Newcrest Mining Ltd

Newcrest is a gold producer listed on the Australian Stock Exchange and one of the gold mining companies. Their mission is to deliver superior returns from finding, developing, and operating gold/copper mines. Their vision is to be the Miner of Choice™. They will lead the way in safe, responsible, efficient, and profitable mining.

Newmont Mining

(Kitco News) - On May 14, Newmont announced its definitive agreement to acquire Newcrest. According to Newmont, the combined business is anticipated to generate annual pre-tax synergies of $500 million, expected to be achieved within the first 24 months, while also targeting at least $2 billion in the first two years after closing through portfolio optimization.

Newmont's bid to acquire Newcrest gets nod from regulator

DENVER--(BUSINESS WIRE)--Newmont Receives Clearance from Australia's Competition Regulator to Acquire Newcrest.

Newmont Receives Clearance from Australia's Competition Regulator to Acquire Newcrest

DENVER--(BUSINESS WIRE)--Newmont Receives Clearance from Korea Fair Trade Commission to Acquire Newcrest.

Newmont Receives Clearance from Korea Fair Trade Commission to Acquire Newcrest

(Kitco News) - Newcrest (TSX: NCM) (ASX: NCM), one of the world's largest gold miners, today reported annual gold production of 2.1 million ounces (up 8% y-o-y) and copper production of 133 thousand tonnes (up 10% y-o-y) for the twelve months ended 30 June 2023 (FY23).

Newcrest posts $778M profit in FY23; increases gold and copper production

Newcrest Mining Limited (OTCPK:NCMGF) Q4 2023 Earnings Conference Call August 10, 2023 7:30 PM ET Company Participants Tom Dixon - Head of Investor Relations Sherry Duhe - Interim Chief Executive Officer Dan O'Connell - Interim Chief Financial Officer Craig Jones - Interim Chief Operating Officer Conference Call Participants Levi Spry - UBS Daniel Morgan - Barrenjoey Markets Matthew Frydman - MST Financial Mitch Ryan - Jefferies Tom Dixon Good morning, and welcome to Newcrest Mining's FY2023 Results Conference Call. This is Tom Dixon, Head of Investor Relations.

Newcrest Mining Limited (NCMGF) Q4 2023 Earnings Call Transcript

Annual Mineral Resources and Ore Reserves Statement - as at 30 June 2023 Initial Brucejack Mineral Resource and Ore Reserves estimates reported for Newcrest Newcrest Group gold Mineral Resources 1 and Ore Reserves 1 estimates increase on prior year Ore Reserves increase by 5% to 64 million ounces Measured and Indicated Resources increase by 4% to 130 million ounces Inferred Mineral Resources increase by 20% to 25 million ounces Melbourne, Australia--(Newsfile Corp. - August 10, 2023) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) has updated its Mineral Resources and Ore Reserves estimates for the twelve-month period ending 30 June 2023 following a review of all production sources. The review has considered mining depletion, drilling results, studies, audits, macroeconomic parameters and cost assumptions, as well as mining and metallurgy performance to inform cut-off values and physical mining parameters.

Newcrest Announces Annual Mineral Resources and Ore Reserves Statement

(figures are in US$ except where stated) Higher gold and copper production with increased shareholder returns 1 Operating and financial performance supports 100% increase in total dividends for FY23 Statutory profit2 and Underlying profit3 of $778 million Free cash flow3 of $404 million Fully franked final dividend of US 20 cents per share, bringing total FY23 dividends to US 55 cents per share Safety and sustainability Learnings shared across the business following the tragic fatality at Brucejack and serious injury at Cadia; Improved annual TRIFR4 of 2.97 Transition to electric vehicles continues with Brucejack truck loading fleet now fully battery electric and activities to procure and onboard trials of high technology readiness fleet progressing at Cadia and Brucejack First renewable power generated from the Rye Park Wind Farm in July 2023, with early supply commencing under Cadia's Power Purchase Agreement Newcrest Sustainability Fund driving social investments with contribution to eight major projects and two emergency response projects approved Quality organic gold and copper growth portfolio Initial Newcrest Mineral Resources and Ore Reserves estimates for Brucejack separately announced today drive an increase in Group gold Mineral Resources and Ore Reserves5 FY23 key milestones included Cadia PC1-2 and Lihir Phase 14A Feasibility Studies approved to execution, and signing of the Wafi-Golpu Framework Memorandum of Understanding (MOU) Established growth pipeline continues to progress, with the Brucejack transformation program realising multiple value opportunities and Red Chris Feasibility Study on track for completion in H2 CY236 Binding agreement executed with Newmont to acquire 100% of the issued shares of Newcrest 7 Transaction expected to establish a clear global leader in gold production by combining two of the world's largest producers, with a significant and growing exposure to copper Newcrest Board unanimously recommends shareholders vote in favour of the transaction in the absence of a Superior Proposal8, and subject to the Independent Expert concluding and continuing to conclude that the transaction is in the best interests of Newcrest shareholders Newcrest expects to pay a franked special pre-completion dividend of US$1.10 per Newcrest share9 Scheme Meeting expected to be held in October 2023 with implementation targeted for November 202310 Melbourne, Australia--(Newsfile Corp. - August 10, 2023) - Newcrest (ASX: NCM) (TSX: NCM) (PNGX: NCM) Interim Chief Executive Officer, Sherry Duhe, said, "In FY23 we produced 2.1 million ounces of gold and 133 thousand tonnes of copper, with a significantly improved free cash flow of $404 million and Statutory and Underlying profit of $778 million. Our balance sheet remains in excellent shape, sitting comfortably within all our financial policy targets as we continued to invest in our organic portfolio of value generating projects.

Newcrest Announces FY23 Full Year Results

DENVER--(BUSINESS WIRE)--Newmont Announces PNG Competition Commission Clearance for Acquisition of Newcrest.

Newmont Announces PNG Competition Commission Clearance for Acquisition of Newcrest

Vancouver, British Columbia--(Newsfile Corp. - July 27, 2023) - Gunpoint Exploration Ltd. (TSXV: GUN) ("Gunpoint" or the "Company") is pleased to report the initial drilling results by Newcrest Mining Ltd.

Gunpoint Exploration Ltd: Newcrest Announces Initial Drill Results on Appaloosa Trend

(Kitco News) - Newcrest (TSX: NCM), one of the world's largest gold miners, today reported gold production of 2.1 million ounces and copper production of 133 thousand tonnes for the twelve months ended 30 June 2023 (FY23).

Newcrest increases gold production by 8% in FY23, achieves annual guidance

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 become the fifth porphyry centre along the Red Chris porphyry corridor. At Far East Ridge (outside of the previously released East Ridge Exploration Target) drilling of hole RC876 returned 274m @ 0.67g/t Au & 0.45% Cu from 998m including 42m @ 1.5g/t Au & 1.1% Cu from 1,080m, 14m @ 1.7g/t Au & 0.63% Cu from 1,144m and 26m @ 1.1g/t Au & 0.5% Cu from 1,170m.

Newcrest Mining Limited - Quarterly Exploration Report - 30 June 2023

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 TRIFR2 on record in FY23 Serious injury sustained at Cadia which is subject to investigation by the NSW Resource Regulator First renewable power generated from the Rye Park Wind Farm in July and early supply has commenced under Cadia's Power Purchase Agreement FY23 gold production and AISC guidance achieved Gold production of 556koz3 and copper production of 35kt, resulting in FY23 gold production of 2.1Moz and copper production of 133kt June quarter All-In Sustaining Cost (AISC) of $1,196/oz3, delivering an AISC margin of $706/oz4 FY23 AISC of $1,094/oz, delivering an AISC margin of $678/oz4 Advancing multiple gold and copper growth options Wafi-Golpu Framework Memorandum of Understanding (MOU) signed with all parties working to progress the Mining Development Contract Red Chris Block Cave Feasibility Study on track to be completed in H2 CY235 Brucejack transformation program continued to progress multiple value enhancing opportunities Strong drilling results at Red Chris and Brucejack indicate further upside potential Newmont transaction Binding agreement executed for Newmont to acquire 100% of the issued shares of Newcrest, subject to conditions, including Newcrest and Newmont shareholder and regulatory approvals Newcrest Board unanimously recommends shareholders vote in favour of the transaction6 Transaction expected to establish a clear global leader in gold production by combining two of the world's largest producers, with a significant and growing exposure to copper Newcrest permitted to pay a franked special pre-completion dividend of up to US$1.10 per share7 Melbourne, Australia--(Newsfile Corp. - July 24, 2023) - Newcrest (ASX: NCM) (TSX: NCM) (PNGX: NCM) Interim Chief Executive Officer, Sherry Duhe, said, "We were pleased to achieve our FY23 Group guidance for gold production and All-In Sustaining Costs following an improved operational performance in the June quarter. We also made further progress on our growth strategy, with the Wafi-Golpu Framework MOU signed in early April, marking a pivotal milestone towards development of this world class copper-gold deposit.

Newcrest Mining Limited - Quarterly Report - 30 June, 2023

DENVER--(BUSINESS WIRE)--Newmont Announces Canadian Competition Bureau Clearance for Acquisition of Newcrest.

Newmont Announces Canadian Competition Bureau Clearance for Acquisition of Newcrest

Newcrest Mining Ltd's Cadia mine in Australia's New South Wales (NSW) has adjusted its operations to significantly reduce production of dust, the state's Environment Protection Authority (EPA) said on Friday.

NSW regulator says Newcrest's Cadia mine has taken steps to reduce dust pollution

Greatland Gold said Newcrest Mining had taken up its option to take over management of the Juri joint venture in the Paterson region of Western Australia. Under the terms of the farm-in and joint venture agreement which governs the Juri Joint Venture, Newcrest could elect to become the joint venture manager at any time following an initial period.

Greatland Gold says Newcrest to take over running of Juri joint venture

Australia's New South Wales state is still considering additional license conditions for Newcrest Mining Ltd's most profitable gold mine, which is required to meet certain air quality standards as part of its expansion plan.

Australia's NSW still mulling changes to license conditions for Newcrest's Cadia mine

(Kitco News) - Newcrest Mining Ltd's (NCM.AX) Cadia mine in Australia's New South Wales (NSW) state is facing a fresh investigation over emission of dust and other pollutants, the state's Environment Protection Authority (EPA) said on Monday.

Newcrest's Cadia gold mine faces fresh probe for dust pollution

Australian gold miner Newcrest Mining said on Monday it would back Newmont A$26.2 billion ($17.8 billion) takeover offer in one of the world's largest buyouts so far this year.

Australian gold miner Newcrest backs Newmont's $17.8 billion offer

(Kitco News) - Metallic Minerals (TSX.V: MMG) announced last week a strategic equity investment by a wholly-owned subsidiary of Newcrest Mining in the form of a non-brokered private placement, with the goal of advancing the company's La Plata copper-silver-gold-platinum group element alkalic porphyry project in Colorado, U.S.

Metallic Minerals announces $6.3 million strategic equity investment by Newcrest Mining

Canadian miner Newmont's acquisition of Newcrest Mining has solidified its position as the world's largest gold producer with pro forma attributable gold production of more than 8 million ounces, almost double that of the second largest producer Barrick Gold, analysts at Canaccord Genuity (TSX:CF, LSE:CF) have highlighted.  Newmont announced on Sunday evening that it has reached an all-share, friendly acquisition deal with Australian gold and copper miner Newcrest, which the analysts noted was in line with the best and final offer previously indicated by Newmont on April 10.

Newmont solidifies position as world's largest gold producer with Newcrest acquisition: broker

Magellan Midstream Partners

ONEOK

Markets looked as if they'd get a modest bump higher on Monday morning. Newmont Mining and Newcrest Mining agreed to sweetened merger terms.

2 Big Mergers to Watch Monday

The takeover would cement Newmont's position as the world's largest producer of gold, while also increasing its exposure to copper, a metal key to the global transition to cleaner energy.

Newmont to Buy Newcrest for $17.5 Billion. Why It May Have Struck More Than Gold.

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 Transaction expected to establish a clear global leader in gold production by combining two of the world's largest producers, with a significant and growing exposure to copper Newcrest shareholders to receive 0.400 Newmont shares for each Newcrest share held with Newcrest additionally permitted to pay a franked special pre-completion dividend of up to US$1.10 per share 2 Melbourne, Australia--(Newsfile Corp. - May 14, 2023) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) has entered into a binding scheme implementation deed (SID) with Newmont Corporation (Newmont), in relation to a proposal for Newmont to acquire 100% of the issued shares in Newcrest by way of a scheme of arrangement (Newmont Transaction). Under the terms of the Newmont Transaction, Newcrest shareholders will be entitled to receive 0.400 Newmont shares for each Newcrest share held (Scheme Consideration).

Newcrest Enters into Binding Scheme Implementation Deed with Newmont

(Kitco News) - Newcrest said that shareholders will receive 0.400 Newmont shares for each Newcrest share and a special dividend of up to $1.10 per share paid by Newcrest, representing a 30.4 percent premium.

Newmont enters into definitive agreement to acquire Newcrest

​Newmont said it has agreed to acquire Australia's Newcrest Mining for $17.5 billion, in what would be the largest-ever M&A deal in the gold-mining industry.

News for Newcrest Mining Ltd Stock (NCMGY)