Newmont to sell first sustainability-linked bonds from a miner

Mining News Pro - Newmont Corp., one of the world’s largest gold miners, sold $1 billion of bonds giving it a financial incentive to cut emissions and improve corporate governance, the first company in the energy-intensive industry to issue such securities.

Newmont cuts guidance on pandemic hit

Mining News Pro - Newmont the world’s top gold producer, cut its annual production target by 500,000 ounces on Thursday, citing a hit from the pandemic as well as operational issues, after its quarterly adjusted profit missed market estimates.

Newmont axes gold output targets at Boddington

Mining News Pro - Newmont, the world’s no. 1 gold miner, has cut full-year production guidance for its Boddington gold mine in Western Australia by 140,000 ounces below the originally set target of 830,000 ounces.

Newmont’s Yanacocha sulfides project delayed by pandemic

Mining News Pro - Newmont Mining Corp’s Yanacocha sulfides project to expand gold production in Peru has been delayed and will only be developed “at the pace the pandemic allows,” CEO Tom Palmer said on Wednesday at an industry conference.

Newmont locks in five more years with K2fly

Mining News Pro - Newmont has renewed its ties with software company K2fly, enabling the latter to continue providing its resource governance solution to the gold miner for a further five years.

Newmont to decide on $2 billion Peru project by year-end

Mining News Pro - Newmont, the world’s no. 1 gold miner, will make a decision on a $2 billion investment at its Yanacocha mine, in northern Peru’s Cajamarca region, before the end of the year, CEO Tom Palmer told investors.

Newmont to make decision on new Peru investment by December

Mining News Pro - US-based gold major Newmont will decide on a $2-billion investment at its Yanacocha mine, in Peru, by December and CEO Tom Palmer says the company is ready to engage with the incoming government of Pedro Castillo over the next six months.

Newmont rises above Tanami constraints

Mining News Pro - Newmont has boosted production across its global gold portfolio, with an increase in grades and throughput at the Boddington mine in Western Australia contributing to the result.

Newmont to advance Ahafo North project in Ghana

Mining News Pro - Newmont said on Thursday its board approved full funding to advance its Ahafo North Project in Ghana into the execution phase.

Newmont ends Tanami camp quarantine

Mining News Pro - Newmont Corporation has released around 700 workers at the Tanami gold mine camp in the Northern Territory from quarantine following last month’s COVID-19 outbreak.

Newmont closes GT Gold acquisition

Mining News Pro - Bullion major Newmont Gold has completed the previously announced acquisition of junior GT Gold and is now the owner of the Tatogga project, in Canada.

Newmont hits higher grades at Boddington

Newmont has offset a production downturn with higher grade ore milled at four of its global assets, including the Boddington gold mine in Western Australia.

De Beers overtakes Newmont to lead ESG ranking of global miners

Mining News Pro - The world’s biggest diamond producer may not be the first name that comes to mind in a ranking of top environmental, social and governance (ESG) performers. But that’s what the latest industry survey revealed.

De Beers overtakes Newmont to lead ESG ranking of global miners

Mining News Pro - The world’s biggest diamond producer may not be the first name that comes to mind in a ranking of top ESG performers. But that’s what the latest industry survey revealed.

Newmont to extend Boddington life with autonomous fleet

Mining News Pro - Newmont has delivered the first production from its new autonomous truck fleet at the Boddington gold mine in Western Australia.

Newmont to scoop up gold miner for $402m

Mining News Pro - Newmont Corporation has agreed to acquire Canadian miner GT Gold Corp for $US311 million ($402 million) in a deal that will bolster its copper-gold output.

Newmont to buy GT Gold for $311 million

Mining News Pro - Newmont, the world’s No. 1 gold miner, is acquiring all the shares it doesn’t already own in Canadian explorer GT Gold in a cash deal valued at about C$393 million (C$311m).

Newmont to uplift Australian production

Mining News Pro - Newmont expects to produce over 1.3 million ounces of gold from its Australian operations this year, with the Boddington gold mine in Western Australia as the top contributor.

Newmont maintains industry leading gold reserves

Mining News Pro - Newmont Corporation increased its gold reserves by six million ounces to 94.2 million during 2020 despite facing the challenge of the COVID-19 pandemic.

Newmont strengthens Alliance with aviation contract extension

Mining News Pro - Newmont Mining has signed a three-year contract extension with Alliance Aviation Services, which provides air-charter services to the Tanami gold mine in the Northern Territory

US court rules that farmers’ case against Newmont must be heard in Peru

Mining News Pro - The US Court of Appeals for the Third Circuit upheld a lower court decision that Máxima Acuña Atalaya de Chaupe and her family’s case against US-based Newmont Mining Corporation should be heard in Peru rather than in the United States.

Newmont to extend Peñasquito mine life beyond 2040

Mining News Pro - Newmont, the world’s No. 1 gold miner, plans to extend the life of its Peñasquito gold-silver mine in Mexico’s Zacatecas state beyond 2040 through exploration.

Newmont to spend $500m over 5 years on climate initiatives

Mining News Pro - Newmont Corp on Tuesday said it would spend $500 million over five years to meet climate change targets as the miner accelerates efforts to reduce greenhouse gas emissions at its operations.

Newmont anticipates Boddington production boost in 2021

Mining News Pro - Newmont Corporation has detailed its long-term outlook for its gold operations globally, including a production increase at the Boddington mine in Western Australia starting 2021.

Newmont forecasts production of 6.5Moz for 2021

Mining News Pro - The world’s top bullion miner, Newmont, is forecasting production of 6.5-million ounces for 2021.

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