TORONTO, ON / ACCESSWIRE / March 26, 2024 / Magna Terra Minerals Inc . (the " Company " or " Magna Terra ") (TSX-V:MTT) is pleased to announce through its 100% owned Argentine subsidiary Atala Resources S.A. ("Atala"), that Oroplata S.A. ("Oroplata"), a subsidiary of Newmont Corporation ("Newmont"), has provided a detailed summary report of its 2023 exploration program undertaken to date on the Boleadora Project ("Boleadora"). In addition, Oroplata has made the third anniversary option payment...
VANCOUVER, British Columbia, Sept. 25, 2023 (GLOBE NEWSWIRE) -- American Future Fuel Corporation (CSE: AMPS ; OTCQB: AFFCF ; FWB: K14 , WKN: A3DQFB ) (the “ Company ” or “ American Future Fuel ”), is pleased to announce the appointment of Mr. Michael Henrichsen as a new member of the Board of Directors, effective September 25, 2023. Mr. Henrichsen’s extensive expertise as a structural geologist and his remarkable track record in enhancing reserves and resources make him a valuable...
Newmont Corporation (NYSE: NEM, TSX: NGT) today announced that following a review by the Australian Competition & Consumer Commission (ACCC), the agency has cleared the Company to proceed with its proposed acquisition of Newcrest Mining Limited (ASX, TSX, PNGX: NCM). The ACCC is expected to convey its clearance of the transaction to Australia’s Foreign Investment Review Board for consideration. Newmont continues advancing other regulatory approvals and expects to close the transaction in the...
Newmont Corporation (NYSE: NEM, TSX: NGT) today announced that the Korea Fair Trade Commission (KFTC) has cleared the Company to proceed with its proposed acquisition of Newcrest Mining Limited (ASX, TSX, PNGX: NCM), stating that the transaction does not violate Korea’s Monopoly Regulation and Fair Trade Law. Newmont continues advancing other regulatory approvals and expects to close the transaction in the fourth quarter of this year. Earlier this month, Papua New Guinea’s (PNG) Independent...
Newmont Corporation (NYSE: NEM, TSX: NGT) today announced that Papua New Guinea’s (PNG) Independent Consumer & Competition Commission (ICCC) granted clearance for the Company to proceed with its proposed acquisition of Newcrest Mining Limited (ASX, TSX, PNGX: NCM). Newmont, in consultation with Newcrest, has also determined that no premerger notification under the Hart-Scott-Rodino Act will be required in the United States for the transaction to move forward. Newmont continues advancing other...
Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) today announced second quarter 2023 results and declared a second quarter dividend of $0.40 per share. Second Quarter Decisions Position Newmont for a Strong Second Half Performance Produced 1.24 million attributable gold ounces and 256 thousand co-product gold equivalent ounces (GEOs) ** from copper, silver, lead and zinc; well positioned for stronger production in the second half of the year Reported gold Costs Applicable to...
Investigación de Industrial Info Resources -- Newmont Corporation ( NYSE:NEM ) (Greenwood Village, Colorado) ha emitido un comunicado por el que pide a los trabajadores que pongan fin a una huelga en su mina Peñasquito en México. La interrupción del trabajo ha obligado a la empresa a “replantearse nuestras actividades e inversiones futuras que son necesarias para mantener el nivel de operaciones de Peñasquito”. Industrial Info hace un seguimiento de tres proyectos de capital activos de...
Researched by Industrial Info Resources -- Newmont Corporation ( NYSE:NEM ) (Greenwood Village, Colorado) has issued a statement asking workers to end a strike at its Peñasquito mine in Mexico, adding the work stoppage has forced the company to “rethink our activities and future investments that are necessary to maintain the level of operations of Peñasquito.” Industrial Info is tracking three active capital projects at the Workers at the Peñasquito mine, worth US$34 million. Subscribers...
Newmont Corporation (NYSE: NEM, TSX: NGT) today announced that the Canadian Competition Bureau issued a “no action” letter clearing Newmont’s previously announced transaction with Newcrest Mining Limited (ASX, TSX, PNGX: NCM) under Canadian competition law. Newmont is progressing towards receiving regulatory approvals in other jurisdictions for a transaction close expected in the fourth quarter. On May 14, Newmont announced a definitive agreement to acquire Newcrest. The combination would...
Newmont Corporation (NYSE: NEM, TSX: NGT) today announced that it will release its second quarter 2023 operations and financial results on Thursday, July 20, 2023 . Newmont will hold a conference call at 11 a.m. Eastern Daylight Time (9:00 a.m. Mountain Daylight Time) , the same day, which will be available on the Company’s website. Conference Call Details Dial-In Number 833.470.1428 Intl Dial-In Number 404.975.4839 1 Dial-in Access Code 134084 Conference Name Newmont Replay Number...
Newmont Corporation (NYSE: NEM, TSX: NGT) today announced it will defer the full-funds investment decision for the Yanacocha Sulfides project in Peru (the Project) for at least two years to advance its portfolio optimization strategy designed to maximize returns for shareholders and create long-term value for other stakeholders 1 . The decision positions Newmont to prioritize other value-accretive opportunities and support its disciplined capital allocation strategy, which balances steady...
TORONTO, ON / ACCESSWIRE / June 13, 2023 / Magna Terra Minerals Inc . (the " Company " or " Magna Terra ") (TSXV:MTT) is pleased to announce through its 100% owned Argentine subsidiary Atala Resources S.A. ("Atala"), that Oroplata S.A. ("Oroplata"), a subsidiary of Newmont Corporation ("Newmont"), has provided a detailed summary report of its initial exploration program undertaken to date on the Boleadora Project. In addition, Oroplata has made the third anniversary option payment of US$100,000...
Newmont Corporation (NYSE:NEM,TSX:NGT) announced today it has suspended operations at the Company’s Peñasquito mine in Mexico while refuting claims by the National Union of Mine and Metal Workers of the Mexican Republic (“the Union”) regarding violating legal regulations and labor agreements. The Company urged the Union to abide by the mutually agreed Collective Bargaining Agreement (“CBA”) negotiated and signed by both parties in June of 2022. On June 7, 2023, the Union notified the...
Newmont Corporation (NYSE: NEM, TSX: NGT) announced today the promotion of experienced leader Suzanne Retallack as the Company’s Chief Safety and Sustainability Officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230607005875/en/ Suzanne Retallack (Photo: Business Wire) With more than twenty years of experience building and leading teams across a diverse range of commodities and jurisdictions, Suzanne’s promotion to...
Today, Newmont Corporation (NYSE: NEM, TSX: NGT) published its 2022 Climate Report , prepared in alignment with the Recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). The report outlines how Newmont understands and is addressing climate change — from managing physical and transition climate risks and enhancing resiliency within our business, to climate impacts and reducing our greenhouse gas emissions. This press release features multimedia. View the full...
Newmont Corporation (NYSE: NEM, TSX: NGT) today announced the appointment of Karyn Ovelman as Executive Vice President and Chief Financial Officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230518005783/en/ Karyn Ovelman (Photo: Business Wire) Karyn Ovelman is a highly experienced financial professional who will focus on financial discipline and maintaining a robust and flexible balance sheet to support Newmont’s capital...
Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Newmont Corporation (NYSE: NEM) and Newcrest Mining Limited is fair to Newmont shareholders. Per the terms of the proposed merger, Newcrest shareholders would receive 0.400 Newmont shares for each Newcrest share held. Upon completion of the proposed transaction, Newmont shareholders will own approximately 69% of the combined entity. Halper Sadeh encourages Newmont shareholders to click here to learn more about...
Newmont Corporation (NYSE: NEM, TSX: NGT) today announced that following completion of due diligence it has entered into a binding Scheme Implementation Deed (“SID”) under which Newmont will acquire 100 percent of the issued share capital in Newcrest by way of an Australian court-approved Scheme of Arrangement (the “Scheme” or the “Transaction”). “The combination of Newmont and Newcrest represents an exceptional value proposition for shareholders and other stakeholders. It creates...
Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) today announced first quarter 2023 results and declared a first quarter dividend of $0.40 per share. Delivered First Quarter Production as Expected; Improving Production in Second Quarter * Produced 1.27 million gold ounces and 288 thousand co-product gold equivalent ounces (GEOs) ** from copper, silver, lead and zinc Reported gold Costs Applicable to Sales (CAS) of $1,025 per ounce and gold All-In Sustaining Costs (AISC) of...