Tag: Newcrest

Newcrest Announces Implementation of Scheme

2023-11-06 02:07:22 Melbourne, Australia–(Newsfile Corp. – November 6, 2023) – Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) announces that the proposed scheme of arrangement under which Newcrest will be acquired by Newmont Corporation (via its subsidiary, Newmont Overseas Holdings Pty Ltd) has been implemented today. Scheme Consideration Eligible Newcrest shareholders have received the […]

Newcrest Announces Scheme Becomes Effective

2023-10-17 18:17:46 Scheme becomes effective Melbourne, Australia–(Newsfile Corp. – October 17, 2023) – Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) announces that the scheme of arrangement under which Newcrest will be acquired by Newmont Corporation (via its subsidiary, Newmont Overseas Holdings Pty Ltd) is now legally effective. Newcrest today lodged the orders of […]

\Newcrest Mining Announces Federal Court of Australia Approves Scheme

2023-10-16 20:06:34 Melbourne, Australia–(Newsfile Corp. – October 16, 2023) – Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) announces that the Federal Court of Australia (Court) has today made orders approving the proposed scheme of arrangement under which Newcrest will be acquired by Newmont Corporation (via its subsidiary, Newmont Overseas Holdings Pty Ltd) (Scheme). […]

Newcrest Announces Shareholders Vote in Favour of Scheme

2023-10-12 21:44:59 Melbourne, Australia–(Newsfile Corp. – October 13, 2023) – Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) refers to the proposed scheme of arrangement under which Newcrest will be acquired by Newmont Corporation (via its subsidiary, Newmont Overseas Holdings Pty Ltd) (Scheme). Results of the Scheme Meeting In accordance with the ASX Listing […]

Newcrest Mining Announces Update on Regulatory Approvals for Scheme

2023-10-05 17:48:25 Melbourne, Australia–(Newsfile Corp. – October 5, 2023) – Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) refers to the proposed acquisition of Newcrest by Newmont Overseas Holdings Pty Ltd, a wholly owned indirect subsidiary of Newmont Corporation, by way of a scheme of arrangement (Scheme). Newcrest has been notified by Newmont that […]

Newcrest Mining Announces Special Dividend

2023-10-04 15:10:49 Melbourne, Australia–(Newsfile Corp. – October 4, 2023) – Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) announces that the Newcrest Directors have determined to pay a fully franked special dividend of US$1.10 (Special Dividend) in respect of Newcrest shares held on the Special Dividend Record Date, being 7.00pm (AEDT) on 19 October […]

Newcrest Announces Letter to Newcrest Shareholders

2023-09-13 01:02:38 Melbourne, Australia–(Newsfile Corp. – September 13, 2023) – Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) refers to its announcement made on 7 September 2023 that the Federal Court of Australia had approved convening of the Scheme Meeting and distribution of the Scheme Booklet in relation to the proposed acquisition of Newcrest […]

Newcrest Mining Announces Scheme Booklet Registered by ASIC

2023-09-07 20:49:04 Scheme Booklet registered by ASIC Melbourne, Australia–(Newsfile Corp. – September 7, 2023) – Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) refers to the announcement made on 7 September 2023 in connection with: the proposed acquisition of Newcrest by Newmont Overseas Holdings Pty Ltd, a wholly owned indirect subsidiary of Newmont Corporation, […]

Newcrest Announces Annual Mineral Resources and Ore Reserves Statement

2023-08-10 19:12:40 Annual Mineral Resources and Ore Reserves Statement – as at 30 June 2023 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 […]

Newcrest Announces FY23 Full Year Results

2023-08-10 18:01:01 (figures are in US$ except where stated) Higher gold and copper production with increased shareholder returns1 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 […]

Newcrest Enters into Binding Scheme Implementation Deed with Newmont

2023-05-14 17:50:16 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 Transaction1 Transaction expected to establish a clear global leader in gold production […]

Newmont Enters into Definitive Agreement to Acquire Newcrest

2023-05-14 15:17:24 Setting the Standard for Safe, Profitable and Responsible Gold and Copper Production from a World-Class Portfolio of Top-Tier Operations 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”) Newcrest shareholders to […]

Newcrest and Newmont Enter into Exclusivity Deed

2023-04-14 00:35:40 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 […]

Newmont to Enter into Confirmatory Due Diligence on Newcrest

2023-04-10 20:13:53 A Powerful Combination to Set the Standard in Safe, Profitable and Responsible Gold and Copper Mining DENVER / Apr 10, 2023 / 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 […]

Newcrest Announces Revised Non-Binding Indicative Proposal Received from Newmont

2023-04-10 16:29:26 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 shareholders1 Newcrest has agreed to grant Newmont the opportunity to conduct confirmatory due diligence to […]

Newcrest Exploration Update – 14 March 2023

2023-03-13 16:46:25 Red Chris exploration success expands East Ridge Exploration Target delivering additional mining potential Melbourne, Australia–(Newsfile Corp. – March 13, 2023) – Newcrest (ASX: NCM) (TSX: NCM) (PNGX: NCM) – At Red Chris, the Exploration Target for East Ridge has been significantly enhanced confirming the substantial discovery near existing infrastructure and indicating potential to […]

Newcrest Announces FY23 HY Results

2023-02-15 15:53:41 (figures are in US$ except where stated) Solid H1 performance and increased shareholder returns1,2,3,4,5,6 Safety and sustainability Extensive safety review completed at Brucejack following the tragic fatality in October 2022 Newcrest Sustainability Fund established with four programs underway to drive strategic social investments Scoping and planning of […]

Newcrest Announces Lihir Phase 14A Feasibility Study Unlocks Value

2023-01-24 16:23:30 Feasibility Study demonstrates attractive financial returns and a 2.9 year payback1,2,3 Incremental ~400koz of Phase 14A gold production expected over the next 4 years1,4,5 Study work underway to apply steep wall mining in the north and east of the Kapit orebody, with the potential to extend the elevated production profile beyond FY31 Enhanced […]

Gunpoint Exploration: Newcrest Mining Elects to Enter into the Option Phase on Appaloosa Property

2023-01-16 07:12:30 Vancouver, British Columbia–(Newsfile Corp. – January 16, 2023) – Gunpoint Exploration Ltd. (TSXV: GUN) (“Gunpoint” or the “Company”) is pleased to announce it has received written notice from Newcrest Resources Inc. (“Newcrest”), a subsidiary of Newcrest Mining Limited, electing to exercise the option to commence the Option Phase pursuant to the terms of […]

Newcrest Mining Receives Early Repayment of Credit Facility from Lundin Gold

2023-01-05 15:38:38 Melbourne, Australia–(Newsfile Corp. – January 5, 2023) – Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) announces that it has received early repayment of the gold prepay credit facility in the amount of $173 million (net of withholding taxes) from Lundin Gold Inc. (Lundin Gold). Newcrest acquired the gold prepay credit facility, […]

CEO Retires: Newcrest Announces Leadership Changes

2022-12-18 15:22:24 Melbourne, Australia–(Newsfile Corp. – December 18, 2022) – Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) today announced that Managing Director and Chief Executive Officer (CEO) Sandeep Biswas is retiring. Newcrest’s Chief Financial Officer (CFO) Sherry Duhe will assume the role of Interim CEO, effective today. Sherry joined Newcrest in February 2022, bringing […]

Newcrest Announces Brucejack Resumes Operations’

2022-11-16 01:04:18 Melbourne, Australia–(Newsfile Corp. – November 16, 2022) – Newcrest Mining Limited (Newcrest) (ASX: NCM) (TSX: NCM) (PNGX: NCM) announces that the Brucejack mine has resumed mining and processing operations pursuant to a safety-first restart plan. Newcrest Managing Director and Chief Executive Officer, Sandeep Biswas, said “The devastating incident at Brucejack is a stark […]

Newcrest Announces Critical Incident at Brucejack Mine

2022-10-23 16:31:37 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 […]

Headwater Gold Commences Exploration Programs on Four Earn-In Projects in Partnership with Newcrest Mining

2022-09-08 03:51:05 Vancouver, British Columbia – TheNewswire — September 8, 2022 – Headwater Gold Inc. (CSE:HWG) (OTCQB:HWAUF) (the “Company” or “Headwater”) is pleased to announce it has initiated the first phase of exploration activities on four projects partnered with Newcrest Mining Limited (“Newcrest”).  Pursuant to the earn-in agreements (the “Agreements”) announced on August 16, 2022, Newcrest […]

Headwater Gold Completes Non-Brokered Private Placement of Common Shares to Newcrest

2022-08-31 03:45:15 Vancouver, British Columbia – TheNewswire – August 31, 2022:  Headwater Gold Inc. (CSE:HWG) (OTC:HWAUF) (the “Company” or “Headwater”) is pleased to announce that further to its news release of August 16, 2022, the Company has completed the non-brokered private placement to raise gross proceeds of $871,424 through the sale of 5,446,397 common shares […]

Newcrest Announces Annual Mineral Resources & Ore Reserves Statement

2022-08-18 17:40:09 Annual Mineral Resources and Ore Reserves Statement – as at 30 June 2022 Mineral Resource growth at Havieron following successful drilling program Feasibility studies in progress for Lihir Phase 14A, Havieron, Cadia PC 1-2 and Red Chris Block Cave which will inform future Ore Reserve updates Work program in progress to estimate Brucejack1 […]

Newcrest Announces FY22 Full Year Results

2022-08-18 16:51:09 (figures are in US$ except where stated) Newcrest delivers strong FY22 performance as growth projects advance Strong operating and financial performance supports final dividend1,2,3,4,5 Statutory profit6 and Underlying profit7 of $872 million Cash flows from operating activities of $1,680 million Fully franked final dividend of US 20 cents per share Robust balance sheet […]

Newcrest Mining Limited – Quarterly Report – June 2022

2022-07-20 17:36:14 Strong final quarter delivers FY22 gold production guidance at lower cost FY22 gold production guidance achieved, with record Cadia All-In Sustaining Cost performance1 June quarter gold production of 637koz2 and copper production of 39kt, resulting in FY22 gold production of 1,956koz and copper production of 121kt June quarter All-In Sustaining Cost (AISC) of […]

Newcrest Mining Limited – Exploration Quarterly Report – June 2022

2022-07-20 17:36:14 Exploration success continues at Brucejack, Red Chris and Havieron At Brucejack, drilling continues to confirm the potential for resource growth at the Valley of the Kings deposit and the surrounding area with further high grade intercepts returned from the 1080 HBx Zone, the Bridge Zone and Gossan Hill North, which are all located […]

HAWKEYE Closes Sale of its BC Golden Triangle Properties to Newcrest Mining

2022-06-22 09:01:06 Vancouver, British Columbia, Canada – TheNewswire – June 22, 2022 – HAWKEYE Gold & Diamond Inc. (the “Company” or “HAWKEYE”) (TSXV:HAWK); (OTC:HWKDF) (Frankfurt Ticker:HGT); (WKN:A12A61) (ISIN: CA42016R3027): is pleased to announce it has closed upon the sale of its McBride, Railway, Boomerang and Todagin properties (“Properties”) to Newcrest Red Chris Mining Ltd. (“Newcrest”), […]

HAWKEYE Gold & Diamond Sells B.C. Golden Triangle Properties to Newcrest Mining

2022-03-21 15:48:07 Vancouver, British Columbia, Canada – TheNewswire – HAWKEYE Gold & Diamond Inc. (the “Company” or “HAWKEYE”) (TSXV:HAWK); (Frankfurt:HGT); (WKN:A12A61) (ISIN:CA42016R3027): is pleased to announce it has entered into an Asset Purchase Agreement (“Agreement”) to sell 100% of its interests in the McBride, Railway, Boomerang and Todagin properties (“Properties”) to Newcrest Red Chris Mining […]

Newcrest to Terminate US Reporting Obligations with US SEC

2022-03-20 22:47:02 Newcrest to terminate its U.S. reporting obligations with the U.S. Securities and Exchange Commission in respect of its Ordinary Shares Melbourne, Australia–(Newsfile Corp. – March 21, 2022) – Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) (Newcrest) intends to file a certification with the U.S. Securities and Exchange Commission (the SEC) today […]

Newcrest Announces Completion of the Acquisition of Pretium Resources

2022-03-09 02:23:44 Addition of a Tier 1, large scale, long life, low cost mine in a world class jurisdiction to Newcrest’s unrivalled asset portfolio Immediate increase in Newcrest’s gold production and cash flows Three phase transformation program initiated to optimise operations, realise full uplift potential and grow the Mineral Resource Targeted mill throughput capacity upside […]

Newcrest Acquisition of Pretivm Complete

2022-03-09 01:50:32 VANCOUVER, British Columbia, March 09, 2022 (GLOBE NEWSWIRE) — Pretium Resources Inc. (TSX/NYSE: PVG) (“Pretivm” or the “Company”) today announced that the previously announced acquisition of the Company by Newcrest Mining Limited (ASX/TSX/PNGX: NCM) (“Newcrest”) by way of a plan of arrangement (the “Transaction”) has been successfully completed. Information for Former Pretivm Shareholders […]

Newcrest Receives Final Approval for Pretivm Acquisition

2022-02-27 14:46:28 Melbourne, Australia–(Newsfile Corp. – February 27, 2022) – Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) (Newcrest) is pleased to announce that it has received approval under the Investment Canada Act and that all regulatory approvals have now been obtained in relation to the acquisition of Pretium Resources Inc. (Pretivm) (TSX: PVG) […]

Newcrest Mining Limited Announces HY Results FY22

2022-02-16 16:41:12 Half Year Results FY22 (figures are in US$ except where stated)Newcrest advances profitable growth agenda1,2,3,4,5 Creating a brighter future for people through safe and responsible mining More than six years fatality free Development of the Group Net Zero Emissions Roadmap is currently in progress Rollout of Respect@Work program […]

Pretium Resources Securityholders Approve Acquisition by Newcrest Mining

2022-01-20 18:11:02 Melbourne, Australia–(Newsfile Corp. – January 20, 2022) – Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) (Newcrest) is pleased to announce that Pretium Resources Inc. (TSX: PVG) (NYSE: PVG) (Pretivm) shareholders and optionholders (Securityholders) have voted overwhelmingly in favour of the special resolution to approve the plan of arrangement under which Newcrest […]

Newcrest Mining Welcomes Pretivm’s Release of Information Circular

2021-12-20 17:09:22 Melbourne, Australia–(Newsfile Corp. – December 20, 2021) – Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) today welcomes the release by Pretium Resources Inc. (TSX: PVG) (NYSE: PVG) (Pretivm) of the Management Information Circular (Circular) for the special meeting of shareholders and option holders (securityholders) of Pretivm. The Circular contains information on […]

Newcrest Mining Exploration Update – Junior Mining Network

2021-12-08 16:06:05 Exploration Update 9 December 2021  Red Chris and Havieron continue to deliver excellent drilling results At Red Chris, drilling continues to expand the footprint and continuity of the higher grade mineralisation of East Ridge. RC745 returned 366m @ 0.45g/t Au & 0.57% Cu from 728m, including 36m @ 1.4g/t Au & […]

Newcrest Mining Finance Director Retires from Board

2021-12-07 18:16:16 Melbourne, Australia–(Newsfile Corp. – December 7, 2021) – Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) announces that Mr. Gerard Bond has retired as Finance Director of Newcrest, following the close of Newcrest’s Board meeting on 8 December 2021 at 12pm. As previously announced, Mr. Bond decided to leave Newcrest after 10 […]

Newcrest New Chief Financial Officer Appointed

2021-11-15 19:37:35 Melbourne, Australia–(Newsfile Corp. – November 15, 2021) – Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) is pleased to announce that Ms Sherry Duhe has been appointed as Chief Financial Officer. Sherry will replace Gerard Bond, who as previously announced has decided to leave Newcrest after 10 years in the role of […]

Newcrest Agrees to Acquire Pretium Resources

2021-11-08 16:03:05 Newcrest agrees to acquire Pretium Resources1 Adds a Tier 1 large scale, long life, low cost mine to Newcrest’s portfolio of Tier 1 assets Immediately increases Newcrest’s gold production by >300koz pa (~15%) to well above 2Moz2,3,4 Accretive to Newcrest’s EBITDA and cash flow Provides immediate operational and financial diversification from a Tier […]

Newcrest Releases Its 2021 Sustainability Report

2021-11-02 14:38:44 Melbourne, Australia–(Newsfile Corp. – November 2, 2021) – Newcrest’s (ASX: NCM) (TSX: NCM) (PNGX: NCM) 2021 Sustainability Report, released today, shows continued progress in FY21 across health, safety, economic, environmental, social performance and governance despite the continued challenges of the COVID-19 pandemic. The safety, health and wellbeing of our people remains Newcrest’s highest […]

Newcrest Mining Limited Advances Its Global Organic Growth Portfolio

2021-10-11 18:14:50 Consistent strategic focus on maximising cashflow from long life, low cost, high margin assets All four organic growth options have PFS’s estimated to deliver an IRR of 16% or higher1 Projected 50% reduction in Group All-In Sustaining Cost per ounce over the next decade2,4 Material growth (+37%) in copper production, sourced exclusively from […]

Newcrest Mining Limited – Red Chris Block Cave PFS Confirms Tier 1 Potential

2021-10-11 18:13:26 Confirms Red Chris potential to become a world class, long life mine Estimated 17% IRR and C$2.3 billion NPV over an initial 31 year mine life1,2,3 Projected average 316kozpa gold and 80ktpa copper production from Macro Block 1 in FY29-341,2 Impressive Block Cave Life-of-Mine All-In Sustaining Cost of -C$180/oz1,2,4 […]

Newcrest Mining Limited – Chairman Peter Hay to Retire

2021-10-04 15:43:23 Melbourne, Australia–(Newsfile Corp. – October 4, 2021) – Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) announces that Mr Peter Hay intends to retire as a Non-Executive Director and as Non-Executive Chairman of Newcrest, with effect from the close of Newcrest’s Annual General Meeting (AGM) on 10 November 2021. Newcrest also announces […]