projects to grow gold production and cut costs, while reporting market-beating profits and output forecasts that position it to take the title of world's largest bullion producer in 2018.