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

Newmont has agreed to acquire Newcrest by way of an Australian Scheme of Arrangement (“Scheme”), under which Newmont will acquire 100 percent of the issued shares in Newcrest Mining Limited (“Newcrest”)

Newmont Enters into Definitive Agreement to Acquire Newcrest

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 100% of the issued shares in Newcrest, by way of a scheme of arrangement (Revised Proposal). On 14 April 2023, Newcrest announced that it had granted Newmont exclusivity until 11:59pm on 11 May 2023 to allow Newmont to conduct confirmatory due diligence on an exclusive basis.

Newcrest Announces Exclusivity period with Newmont extended

(Kitco News) - The board of Newcrest Mining is willing to see its company be acquired by Newmont, according to a report by Bloomberg.

Newmont nearing takeover of Newcrest - report

(Kitco News) - Newcrest (TSX: NCM), one of the world's largest gold mining companies, yesterday reported gold production of 510 koz and copper production of 31 kt in the March quarter of 2023.

Newcrest produces 510 koz of gold in March quarter, says on track to achieve FY23 guidance

Exploration portfolio continues to deliver on growth strategy Melbourne, Australia--(Newsfile Corp. - April 26, 2023) - Newcrest (ASX: NCM) (TSX: NCM) (PNGX: NCM) continues to deliver on its global exploration growth strategy to identify Tier 1 mineral deposits which have the potential to provide long term operations in emerging copper-gold provinces. At Red Chris, the application of our mining capabilities and a willingness to explore deeper have unlocked a significant mineral endowment and opportunity in an emerging world-class copper-gold province.

Newcrest Mining Limited - Quarterly Exploration Report - 31 March 2023

For the three months ended 31 March 2023(figures are unaudited and in US$ except where stated) On track for Group FY23 production guidance after solid Q3 performance 1 , 2 Corporate update Newcrest granted Newmont exclusive due diligence following revised non-binding indicative proposal in April 2023 to acquire 100% of the issued shares of Newcrest Safety and sustainability Third consecutive quarter of reduced injury rates with zero recordable injuries at Cadia and Lihir Key trials and studies to support the Group Net Zero Emissions Roadmap progressing as planned Newcrest Sustainability Fund continues to support local communities with three new projects commencing Third quarter operating performance Gold production of 510koz3 and copper production of 31kt All-In Sustaining Cost (AISC) of $1,012/oz3, delivering an AISC margin of $837/oz4 Gold and copper production expected to increase in the June 2023 quarter2 Advancing multiple gold and copper growth options Wafi-Golpu Framework Memorandum of Understanding (MOU) signed, marking a key milestone towards development of the project East Ridge Exploration Target at Red Chris significantly enhanced following continued exploration success5 Red Chris Block Cave Feasibility Study expected to be completed in H2 CY236 Cadia delivered first ore from PC2-3 Lihir Phase 14A Feasibility Study demonstrated attractive financial returns as further studies evaluate the potential extension of Lihir's elevated production profile beyond FY316 Brucejack transformation program progressing multiple value opportunities as exploration success continues Melbourne, Australia--(Newsfile Corp. - April 26, 2023) - Newcrest (ASX: NCM) (TSX: NCM) (PNGX: NCM) Interim Chief Executive Officer, Sherry Duhe, said, "We continued to deliver on our strategy in 2023, with our pipeline of high-quality organic gold and copper growth projects marking a number of important milestones. At Lihir, the Phase 14A Feasibility Study was released early in the quarter, demonstrating attractive financial returns with upside potential as we look to unlock additional high grade mineralisation outside the current Ore Reserve.

Newcrest Mining Limited - Quarterly Report - 31 March 2023

(Kitco News) - Newcrest (TSX: NCM) announced on Friday that the company and Newmont (TSX: NGT) have now entered into an exclusivity deed, satisfying a condition of Newmont's revised conditional and non-binding proposal to acquire 100% of the issued shares in Newcrest by way of a scheme of arrangement.

Newcrest and Newmont enter into exclusivity deed

Melbourne, Australia--(Newsfile Corp. - April 14, 2023) - Further to the ASX announcement dated 11 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 100% of the issued shares in Newcrest, by way of a scheme of arrangement (Revised Proposal). Newcrest and Newmont have now entered into an exclusivity deed, satisfying a condition of Newmont's proposal.

Newcrest and Newmont Enter into Exclusivity Deed

Rio Tinto plc Sponsored

Teck Resources

Glencore PLC (LSE:GLEN)'s attempt to acquire Teck Resources Ltd (TSX:TECK.B) as well as Newmont Corporation's sweetened takeover offer for Newcrest Mining Limited (ASX:NCM), Australia's largest listed gold miner, have helped boost investor interest in mining stocks recently.  Shares of Teck Resources, for example, have surged 33% over the last six months, while Rio Tinto PLC (LSE:RIO)'s NYSE-listed stock has moved 25% higher during the same time.

Mining stocks boosted by M&A activity and higher commodity prices

Newmont Corporation sweetened its offer by submitting a final revised takeover offer to Australia's largest listed gold miner Newcrest Mining Limited (ASX:NCM), bidding a 46% premium to the closing price of Newcrest shares as on February 3, 2023.   The latest offer values Newcrest Mining at $19.5 billion, which would make it the largest-ever M&A deal in the gold-mining industry, if successful, noted The Wall Street Journal.

Newmont raises bid for Newcrest takeover, offers a big premium by valuing the miner at $19.5 billion

Newmont (NYSE: NEM ) stock is in the news Tuesday after the company made a new offer to acquire Newcrest (OTCMKTS: NCMGY ) for $19.5 billion. The newest offer from Newmont as it offering up 0.4 shares of NEM stock in exchange for Newcrest shares.

NEM Stock Alert: Newmont Sweetens Bid for Newcrest to $19.5 Billion

Acquiring Newcrest would cement Newmont's position as the world's largest gold miner. A deal be the largest-ever merger in the gold mining industry.

Newmont Raises Offer for Rival Gold Miner Newcrest

The world's largest gold producer, Newmont, seeks to strengthen its position with its bid for smaller Aussie rival Newcrest. Gold stocks were mixed.

Gold Stocks: Newmont Sweetens Newcrest Takeover Offer In High-Stakes Bid

Newmont Raises Offer for Australia's Newcrest to $19.5 Billion. Gold Mergers Get Bigger.

The takeover would be the largest-ever M&A deal in the gold-mining industry if successful.

Newmont Raises Bid for Australia's Newcrest to $19.5 Billion

DENVER--(BUSINESS WIRE)--Newmont Corporation (NYSE: NEM, TSX: NGT) submitted a revised non-binding indicative proposal to the Board of Directors of Newcrest Mining Limited (Newcrest) to acquire 100 percent of the issued share capital of Newcrest by way of an Australian Scheme of Arrangement, under which Newcrest shareholders would receive 0.400x Newmont shares per each Newcrest share held.

Newmont to Enter into Confirmatory Due Diligence on Newcrest

Revised conditional and non-binding proposal is at 0.400x exchange ratio and, in addition, permits Newcrest to pay a franked special dividend of up to US$1.10 per share Represents an aggregate implied value of A$32.87 per share to Newcrest shareholders 1 Newcrest has agreed to grant Newmont the opportunity to conduct confirmatory due diligence to put forward a binding proposal Melbourne, Australia--(Newsfile Corp. - April 10, 2023) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) advises that it has received a revised conditional and non-binding proposal (Revised Proposal) from Newmont Corporation (Newmont) to acquire 100% of the issued shares in Newcrest, by way of a scheme of arrangement. Under the Revised Proposal, Newcrest shareholders would be entitled to receive 0.400 Newmont shares for each Newcrest share held.

Newcrest Announces Revised Non-Binding Indicative Proposal Received from Newmont

Melbourne, Australia--(Newsfile Corp. - April 6, 2023) - Newcrest (ASX: NCM) (TSX: NCM) (OTC PINK: NCMGF) (PNGX: NCM) and its Wafi-Golpu Joint Venture (WGJV) partner Harmony Gold (through their respective PNG subsidiaries) have today signed a Framework Memorandum of Understanding (MOU) with the Independent State of Papua New Guinea. The MOU represents a substantial step forward in progressing towards the signing of a Mining Development Contract for Wafi-Golpu and confirms the parties' intent to proceed with the project, subject to finalising the permitting process and approvals of both the Newcrest and Harmony Gold Boards.

Newcrest Announces Wafi-Golpu Framework MOU Signed

There are 40bn reasons to upbeat about the prospects for the gold sector. In dollar terms, the number above is the value of merger and acquisition activity seen so far this year in the sector.

Newmont, Newcrest and the reasons to be upbeat on gold miners

On March 13, 2023, we learned from Seeking Alpha that Newcrest Mining Limited and Newmont Corporation agreed on terms for a round of early-stage takeover talks. As a Newmont Corporation shareholder, I do not favor such a deal and will vote against the merger, which I considered already too expensive with the 0.38 swap.

Newmont Acquisition Of Newcrest: Another Blow Coming Shareholders' Way

Vancouver, British Columbia--(Newsfile Corp. - March 2, 2023) - Gunpoint Exploration, Ltd. (TSXV: GUN) ("Gunpoint" or the "Company") is pleased to report the initial phase exploration results by Newcrest Mining Ltd. ("Newcrest") on Gunpoint's Appaloosa gold-silver project in central Nevada. As previously announced, Newcrest has elected to enter into the Option phase on an earn-in agreement ("Agreement") to acquire up to 75% in Gunpoint's Appaloosa property for payments totaling US$5 million, incurring US$35 million in exploration expenditures and delineating a minimum 1.0 million-ounce gold indicated resource (see Gunpoint's press release dated September 28, 2022).

Newcrest Exploration Activity Confirms Epithermal Alteration over Six Kilometers Along Appaloosa Trend

Newcrest Mining is a US $17B gold miner with a diverse set of quality assets in Australia, the Americas and the Asia Pacific. The firm was the subject of an all-share takeover offer by American giant Newmont Mining.

Newcrest Mining: Bidding War For Aussie Gold Miner On The Cards

Newcrest Mining Ltd (OTCPK:NCMGF) Q2 2023 Earnings Conference Call February 15, 2023 6:00 PM ET Company Participants Tom Dixon - Head, IR Sherry Duhe - Interim CEO Dan O'Connell - Interim CFO Suresh Vadnagra - Chief Technical & Projects Officer Craig Jones - Interim COO Conference Call Participants Rahul Anand - Morgan Stanley Kate McCutcheon - Citigroup Levi Spry - UBS Andrew Bowler - Macquarie Research Mitch Ryan - Jefferies Anita Soni - CIBC Capital Markets Daniel Morgan - Barrenjoey Markets John Tumazos - John Tumazos for Independent Research. Matthew Greene - Crédit Suisse Tom Dixon Good morning, and welcome to Newcrest Mining's Half Year Financial Results Conference Call.

Newcrest Mining Ltd (NCMGF) Q2 2023 Earnings Call Transcript

Australia's largest gold mining giant Newcrest (AU:NCM) grabbed local headlines on Monday after confirming they had received a non-binding takeover offer from Colorado based gold mining company Newmont Corp (NEM).

Newcrest Mining Confirms Takeover Bid From Newmont After Media Speculation

The Newmont Corporation has made an indicative $16.9 billion takeover offer for Australia's top goldminer Newcrest Mining to combine the goldmining companies' assets in China and Australia.

News for Newcrest Mining Ltd Stock (NCMGY)