Past year: ▲ 40%(80.97 – 130.00 USD)
Each one in plain English, with the numbers worked through for a shareholder.
13 Aug 2026material agreement▲ GoodMajor
Newmont and Barrick restructured their Nevada Gold Mines joint venture: Barrick's Fourmile project and Newmont's Fiberline and Mike projects will be contributed to the JV, with Newmont paying Barrick $1.95 billion cash and matching it with a $1.95 billion capital contribution against Barrick's roughly $3.11 billion - deepening the seven-year-old JV with a promising new deposit.
26 July 2024business combination● Neutral
Newmont filed the required unaudited pro forma financials showing its 2023 results as if the Newcrest acquisition had been in effect all year - a technical accounting filing, not a new development.
8 Mar 2024debt financing● Neutral
Newmont raised $2 billion in new notes (due 2026 and 2034) and used the proceeds to pay down its revolving credit facility, completing the refinancing of debt taken on to close the Newcrest acquisition.
22 Feb 2024debt financing● Neutral
Newmont expanded and extended its revolving credit facility (from $3.0 billion to $4.0 billion, maturity pushed to 2029) and drew $1.5 billion on it days later to repay bilateral debt it had assumed as part of the Newcrest acquisition.
29 Dec 2023debt financing● Neutral
Newmont exchanged roughly $1.6 billion of legacy Newcrest Finance notes (due 2030/2041/2050) for new Newmont-issued notes on the same terms, absorbing Newcrest's bonds the same way it had absorbed Goldcorp's in 2019.
6 Nov 2023asset acquisition disposition▲ GoodMajor
Newmont completed its acquisition of Newcrest Mining on November 6, 2023, issuing 0.400 Newmont shares (or equivalent depositary interests) per Newcrest share - Newcrest is now a wholly-owned subsidiary, making Newmont the world's largest gold miner.
4 Oct 2023business combination● Neutral
Newmont's special shareholder vote to approve share issuance for the Newcrest acquisition was set for October 11, 2023; two shareholder lawsuits were filed alleging the merger proxy omitted material information - routine deal litigation, not a threat to closing.
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.
21 Dec 2021debt financing● Neutral
Newmont issued $1 billion of its first sustainability-linked notes (2.600% due 2032, with a rate step-up if ESG targets are missed), using proceeds to retire the last of the legacy Newmont and Goldcorp 2023 notes.
31 Mar 2021debt financing● Neutral
Newmont amended its 2019 revolving credit facility, extending its maturity from 2024 to 2026, preparing for the end of LIBOR, and adding an ESG-linked pricing adjustment tied to sustainability scores.
19 Mar 2020debt financing● Neutral
Newmont sold $1 billion of new 2.250% notes due 2030 to fund tender offers retiring more of its own and Goldcorp's remaining higher-coupon notes - continued post-merger balance-sheet cleanup, around the same time the combined company dropped the 'Goldcorp' name to become Newmont Corporation.
18 Dec 2019material agreement▲ GoodMajor
Newmont agreed to sell its 50% stake in Australia's Kalgoorlie Consolidated Gold Mines joint venture (the Super Pit) to Northern Star Resources for US$800 million cash, plus a $25 million option fee tied to Newmont's related power business - exiting a legacy, non-core Western Australian asset.
16 Sept 2019debt financing● Neutral
Newmont sold $700 million of new 2.800% notes due 2029, using the proceeds to repay $626 million of notes maturing the following month - routine refinancing.
29 Aug 2019material agreement● Neutral
Newmont restructured guarantee arrangements on its 2035 notes tied to the new Nevada Gold Mines joint venture: the JV briefly guaranteed the notes, then was released as guarantor after bondholders consented - a technical cleanup, not a change in Newmont's own debt obligations.
5 July 2019asset acquisition disposition▲ GoodMajor
The Newmont-Barrick Nevada joint venture became effective July 1, 2019 as Nevada Gold Mines LLC, formalized in an amended implementation agreement and a new LLC operating agreement - the tie-up announced in March is now up and running.
23 Apr 2019debt financing● Neutral
Newmont Goldcorp exchanged roughly $1.7 billion of legacy Goldcorp notes (due 2021/2023/2044) for new Newmont Goldcorp notes on the same terms, absorbing Goldcorp's outstanding bonds onto the combined company's balance sheet.
22 Apr 2019asset acquisition disposition▲ GoodMajor
Newmont completed its acquisition of Goldcorp on April 18, 2019, paying 0.3280 Newmont shares plus $0.02 cash per Goldcorp share (about 285 million new Newmont shares issued) - Goldcorp is now a wholly-owned subsidiary.
15 Apr 2019business combination▲ GoodMajor
Canada cleared the Newmont-Goldcorp merger and Newmont confirmed it would seat five former Goldcorp directors on the combined board, clearing the last major hurdles; the companies expected to close around April 18, 2019.
10 Apr 2019debt financing● Neutral
Newmont replaced its existing credit facility with a new $3.0 billion revolving credit facility (plus up to $1.2 billion in letters of credit) from a bank syndicate led by Citibank, running to 2024.
1 Apr 2019business combination● Neutral
Newmont settled a shareholder lawsuit alleging its Goldcorp merger proxy omitted material information, agreeing to add supplemental disclosures without admitting wrongdoing - a routine step clearing the way for the shareholder vote.
25 Mar 2019dividend declaration▲ Good
Newmont declared a one-time $0.88/share special dividend conditional on shareholders of both Newmont and Goldcorp approving their pending merger; Mexican antitrust regulators cleared the deal without conditions.
12 Mar 2019material agreement▲ GoodMajor
Newmont agreed to combine its Nevada mining operations with rival Barrick's in a new joint venture (61.5% Barrick / 38.5% Newmont, with Barrick as operator), and Barrick withdrew its earlier hostile all-stock takeover bid for Newmont as part of the same deal.
