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

Analysts at Canaccord Genuity (TSX:CF, LSE:CF) Group Inc noted that a potential Newmont Corporation and Newcrest Mining combination would solidify Newmont's position as the world's largest gold producer. Newmont has made a non-binding indicative offer to acquire Newcrest Mining (NCM) for 0.38 Newmont shares per NCM share (A$27.16/share), a 21% premium to Friday's close and values Newcrest at US$17 billion.

Newmont and Newcrest tie up would solidify Newmont's position as world's largest gold producer, says Canaccord

Newmont (NYSE: NEM ) stock is in the news Monday as the company reveals plans to purchase Newcrest Mining. Newcrest Mining is the largest gold miner in Australia.

NEM Stock Alert: What to Know as Newmont Offers to Buy Newcrest Mining

Catalent

Danaher

Life Storage

Public Storage

Mergers and acquisitions are off to a hot start in February as major gold miners and public storage REITs propose $28 billion in deals. The post Takeover News: February Opens With M&A Bang As Gold Miners, REITs Pitch $28 Billion In Deals appeared first on Investor's Business Daily.

Takeover News: February Opens With M&A Bang As Gold Miners, REITs Pitch $28 Billion In Deals

From the Newmont perspective, the deal is certainly achievable. It was only back in 2019 when the company tabled a successful US$10bn for Goldcorp.

Newmont's move on Newcrest may spark a new round of consolidation in mining, even if there are still significant headwinds

Shares of Newmont Corp. NEM, -4.92% dropped 6.1% in premarket trading Monday, after the gold miner confirmed that it made a bid to buy Australia-based Newcrest Mining Ltd., in proposed stock deal.

Gold miner Newmont stock sinks to lead S&P 500 decliners after confirmation of bid to buy Australia's Newcrest Mining

Newmont is pursuing Australia's Newcrest, with rival miners including Canada's Barrick Gold as potential counter bidders.

Newmont Makes $17 Billion Offer for Australia's Newcrest. A Bidding War Could Be Coming.

Newmont, the world's biggest gold miner by market capitalisation has made a US$16.9bn play for Newcrest, the biggest gold miner in Australia. The move comes at a time of uncertainty for Newcrest, which is seeking a new boss after previous chief executive Sandeep Biswas stepped down in December.

Newmont bids for Australian gold champion Newcrest

(Kitco News) - Newcrest has been investing heavily in northern British Columbia, also known as the Golden Triangle. In the last decade it acquires Imperial Metals Red Chris Mine. In 2021 it acquired Pretium. Newmont has also been busy in the region, acquiring GT Gold for just under C$400 million in 2021.

Newcrest pops on news of Newmont's $16.9 million bid

U.S. gold producer makes second offer after Newcrest rejected an earlier proposal as too low

Newmont Proposes $17 Billion Takeover of Australia's Newcrest Mining

Melbourne, Australia--(Newsfile Corp. - February 5, 2023) - Following recent media speculation, Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) confirms that on 5 February 2023 it received a conditional and non-binding indicative proposal from Newmont Corporation (Newmont) to acquire 100% of the issued shares of Newcrest by way of a scheme of arrangement (Indicative Proposal). Under the Indicative Proposal, Newcrest shareholders would be entitled to receive 0.

Newcrest Announces Non-Binding Indicative Offer from Newmont

Australia's No. 1 gold miner Newcrest Mining Ltd on Monday said it received a non-binding all-stock takeover offer implying an equity value of $16.93 billion from U.S.-based gold miner Newmont Corporation.

Australian gold miner Newcrest gets $16.9 bln buyout offer from Newmont Corp

(Kitco News) - Newcrest said that the Lihir Phase 14A project is expected to deliver ~400koz of incremental gold production over the next 4 years.

Newcrest produces 512koz of gold in December quarter, endorses Lihir phase 14A project

Q2 results strengthen growth potential across expanding exploration portfolioAt Brucejack, drilling continues to enhance the resource growth potential at the Valley of the Kings (VOK) deposit and the surrounding area, with intercepts expanding the strike extent at the 1080 HBx Zone and demonstrating continuity at Golden Marmot which are located outside the current Pretium published resource.

Newcrest Mining Limited - Quarterly Exploration Report - 31 December 2022

For the three months ended 31 December 2022(figures are unaudited and in US$ except where stated)On track to deliver FY23 guidance as key growth projects advance to execution Solid second quarter with gold and copper production expected to increase in the March 2023 quarter1,2Gold production of 512koz3 and copper production of 35ktAll-In Sustaining Cost (AISC) of $1,082/oz3, delivering an AISC margin of $591/oz4 Advancing multiple gold and copper growth optionsCadia

Newcrest Mining Limited - Quarterly Report - 31 December 2022

Cadia PC1-2 Feasibility Study demonstrates strong financial returns Feasibility Study estimated IRR of 18% and NPV of US$1.

Newcrest Announces Cadia PC1-2 Feasibility Study Demonstrates Strong Financial Returns

Newcrest Mining Limited has been facing immense pressure due to the industry where it operates. The Australian gold miner is good at managing costs and enjoys a relatively stable financial position.

Newcrest Mining Limited: An Undervalued Stock In A Future Star Industry

Melbourne, Australia--(Newsfile Corp. - November 7, 2022) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) (Newcrest) is pleased to announce that it is proceeding with the West Dome Stage 8 cutback at its Telfer operation, with the Newcrest Board approving a total investment of A$214 million (~US$150 million) inclusive of mine operating costs and A$73 million (~US$51 million) of capitalised production stripping.

Newcrest Announces Telfer Mine Life Further Extended with West Dome Stage 8 Approval

Greatland Gold PLC (AIM:GGP, OTC:GRLGF) highlighted a positive exploration and development update released for the Havieron gold-copper project in Western Australia by joint venture partner Newcrest Mining Ltd.  New high-grade mineralised intercepts were identified in Northern Breccia and between the South East Crescent and the Eastern Breccia increasing the potential for these two zones to link, said Greatland.

Greatland Gold highlights positive update from Newcrest Mining on Havieron exploration and development

Critical incident at Brucejack mine Melbourne, Australia--(Newsfile Corp. - October 23, 2022) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) (Newcrest) regrets to advise that a team member from its mining and development contractor, Procon, was involved in a critical incident at the Brucejack mine in British Columbia, Canada, on Saturday 22 October 2022. The Brucejack mine rescue team is in the process of determining safe entry into the incident location.

Newcrest Announces Critical Incident at Brucejack Mine

Newcrest released its FY2022 results last month, reporting annual production of ~1.96 million ounces of gold at all-in sustaining costs of $1,043/oz. This marked a decline in output FY2021 and a sharp rise in costs, but 2023 should look much different with full contribution from Brucejack & higher production from Lihir.

Newcrest Mining: Decent Performance In A Challenging Year

Newcrest Mining Limited (OTCPK:NCMGF) Q4 2022 Earnings Conference Call August 18, 2022 7:30 PM ET Company Participants Tom Dixon - Head, Investor Relations Sandeep Biswas - Managing Director and Chief Executive Officer Sherry Duhe - Chief Financial Officer Conference Call Participants Rahul Anand - Morgan Stanley David Radclyffe - Global Mining Research Matt Greene - Credit Suisse Kate McCutcheon - Citi Daniel Morgan - Barrenjoey Levi Spry - FactSet Anita Soni - CIBC Tanya Jakusconek - Scotiabank Al Harvey - JPMorgan Operator Thank you for standing by and welcome to the Newcrest Mining Full Year Financial Results Call. [Operator Instructions] I would now like to hand the conference over to Mr.

Newcrest Mining Limited (NCMGF) CEO Sandeep Biswas on Q4 2022 Results - Earnings Call Transcript

Cadia ventilation rise remediation progressing with no production impacts expected Melbourne, Australia--(Newsfile Corp. - August 3, 2022) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) (Newcrest) confirms that activities are underway to remediate instability identified in a ventilation rise at its Cadia mine, which are not expected to impact FY23 production. All surface activities remain operational, with significant surface stockpiles available for processing well into September 2022.

Newcrest Announces - Cadia Vent Rise Remediation Progressing with No Production Impacts Expected

Strong final quarter delivers FY22 gold production guidance at lower cost FY22 gold production guidance achieved, with record Cadia All-In Sustaining Cost performance1June quarter gold production of 637koz2 and copper production of 39kt, resulting in FY22 gold production of 1,956koz and copper production of 121ktJune quarter All-In Sustaining Cost (AISC) of $896/oz2, delivering an AISC margin of $958/oz3 FY22 AISC of $1,044/oz, delivering an AISC margin of 41% or $732/oz3 for the financial...

Newcrest Mining Limited - Quarterly Report - June 2022

Newcrest is getting ready to release its fiscal Q4 (CYQ2) results in the next month, and expects a strong finish to the year with a full quarter's contribution from Brucejack. Looking ahead to FY2023, we should see immediate growth to ~2.4 million ounces of gold at sub $1,000/oz costs, an improvement from FY2022 levels (~$1,150/oz estimates).

Newcrest Mining: Entering A Low-Risk Buy Zone

Australia's Newcrest Mining Ltd posted a 10% rise in third-quarter gold production on Thursday, helped partly by strong output due to higher mill throughput rates at its flagship Cadia mine.

News for Newcrest Mining Ltd Stock (NCMGY)