6 Sept 2023director interest notice● Neutral
NEWMONT Corp /DE/ President & CEO Thomas Ronald Palmer sold 11,000 shares at $39.91.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
5 Sept 2023business combination● NeutralMajor
Newmont filed the final proxy statement for the Newcrest deal and set the stockholder meeting for October 11, 2023. The terms are unchanged (0.400 Newmont shares per Newcrest share, about 31%/69% Newcrest/existing split), but the deal agreement was amended by a letter deed dated September 4, 2023, and a deed poll was signed that day. The board unanimously recommends voting for the share issuance, which is required for the deal to proceed; the authorized share increase is not a closing condition. Closing is still expected in Q4 2023.
23 Aug 2023business combination● NeutralMajor
Newmont filed a preliminary proxy statement asking its stockholders to vote on the Newcrest acquisition agreed on May 15, 2023 (about $19 billion at announcement, 0.400 Newmont shares per Newcrest share). Votes are sought on issuing the shares, and on raising authorized common shares from 1,280,000,000 to 2,550,000,000. Former Newcrest holders would own about 31% of Newmont after closing, which is still expected in Q4 2023. Meeting date and some details are left blank pending the final version.
3 Aug 2023director interest notice● Neutral
NEWMONT Corp /DE/ President & CEO Thomas Ronald Palmer sold 11,000 shares at $42.16.
31 July 2023director interest notice● Neutral
NEWMONT Corp /DE/ EVP, Chief Strat. & Sustain. Peter Toth had 12,790 shares withheld for taxes on vesting stock.
26 July 2023director interest notice● Neutral
NEWMONT Corp /DE/ Interim Chief Legal Officer Mark David Ebel received 11,566 shares as part of the equity award.
26 July 2023director interest notice● Neutral
NEWMONT Corp /DE/ EVP & CFO Karyn F. Ovelmen received 30,071 shares as part of the equity award.
20 July 2023quarterly activities report● Neutral
NEWMONT Corp /DE/ reported quarterly revenue of $2683.0 million and net income of $155.0 million for the period ended 2023-06-30.
20 July 2023quarterly activities report● Neutral
NEWMONT Corp /DE/ reported quarterly revenue of $2683.0 million and net income of $155.0 million for the period ended 2023-06-30.
6 July 2023director interest notice● Neutral
NEWMONT Corp /DE/ President & CEO Thomas Ronald Palmer sold 11,000 shares at $42.85.
3 July 2023director interest notice● Neutral
Mark David Ebel became a NEWMONT Corp /DE/ Interim Chief Legal Officer and company insider (initial ownership filing).
3 July 2023director interest notice● Neutral
Suzanne P Retallack became a NEWMONT Corp /DE/ CSSO and company insider (initial ownership filing).
2 June 2023director interest notice● Neutral
Karyn F. Ovelmen became a NEWMONT Corp /DE/ EVP & CFO and company insider (initial ownership filing).
2 June 2023director interest notice● Neutral
NEWMONT Corp /DE/ President & CEO Thomas Ronald Palmer sold 11,000 shares at $40.84.
15 May 2023business combination▲ GoodMajor
Newmont agreed to acquire Australia's Newcrest Mining in an all-stock deal (0.400 Newmont shares per Newcrest share, via an Australian court-approved scheme of arrangement), expected to close in Q4 2023 - a major combination of two of the world's largest gold producers.
3 May 2023director interest notice● Neutral
NEWMONT Corp /DE/ EVP & COO Robert D Atkinson sold 3,000 shares at $47.76.
3 May 2023director interest notice● Neutral
NEWMONT Corp /DE/ President & CEO Thomas Ronald Palmer sold 11,000 shares at $47.76.
2 May 2023director interest notice● Neutral
NEWMONT Corp /DE/ director Garza Jose Manuel Madero received 3,797 shares as part of the equity award.
2 May 2023director interest notice● Neutral
NEWMONT Corp /DE/ director Gregory H Boyce received 3,797 shares as part of the equity award.
2 May 2023director interest notice● Neutral
NEWMONT Corp /DE/ director Susan N Story received 3,797 shares as part of the equity award.
2 May 2023director interest notice● Neutral
NEWMONT Corp /DE/ director Bruce R Brook received 3,797 shares as part of the equity award.
2 May 2023director interest notice● Neutral
NEWMONT Corp /DE/ director Mary A Laschinger received 3,797 shares as part of the equity award.
2 May 2023director interest notice● Neutral
NEWMONT Corp /DE/ director Julio M Quintana received 3,797 shares as part of the equity award.
2 May 2023director interest notice● Neutral
NEWMONT Corp /DE/ director Maura J Clark received 3,797 shares as part of the equity award.
2 May 2023director interest notice● Neutral
NEWMONT Corp /DE/ director Patrick Awuah received 3,797 shares as part of the equity award.
2 May 2023director interest notice● Neutral
NEWMONT Corp /DE/ director Emma Fitzgerald received 3,797 shares as part of the equity award.
2 May 2023director interest notice● Neutral
NEWMONT Corp /DE/ director Rene Medori received 3,797 shares as part of the equity award.
2 May 2023director interest notice● Neutral
NEWMONT Corp /DE/ director Jane Nelson received 3,797 shares as part of the equity award.
27 Apr 2023quarterly activities report● Neutral
NEWMONT Corp /DE/ reported quarterly revenue of $2679.0 million and net income of $351.0 million for the period ended 2023-03-31.
27 Apr 2023quarterly activities report● Neutral
Newmont reported first quarter 2023 revenue of about $2.7 billion, down 11 percent on the prior year, and net income of $363 million ($339 million from continuing operations). Adjusted EBITDA was $990 million.