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2023-07-27 12:33:19 ET Summary NEM reported a net income from continuing operations of $155 million or $0.19 per diluted share in the second quarter of 2023. Gold production was 1,240K Au Oz, and total gold equivalent production was 1,496K Au equivalent Oz. I recommend buying ...
2023-07-26 18:31:08 ET Summary Newcrest reported lower than expected production in fiscal Q4 after extreme weather at Lihir, impacting its FY2023 results. However, despite headwinds during the year and a weaker average realized copper price, Newcrest's costs were well below the in...
2023-07-25 15:35:08 ET Newcrest Mining ( OTCPK:NCMGF ) ( OTCPK:NCMGY ) reported its FQ4 gold and copper production increased from Q3, while costs also rose. Newcrest ( OTCPK:NCMGF ) ( OTCPK:NCMGY ) said Q4 gold production rose 9.1% Q/Q to 556,187 oz and copper output...
Drilling results demonstrate further upside at Red Chris and Brucejack Melbourne, Australia--(Newsfile Corp. - July 24, 2023) - At Red Chris , drilling has intersected a new higher-grade zone of mineralisation east of the East Ridge Exploration Target (Far East Ridge) which has the potential to...
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...
2023-06-30 09:25:25 ET Newcrest Mining's ( OTCPK:NCMGF ) ( OTCPK:NCMGY ) Cadia mine in Australia's New South Wales has adjusted its operations to significantly reduce production of dust , the state's environmental regulator said Friday. Newcrest's ( OTCPK:NCMGF ) ( OTC...
2023-06-29 11:13:31 ET Newcrest Mining ( OTCPK:NCMGF ) ( OTCPK:NCMGY ) may have enough gold and copper deposits at its Red Chris mining project in Canada to open an entirely new section and extend production in the area for decades, CEO Sherry Duhe told Bloomberg in an interview on ...
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...
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Melbourne, Australia--(Newsfile Corp. - November 6, 2023) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) announces that the proposed scheme of arrangement under which Newcrest will be acquired by Newmont Corporation (via its subsidiary, Newmont Overseas Holdings Pty Ltd) has been imp...
Scheme becomes effective Melbourne, Australia--(Newsfile Corp. - October 17, 2023) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) announces that the scheme of arrangement under which Newcrest will be acquired by Newmont Corporation (via its subsidiary, Newmont Overseas Holdings Pty...
Melbourne, Australia--(Newsfile Corp. - October 16, 2023) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) announces that the Federal Court of Australia (Court) has today made orders approving the proposed scheme of arrangement under which Newcrest will be acquired by Newmont Corporati...