NCMGY News and Press, Newcrest Mining Ltd. ADR From 07/24/23

Group FY23 gold production and AISC guidance achieved(1) Safety and sustainability Record safety performance at Lihir, with no recordable injuries for a second consecutive quarter Red Chris achieved its lowest annual TRIFR 2 on record in FY23 Serious injury sustained at Cadia which...

2023-07-20 11:50:40 ET Summary Newmont Corporation reported a softer Q2 than expected, with gold production down 17% YoY and all-in sustaining costs for its gold segment rising to $1,472/oz. Despite a challenging quarter, Newmont's future remains promising, especially if it can cl...

2023-07-16 21:42:56 ET Summary Newmont's takeover of Newcrest Mining and higher-than-expected operating costs have led to investor disappointment during 2023. The weakening U.S. dollar and an unexpected rise in commodity inflation could support Newmont's gold/silver/copper operati...

2023-06-18 21:41:57 ET Summary Gold and silver prices have been in an uptrend since November, with related mining companies still offering better-than-average value. Owning the major gold miners could generate significant rewards as a recession hits and central banks again devalue...

2023-06-15 11:50:37 ET Summary Newmont Corporation's acquisition of Newcrest Mining Limited is valued at approximately ~$19 billion, and this will bring multiple large, low-cost, and Tier-1 jurisdiction assets into Newmont's portfolio. The acquisition will significantly increase N...

2023-05-16 14:11:01 ET Summary Northern Star Resources Limited released its fiscal Q3 results last month, reporting quarterly production of ~362,800 ounces at all-in sustaining costs of A$1,813/oz, translating to a decline in output at higher costs. The lower production was relate...

Newcrest and Newmont have reached agreement to proceed with a proposal for Newmont to acquire 100% of the issued shares in Newcrest by way of an Australian scheme of arrangement Newcrest Board unanimously recommends shareholders vote in favour of the Newmont Transaction 1 Transac...

2023-05-14 18:58:22 ET Newmont ( NYSE: NEM ) said Sunday it has entered into a binding agreement to acquire Newcrest Mining ( OTCPK:NCMGF ) ( OTCPK:NCMGY ) via an Australian court-approved scheme of arrangement. Newcrest ( OTCPK:NCMGF ) ( OTCPK:NCMGY ) said i...

Melbourne, Australia--(Newsfile Corp. - May 11, 2023) - Further to the ASX announcement dated 14 April 2023, Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) provides the following update on the revised conditional and non-binding proposal from Newmont Corporation (Newmont) to acquire 10...

2023-05-05 18:35:46 ET Summary Newmont Corporation reported poor Q1 earnings. However, Newmont expected this to be a weak quarter. Newmont is likely to acquire Newcrest Mining in the near future, and other organic growth opportunities should boost its production. Newmont C...