Newmont Mining Corp. Mining News

Newmont bondholder revolt may put Barrick on hook for debt

The creditors are reportedly trying to block an amendment Newmont is seeking for a large tranche of notes associated with its operations in Nevada.

Goldcorp shareholders approve Newmont's $10B takeover offer

The deal also will be voted on by Newmont shareholders next Thursday. If approved, the deal is expected to close by June.

Struggling small miners may lead to bigger industry woes

Small miners are finding it increasingly difficult to raise capital to fund new ventures despite the positive demand outlook for several commodities.

Newmont's Goldcorp deal wins support of Paulson, VanEck, ISS

After promising to sweeten the pot with the largest dividend in 32 years, Newmont has won over two of its biggest investors to the merits of a $10B merger with Goldcorp.

Newmont’s Tanami gold mine to curb emissions by 20%

Project included the installation of two power stations, a 66 kV interconnected power line, and a 450 km natural gas pipeline.

Funds blast Goldcorp chair's 'terrible' $12 million package

Goldcorp’s attempt to top-up its chairman’s retirement haul has met significant resistance.

Once-mighty Canadian mining losing ground to global competitors

Mega-mergers by Canada’s two largest gold companies, Barrick Gold Corp. and Goldcorp Inc., stand to erode its global influence.

Barrick CEO calls Nevada JV talks with Newmont 'constructive'

Major shareholders have pushed for a Nevada JV, expressing concern a full combination of both companies could be too complex.

Top Barrick shareholder urges joint venture in Nevada with Newmont

The companies are meeting on Tuesday in New York to discuss Newmont's proposal for the joint venture.

Newmont CEO eager to meet with Barrick – but not about merger

After more than a week of tough talk firing back and forth, the leaders of the two biggest gold producers are finally coming to the table.

What Humphrey Bogart can teach the gold diggers

Barrick and Newmont have far more to gain from cooperating than bickering with each other.

Newmont is right to be reserved about Barrick

A deal doesn’t give Newmont shareholders anything they don’t already have.

'Loser' vs 'anemic': Barrick's Newmont bid starts on toxic note

The tough talk underscored deep personality and cultural differences between the world’s two biggest gold producers.

Ex-Goldman banker may finish huge gold deal five years later

The man proposing to buy Newmont Mining Corp. in the world’s biggest gold takeover is the same person who was blamed for the deal falling apart five years ago.

Barrick CEO says he'll run Newmont's mines better than they can

"Mark has never run a global portfolio. In fact, I’d say none of his team have run a global portfolio like what we have in place."

Michael Klein strikes gold from Canada to Saudi Arabia

Klein won’t have to share his fees with other large U.S. or European investment banks.

Newcrest CEO says 'happy to do M&A' if right value for shareholders

Some media reports indicated that Newcrest, as part of the deal, would be interested in buying Newmont's Australian assets.

Barrick CEO defends $18B hostile Newmont bid as logical tie-up

The deal marks Bristow's first major strategic move at Barrick since taking the top position in January.

Barrick swings hard for Newmont – maybe too hard

Hostile bids bring out the worst in people. On the other hand, they also foster tremendous creativity.

OceanaGold reports 2019 guidance and exploration budget

OceanaGold Corp. says its mines will produce a total of between 500,000 and 550,000 ounces of gold and 14,000 to 15,000 tonnes of copper this year.

Goldcorp CEO could exit with $6.9m in biggest gold M&A

The company reported a worse-than-expected third-quarter loss in October, sending shares to the lowest since 2002 a day later.

The market arranged Newmont's Goldcorp marriage

"Simply put, this is not a deal we have to do. This is a deal that we want to do."

Newmont cuts 120 jobs at Nevada gold mining operation

Newmont also cut overall production guidance for its North American operations for 2018.

Newmont says 2019 gold production at mid-point of previous outlook

The Colorado-based miner sees 2019 output at 5.2 million ounces of gold, from an earlier forecast range of 4.9 million ounces to 5.4 million ounces.

Newmont profit falls, promotes COO to President

Falling gold and copper prices hurt the miner's results for the three months to Sep. 30.