Newcrest reports lower quarterly gold output on maintenance shutdowns

Mining News Pro - Newcrest Mining, which is in the final stages of a takeover by global gold mining giant Newmont Corp, on Tuesday posted an 18.1% sequential fall in quarterly gold production, hurt by maintenance shutdowns during the quarter.

Newcrest reports lower quarterly gold output on maintenance shutdowns

Mining News Pro - Newcrest Mining, which is in the final stages of a takeover by global gold mining giant Newmont Corp, on Tuesday posted an 18.1% sequential fall in quarterly gold production, hurt by maintenance shutdowns during the quarter.

Newcrest reports lower quarterly gold output on maintenance shutdowns

Mining News Pro - Newcrest Mining, which is in the final stages of a takeover by global gold mining giant Newmont Corp, on Tuesday posted an 18.1% sequential fall in quarterly gold production, hurt by maintenance shutdowns during the quarter.

Newcrest acquisition to deliver $500 million in annual synergies

Mining News Pro - With the recently approved acquisition of Newcrest Mining, Newmont will be well-positioned to set the new standard for gold mining across the industry, according to its president and CEO Tom Palmer.

Newmont clears regulatory hurdle for Newcrest deal, awaits shareholder vote

Mining News Pro - Gold miner Newmont Corp said on Monday it has received a clearance from Australia’s Foreign Investment Review Board to proceed with its proposed A$26.2 billion ($16.86 billion) takeover of Australia’s Newcrest Mining.

Newmont gets Aussie regulatory nod for $16.8bn Newcrest deal

Mining News Pro - Gold miner Newmont Corp said on Monday it has received clearance from Australia’s competition regulator to proceed with its proposed A$26.2 billion ($16.80 billion) takeover of Newcrest Mining.

Newcrest profit falls nearly 11% on higher operating costs

Mining News Pro - Australia’s Newcrest Mining Ltd, which has received a A$26.2 billion takeover offer from Newmont Corp, posted a near 11% fall in annual profit on Friday, hurt by lower realized prices for copper and a rise in operating and finance costs.

Newcrest drops after potential buyer Newmont’s weak second quarter

Mining News Pro - Shares of Australia’s top gold miner Newcrest Mining Ltd fell as much as 5.4% on Friday, marking its worst intraday fall in nearly 10 months after its potential buyer Newmont Corp overnight reported weaker-than-expected second quarter profit.

Newcrest seeks to address gold mine air pollution after warning

Mining News Pro - Australian gold miner Newcrest Mining Ltd. is installing filters in the vent shafts at one of its largest mines, after this week being told by authorities to immediately address the “unacceptable” levels of dust being emitted from the site.

Newcrest Mining accepts $19.2 billion Newmont takeover deal

Mining News Pro - Newcrest Mining Ltd. has agreed to a takeover deal with Newmont Corp. worth about A$28.8 billion ($19.2 billion) to create the world’s biggest gold producer.

Newcrest’s gold production misses analysts’ estimate

Mining News Pro - Takeover target Newcrest Mining on Thursday reported lower third-quarter gold output after facing production difficulties at its Cadia project in Australia, missing a consensus forecast by nearly 10%.

Hurdles loom for Newmont’s $19.6 billion bid for Newcrest

Mining News Pro - Newmont Corp’s A$29.4 billion ($19.6 billion) offer for Australia’s Newcrest Mining faces hurdles including winning approvals from shareholders and regulators, and the full backing of the target’s board, analysts said on Wednesday.

Newmont sees ‘significant’ shareholder value in buyout of gold rival Newcrest

Mining News Pro - Gold miner Newmont Corp on Thursday said it believes a buyout of Newcrest Mining Ltd would create “significant value” for shareholders and that it is in talks with its Australian rival’s board of directors about closing a deal.

Newcrest rebuffs Newmont offer

Mining News Pro -Australia’s Newcrest Mining Ltd on Thursday rebuffed Newmont Corp’s $16.9 billion bid but left the door open for a better offer as it logged profit that surged past analyst expectations and paid out a special dividend.

Mammoth gold miner in the making after Newmont’s $17bn bid for Newcrest

Mining News Pro - Newmont Mining, the world’s largest gold producer, is seeking to build a global gold superpower by approaching Australia’s no.1 miner of the yellow metal, Newcrest Mining (ASX, TSX: NCM), with a $17 billion takeover offer.

Newcrest quarterly gold output misses estimates after fatality

Mining News Pro - Australia’s Newcrest Mining said on Wednesday gold production fell 2.8% in the second quarter from the first, missing analyst expectations, after operations were suspended at its Brucejack operations in Canada following a fatality.

Newcrest approves $140 million expansion of Telfer gold-copper operation

Mining News Pro - The company said the West Dome Stage 8 cutback should start producing ore in the current quarter — its second quarter of fiscal year 2023 — and extend Telfer’a operations into early fiscal year 2025.

Newcrest Mining cuts dividend, posts profit drop amid lower output

Mining News Pro - Newcrest Mining on Friday reported a nearly 25% slide in full-year profit and halved its dividend from a year ago, hit by rising costs and lower output at its Lihir and Cadia mines.

Newcrest quarterly gold output jumps 10% as Cadia production soars

Mining News Pro - Australia’s Newcrest Mining Ltd posted a 10% sequential rise in third-quarter gold output on Thursday, helped by higher mill throughput rates at its Cadia mine and the addition of the Brucejack project after its acquisition of Pretium Resources.

Newcrest quarterly gold output jumps 10% as Cadia production soars

Mining News Pro - Australia’s Newcrest Mining Ltd posted a 10% sequential rise in third-quarter gold output on Thursday, helped by higher mill throughput rates at its Cadia mine and the addition of the Brucejack project after its acquisition of Pretium Resources.

Newcrest flags delays at Havieron on ground conditions

Mining News Pro - Newcrest Mining, which owns 70% of the Havieron gold-copper project in Australia, flagged on Thursday some delays and said first ore delivery has been held up from the first half of the 2024 financial year to late calendar 2024.

Newcrest posts strong forecast, flags headwinds at Lihir mine

Mining News Pro - Australia’s largest gold producer Newcrest Mining on Friday said it expects output in the March quarter to improve from the previous one, but flagged weather issues and Omicron-led headwinds at its Lihir mine.

Newcrest to acquire Pretium Resources in $2.8 billion deal

Mining News Pro - Australia’s Newcrest Mining has entered into an agreement to acquire all outstanding common shares of Pretium Resources it does not already own in a deal that values the Canadian miner at $2.8 billion.

Newcrest receives government grant for long-range network

Mining News Pro - Newcrest Mining is among five mining projects to receive funding under the Federal Government’s Cooperative Research Centres Projects (CRC-P) initiative.

Newcrest sets date for molybdenum plant at Cadia

Mining News Pro - Newcrest Mining has continued to invest in its future as it revealed it has begun commissioning another plant at its Cadia gold mine in New South Wales.

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