NEM · Categories · M&A
NEM - Mergers and acquisitions
Newmont Corporation (NEM) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for NEM
- Newmont Announces Agreement for Sale of Éléonore for $795 Million in CashAnnounced Divestitures to Date Expected to Generate up to $3.6 Billion in Gross Proceeds Newmont Corporation (NYSE:NEM, TSX:NGT, ASX: NEM, PNGX: NEM)) ("Newmont" or the "Company") announced today that it has agreed to sell its Éléonore operation in Northern Quebec, Canada, to Dhilmar Ltd ("Dhilmar") for $795 million in cash consideration. The transaction is expected to close in the first quarter of 2025, subject to certain conditions being satisfied.1 Upon closing the announced transactions, Newmont will have delivered up to $3.6 billion in gross proceeds from non-core asset divestitures and investment sales.2 "Today's announcement is another step forward in Newmont's journey to create
- Newmont Announces 2023 Mineral Reserves for Integrated Company of 136 Million Gold Ounces with Robust Copper Optionality of 30 Billion PoundsNewmont Corporation (NYSE:NEM, TSX:NGT, ASX: NEM, PNGX: NEM))) reported higher gold Mineral Reserves ("reserves") of 135.9 million attributable ounces for 2023 compared to the Company's 96.1 million ounces at the end of 2022. Newmont has significant upside to other metals, including more than 30 billion pounds of copper reserves and nearly 600 million ounces of silver reserves. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240222480917/en/Percentage of Gold Reserves by Jurisdiction (Graphic: Business Wire) "Newmont has strengthened its position as the responsible gold leader with the industry's highest concentration of quality
- Newmont Acquires Newcrest, Successfully Creating World's Leading Gold Mining BusinessHistoric Mining-Industry Acquisition Sets the Standard for Gold and Copper Mining Newmont Corporation (NYSE:NEM, TSX:NGT, ASX: NEM, PNGX: NEM))) today announced it has completed the acquisition of Newcrest Mining Limited to create the world's leading gold company with robust copper production. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231106048474/en/ "Today marks a historic milestone in our company and the industry with the successful completion of this transformational acquisition of Newcrest by Newmont," said Tom Palmer, Newmont's President and Chief Executive Officer. "Our attention now turns to safely, efficiently, a
- Newmont Completes Sale of Triple Flag SharesNewmont Corporation (NYSE:NEM, TSX:NGT) today announced it completed the sale of its common shares of Triple Flag Precious Metal Corp. (Triple Flag) on the open market for $179 million in net proceeds, after tax. The monetization of Triple Flag's shares further streamlines and optimizes Newmont's equity portfolio, while generating cash for the business at fair value. Since the completion of the Goldcorp acquisition in 2019, Newmont has received more than $2 billion in cash proceeds from the sale of non-core assets as part of its strategy to maximize value for shareholders and other stakeholders. These proceeds further strengthen Newmont's investment-grade balance sheet, enabling the Compan
- Newmont Reports 2021 Mineral Reserves of 93 million Gold Ounces and 65 million Gold Equivalent OuncesNewmont Corporation (NYSE:NEM, TSX:NGT) reported gold Mineral Reserves (reserves) of 92.8 million attributable ounces for 2021 compared to the Company's 94.2 million ounces at the end of 2020. Newmont has significant upside to other metals, including more than 15 billion pounds of copper reserves and nearly 600 million ounces of silver reserves. In addition, reserves and resources were further strengthened with the purchase of Buenaventura's 43.65% interest in Minera Yanacocha in February 2022, adding 2.7 million ounces of gold reserves, 11.0 million gold resources, 700 million pounds of copper reserves and 2.6 billion copper resources.1 This press release features multimedia. View the full
- Nova Royalty Reports Audited Financial Results for the Three and Nine Months Ended September 30, 2021 and Provides Asset UpdateTSXV: NOVROTCQB: NOVRF VANCOUVER, BC, Nov. 29, 2021 /CNW/ - Nova Royalty Corp. ("Nova" or the "Company") has reported its financial results for the third quarter ended September 30, 2021. Nova's auditor reviewed interim financial statements and management's discussion and analysis for the three and nine months ended September 30, 2021 are available on Nova's website at www.novaroyalty.com and on SEDAR at www.sedar.com. Alex Tsukernik, President and CEO of Nova, commented "In the third quarter, Nova completed the acquisition of its first cash flowing royalty on the Aranzazu copper-gold-silver mine, owned by Aura Minerals Inc. (TSX:ORA). The Aranzazu mine is performing above expectations, h
- Fancamp Sets the Record Straight and Corrects the Misleading and Baseless Statements by Activist Peter H. Smith and His AssociatesVANCOUVER, British Columbia--(BUSINESS WIRE)--Fancamp Exploration Ltd. (“Fancamp” or the “Corporation”) (TSX Venture Exchange: FNC) today sets the record straight and corrects the misleading and baseless statements made by Mr. Peter H. Smith, a disgruntled director of Fancamp, and his associates (together, the “Activists”). The proxy fight that Mr. Smith, former President and Chief Executive Offer, has initiated has nothing to do with the proposed business combination with ScoZinc Mining Ltd. (the “Transaction”) or the governance practices of the Fancamp Board of Directors (the “Board”). Mr. Smith has a self-serving agenda to take over the Corporation and destroy shareholder val