PDF Newmont to Acquire Newcrest Dividend. A special purpose acquisition company (SPAC) is a publicly traded company created for the purpose of acquiring or merging with an existing company. Outstanding depth and breadth of global production focused across stable mining jurisdictions: Approximately 8 million ounces of total combined annual gold production upon closing the Transaction, with more than 5 million gold ounces, or two-thirds of total gold production, from 10 large, long-life, low cost, Tier 1 assets, Combined annual copper production of approximately 350 million pounds from Australia and Canada. The Newcrest Board is unanimously recommending the proposal. The Company's dividend reinvestment and share purchase plan ("DRIP") gives shareholders the option of increasing their investment in Alamos, at a discount to the prevailing market price and without incurring any transaction costs, by electing to receive common shares in place of cash dividends. He is a contributor to Investopedia's Term of the Day newsletter, the New York City Recovery Index, and the "What to Expect" weekly markets briefing. Shareholders are urged to read these and other relevant materials when they become available. Annual Reports. Because synergy estimates reflect differences between certain actual costs incurred and management estimates of costs that would have been incurred in the absence of the integration of Newmonts and Newcrests businesses, such estimates are necessarily imprecise and are based on numerous judgments and assumptions. With the sectors largest reserve and resource base, the combined business will be in a very strong position to advance the most value-accretive development opportunities and sustainably improve overall shareholder returns.
PARTICIPANTS IN THE TRANSACTION SOLICITATION Newmont, Newcrest and certain of their respective directors and executive officers and other employees may be deemed to be participants in any solicitation of proxies from Newmont shareholders Newcrest Mining Limited (NCMGF) CEO Sandeep Biswas on Q2 2022 Results Newcrest Mining is a dividend paying company with a current yield of 1.54%. VANCOUVER, British Columbia, Nov. 08, 2021 (GLOBE NEWSWIRE) -- Pretium Resources Inc. (TSX/NYSE: PVG) ("Pretivm" or the "Company") today announced that it has entered into a binding agreement (the. Managements expectations with respect to future dividends, annualized dividends, payout ranges or dividend yield are forward-looking statements. The declaration and payment of future dividends remain at the discretion of the Board of Directors and will be determined based on Newmonts financial results, balance sheet strength, cash and liquidity requirements, future prospects, gold and commodity prices, and other factors deemed relevant by the Board. Omar Jabara
Newcrest Acquisition of Pretivm Complete - GlobeNewswire General Manager Investor Relations and External Communications. This press release is being made in respect of the transaction involving Newmont and Newcrest pursuant to the terms of a scheme implementation deed dated May 14, 2023 (the Scheme Implementation Deed) by and among Newmont, Newmont Overseas Holdings Pty Ltd, an Australian proprietary company limited by shares, an indirect wholly owned subsidiary of Newmont, and Newcrest and may be deemed to be soliciting material relating to the transaction. Newcrest is focused on maximising the profitable cash generation potential of its existing assets, projects and exploration prospects. | Source:
The duration, scope and impact of COVID-19 presents additional uncertainties with respect to future dividends and no assurance is being provided that the Company will pay future dividends at the increased payment level. Other events or circumstances could cause actual results to differ materially from those estimated or projected and expressed in, or implied by, the forward-looking information contained in this news release. For any further enquiries, please contact the Evolution Mining Investor Relations team. Melbourne, VIC, 3004 International Callers Australia: Continuous Disclosure: Spotlight on analyst briefings - Mondaq Newmont Confirms Proposal to Combine with Newcrest Newmont and Newcrest do not undertake any obligation to release publicly revisions to any forward-looking statement, including, without limitation, outlook, to reflect events or circumstances after the date of this press release, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws. Synergies represent managements combined estimate of pre-tax synergies, supply chain efficiencies and Full Potential improvements, as a result of the integration of Newmonts and Newcrests businesses that have been monetized for the purposes of the estimation. 9 See footnote 7 above and endnote F below. Melbourne VIC 3004 2023 | Metallic Minerals Corporation
Although we have attempted to identify important factors that could cause actual results, actions, events, conditions, performance or achievements to differ materially from those contained in forward-looking information, there may be other factors that cause results, actions, events, conditions, performance or achievements to differ from those anticipated, estimated or intended. Portfolio Optimization. BHP has today announced a strong first half dividend of USD$0.90 per share, on the back of solid operating performance. Lodging Real Estate Investment Trust - NYSE: INN - Summit Hotel Properties To learn more about Newmonts sustainability strategy and initiatives, go to www.newmont.com. An extensive portfolio of greenfield and brownfield growth options from the industrys largest reserve and resource base: 96 million ounces of gold reserves declared by Newmont and 52 million ounces declared by Newcrest, along with 111 million and 68 million ounces of gold resources, respectively, Significant majority of combined entitys gold reserves will be located in the Americas and Australia, Value-generating projects across some of the worlds most prospective regions including Canadas Golden Triangle, Meaningful increase in copper reserves, a critical metal in facilitating the transition to a new energy economy, Maintaining a disciplined approach to mine planning and project development at reserve gold pricing, creating a resilient business to maximize long-term returns. However, such statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by the forward-looking statements. Key information 1.5% Dividend yield 36% Payout ratio Recent dividend updates Newcrest Mining Limited Announces Interim Dividend for the Six Months Period Ended December 31, 2022, Payable on March 30, 2023 Feb 17 + 2 more updates Show all updates Dividend Yield vs Market Newmont Enters into Definitive Agreement to Acquire Newcrest In addition to approval by Pretivm shareholders and optionholders, the Transaction is also subject to the receipt of court approval, regulatory approvals including approval under theInvestment Canada Actand competition clearances in Canada, and other customary closing conditions for transactions of this nature. 2 Premium analysis calculated by reference to the exchange ratio of 0.400x shares of Newmont for each Newcrest share held and a special dividend of up to USD$1.10 per Newcrest share. We work with transparency for those who already invest with us or are thinking of becoming part of our investor base. Defined as +500k GEOs/year consolidated, average AISC/oz in the lower half of the industry cost curve and a mine life >10 years in countries that are classified in the A and B rating ranges for each of Moodys, S&P and Fitch. In addition to the ongoing benefits of merging these premier portfolios, the combined group will set a new benchmark in gold production while benefitting from a material and growing exposure to copper and a market leading position in safety and sustainability. SEC Filings. Thats raising the attractiveness of mergers and acquisitions in the industry, as companies seek to boost volumes and improve efficiency. Presentation CVM documents See also Check out our company Vale has its shares traded in different exchanges around the world. Learn more here. Such estimates are, or will be, to a large extent, based on metal prices and interpretations of geologic data obtained from drill holes and other exploration techniques, which data may not necessarily be indicative of future results. November 08, 2021 17:41 ET
), Lead ($1.00/lb. omar.jabara@newmont.com, Investor Contact
As an unhedged gold producer with a sound balance sheet and strong operating cash flow, Newcrest's financial strength, coupled with extensive technical capability and a pipeline of organic growth opportunities is well placed to deliver competitive returns to . Newcrest to Acquire Pretivm for C$18.50 in Cash and Shares - GlobeNewswire Dealmakers adrift as US$1 trillion vanishes. Monday, November 8, 2021 at 3:30 pm PT (6:30 pm ET). Past performance metrics and figures included in this presentation are given for illustrative purposes only and should not be relied upon as (and are not) an indication of Newmonts views on its or Newcrests future production, financial performance or condition or prospects (including on a consolidated basis). Presentation. Newcrests shares are listed on the Australian SecuritiesExchange (ASX), Toronto Stock Exchange (TSX)and the PNG Exchange Markets (PNGX). Our future dividends have not yet been approved or declared by the Board of Directors. March 09, 2022 03:49 ET
Portfolio optimization to enhance cash flows is a forward-looking statement subject to risks, uncertainties and other factors which could cause enhanced cash flows to differ from expectations. 19 August 2021. 303.837.5468
Orica chairman Duncan and the head of the nominations committee, Russell Caplan - who became chairman in. Dates are subject to change., Level 8, 600 St Kilda Road In connection with the forward-looking information contained in this news release, we have made certain assumptions about, among other things: our business and operations and that no significant event will occur outside of our normal course of business and operations (other than as expressly set out herein); the impact of the COVID-19 pandemic and outbreak, including on our operations and workforce; our ability to obtain the required court and regulatory approvals in a timely matter, if at all; our ability to satisfy the terms and conditions precedent of the Arrangement Agreement in order to consummate the Transaction; Newcrests ability to obtain all necessary permits, licenses and regulatory approvals for operations in a timely manner, if at all; the adequacy of our and Newcrests financial resources; sustained labour stability and availability of equipment; the maintenance of positive relations with local groups; favourable equity and debt capital markets; and stability in financial capital markets. Under Subpart 1300 of Regulation S-K, a registrants disclosure of exploration results, mineral resources or mineral reserves must be based on and accurately reflect information and supporting documentation prepared by a qualified person. 1 Clearing House Electronic Sub-register System Depositary Interests representing a unit of beneficial ownership in a share of Newmont common stock. Additional information regarding the terms of the Arrangement Agreement, the background to the Transaction, the rationale for the recommendations made by the Special Committee and the Pretivm Board and how Pretivm shareholders can participate in and vote at the Special Meeting to be held to consider the Transaction will be provided in the management information circular for the Special Meeting which will also be filed at www.sedar.com. As a result, all holders of Pretivm shares who made an election will be subject to the following proration: Information regarding the procedure for exchange of shares for Consideration is provided in the Companys management information circular dated December 16, 2021 related to the Meeting (the Circular). Learn more. SCOTTIE RESOURCES COMMENCES 2023 DRILLING ON BLUEBERRY - Morningstar
Newmont has been unable to update, and does not expect to be able to update, the Newcrest historical reserves estimates, prior to the completion of the Transaction. Share prices based on NYSE and ASX trading of Newmont and Newcrest shares, respectively, as at close of February 3, 2023. Pretium Resources Inc. 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. Theyre down almost 3% year-to-date, compared with a 35% return for Newcrest shares over the same period. investor.relations@newcrest.com.au, View our latest market and media releases, Safely delivered superior returns in FY22, Newcrest shareholders will receive 0.4 Newmont shares in exchange for each share of Newcrest and a special dividend of $1.10 per share paid for by Newcrest in the deal, via an Australian Scheme of Arrangement announced Monday. Overview | Newcrest pricing. Estimates of proven and probable reserves are subject to considerable uncertainty. These include white papers, government data, original reporting, and interviews with industry experts. Upon closing of the Transaction, Newmont will establish a regional presence and in-country offices in Papua New Guinea, committed to building and maintaining strong, proactive and mutually beneficial relationships with host governments and local communities while supporting safe and profitable operations. This list is not exhaustive of the factors that may affect any of our forward-looking information.
Gold equivalent ounces (GEOs). The Companys dividend framework and expected 2023 dividend payout ranges are non-binding. Once complete, the Transaction will solidify Newmonts position in Canada through the combination of operating mines and development projects, creating a Tier 1 district in British Columbias highly-prospective Golden Triangle. Pretivm ContactPretium Resources Inc.Troy Shultz, Director, Investor Relations & Corporate Communications(604) 558-1784invest@pretivm.com, Media ContactAlan Bayless, Longview Communications and Public Affairs604-417-9645abayless@longviewcomms.ca, Pretium Resources Inc.Suite 2300, Four Bentall Centre, 1055 Dunsmuir StreetPO Box 49334 Vancouver, BC V7X 1L4(SEDAR filings: Pretium Resources Inc.), Cautionary Statements Regarding Forward-Looking Statements. Back to Investor Relations; Financial Summary Table. https://www.businesswire.com/news/home/20230514005059/en/, Media Contact
Brexit refers to the U.K.'s withdrawal from the European Union after voting to do so in a June 2016 referendum. In furtherance of the pending transaction and subject to future developments, Newmont will file one or more proxy statements or other documents with the Securities and Exchange Commission (SEC). Although we believe that the assumptions inherent in forward-looking information are reasonable as of the date of this news release, these assumptions are subject to significant business, social, economic, political, regulatory, competitive and other risks and uncertainties, contingencies and other factors that could cause actual actions, events, conditions, results, performance or achievements to be materially different from those projected in the forward-looking information. Newmont reaches record-setting $19.5B gold merger deal for Newcrest Forward-looking information is subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual results, actions, events, conditions, performance or achievements to materially differ from those expressed or implied by the forward-looking information, including, without limitation, that Pretivm may not cease to be a reporting issuer or that its shares may not be de-listed from the TSX or the NYSE on the timeline currently anticipated, and such other risks as are identified in Pretivms public disclosure documents filed on SEDAR at www.sedar.com and in the United States through EDGAR at the Security and Exchange Commissions website at www.sec.gov (collectively, the Pretivm Disclosure Documents). We pay our respect to Aboriginal and Torres Strait Islander peoples; and to their . By Rhiannon Hoyle. Investors and security holders may obtain a free copy of the proxy statements, the filings with the SEC that will be incorporated by reference into the proxy statement, the Scheme Booklet and other documents containing important information about the transaction and the parties to the transaction, filed by Newmont with the SEC at the SEC's website at www.sec.gov. Additionally, resource does not indicate proven and probable reserves as defined by the SEC or the Companys standards. By clicking Accept All Cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Shareholders in Newcrest, which has gold and copper projects in Australia, Canada and Papua New Guinea, are due to vote later this year on a A$26.2 billion ($17.3 billion) takeover offer from . During the half, we delivered well on the production front, with Western Australia Iron Ore posting another record half. Pretivm ContactPretium Resources Inc.Troy Shultz, Director, Investor Relations & Corporate Communications(604) 558-1784invest@pretivm.com, Media ContactAlan Bayless, Longview Communications and Public Affairs604-417-9645abayless@longviewcomms.ca, Pretium Resources Inc.Suite 2300, Four Bentall Centre, 1055 Dunsmuir StreetPO Box 49334 Vancouver, BC V7X 1L4 (SEDAR filings: Pretium Resources Inc.), Cautionary Statements Regarding Forward-Looking Statements. Where a forward-looking statement expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. Palladium is a shiny metal used in manufacturing processes, particularly for electronics and industrial products. Newmont was founded in 1921 and has been publicly traded since 1925. The Newcrest Historical Reserves Estimates are subject to review and adjustment following closing of the pending Transaction, in accordance with Subpart 1300 of Regulation S-K adopted by the SEC, including to meet required study levels, price assumptions, for future divestments and acquisitions and other factors. Investor FAQs | Newcrest
BusinessWire. Investors. "Newmont Seals $19 Billion Newcrest Deal to Dominate Gold Mining.". The $19.2 billion deal is the biggest ever in the gold mining industry. Newmont (NEM), the worlds biggest gold mining company, acquired Australia-based rival Newcrest Mining Ltd. for $19.2 billion in the industrys biggest deal to date. Calculated as pounds or ounces produced multiplied by the ratio of the other metals price to the gold price, using Gold ($1,400/oz. Our purpose is to create value and improve lives through sustainable and responsible mining. Corporate News. Exchange Act), in accordance with applicable law. For the reasons set forth above, readers and prospective investors should not place undue reliance on forward-looking information. Newmont originally offered $17 billion for the acquisition earlier this year, before sweetening the terms to close the deal. The Circular and accompanying letter of transmittal and election form (the Letter of Transmittal) are available under the Companys profile on SEDAR at www.sedar.com, on EDGAR at www.sec.gov and on the Companys website at www.pretivm.com/investors/Newcrest-Transaction. We believe our employees, First Nations partners and community partners will be very well-positioned to succeed and develop under Newcrests world-class stewardship.. Tom Dixon - Head of Investor Relations. We are committed to the principles of sustainable development and conducting our activities in an environmentally and socially responsible manner. Agnico Eagle Mines Limited - Investor Relations $500 million of total annual pre-tax synergies anticipated to be achieved within the first 24 months following the completion of the Transaction: Approximately $100 million of pre-tax general and administrative synergies driven by Newmonts scalable, integrated operating model with existing regional teams in Australia and Canada, Approximately $200 million of supply chain synergies from best-in-class pricing and existing strong partnerships with key suppliers, smelters and equipment manufacturers through unprecedented economies of scale, At least $200 million of benefits from Newmonts proven Full Potential continuous improvement program, which improves costs and productivity through the rapid replication of leading processes and advanced technology, $1.00 per share at reserve pricing assumption of $1,400/oz, Variable component is calibrated in gold price increments of $300 per ounce, Variable component is assessed annually in alignment with the business planning cycle, considering the current macroeconomic environment and the current level of reinvestment in the business, Supported by strong and flexible investment-grade balance sheet, Dividend payouts are reviewed and approved quarterly by Newmonts Board of Directors, Under the terms of the Scheme, Newmont will acquire all outstanding Newcrest shares and Newcrest shareholders will receive 0.400 Newmont shares (or 0.400 Newmont CDIs) for each Newcrest share held, Newcrest will also fund and pay to its shareholders a franked special dividend of up to USD$1.10 per Newcrest share, conditional on the Scheme becoming effective, Under the terms of the Scheme, and based on current market prices, the implied equity value of Newcrest is A$26.2 billion, including the dividend, with an enterprise value of A$28.8 billion, Upon implementation of the Scheme, Newmont and Newcrest shareholders will own approximately 69 percent and 31 percent of the combined entity, respectively. Files on this page are PDF. Additional information about the risks and uncertainties concerning forward-looking information and material factors or assumptions on which such forward-looking information is based is provided in the Pretivm Disclosure Documents. Agnico Eagle Mines Limited - Investor Relations Quarterly Results Why Agnico Eagle? The Pretivm Board has evaluated the Arrangement Agreement with the Companys management and legal and financial advisors and, following the receipt and review of a unanimous recommendation from the Special Committee, the Pretivm Board has unanimously determined that the Arrangement Agreement is in the best interest of the Company, and the Pretivm Board has resolved to recommend that the Company Shareholders vote in favour of the Transaction, all subject to the terms and conditions contained in the Arrangement Agreement. This news release contains forward-looking information and forward looking statements within the meaning of applicable Canadian and United States securities legislation (collectively herein referred to as forward-looking information), including the safe harbour provisions of Canadian provincial securities legislation and the U.S. The Transaction brings together two of Australias largest gold producers and would reinforce Newmonts long-standing commitment to safe, profitable and responsible gold and copper production in the country for decades to come. This press release is not a substitute for any proxy statement, the Scheme Booklet or other document Newmont or Newcrest may file with the SEC and Australian regulators in connection with the pending transaction. Melbourne, VIC, 3008 https://www.newcrest.com/investor-centre/results-reports?document_type=4. Our mission is to be the most respected owner of highquality lodging assets that deliver superior riskadjusted returns for our shareholders, while providing our guests with an experience that exceeds expectations. We are very proud of the entire Newcrest team for building a world class metals business, which will form a key part of the combined group.
In light of the Transaction, Pretivm has cancelled its previously scheduled third quarter investor conference call on November 12, 2021. Newmont Enters into Definitive Agreement to Acquire Newcrest Newmont Enters into Definitive Agreement to Acquire Newcrest The Transaction Price represents a premium of 23% and 29% to the closing price and the 20-day VWAP, respectively, of Pretivms shares on the TSX as at November 8, 2021. Pretivm shareholders who do not elect cash or Newcrest shares (subject to proration) will receive default consideration of C$9.25 per Pretivm share in cash and 0.4042 Newcrest shares per Pretivm share. Longview Communications and Public Affairs is acting as communications advisor to Pretivm. Newcrest names new head of investor relations - MINING.COM This information is updated regularly throughout the year. This news release contains forward-looking information and forward looking statements within the meaning of applicable Canadian and United States securities legislation (collectively herein referred to as forward-looking information), including the safe harbour provisions of Canadian provincial securities legislation and the U.S. Newcrest Mining Limited (OTCPK:NCMGF) Q4 2022 Earnings Conference Call August 18, 2022 7:30 PM ETCompany Participants. Our purpose is to create a brighter future for people through safe and responsible mining. Additionally, the conference call will be archived for a limited time on the Companys website. Shareholder Information - Nufarm You can learn more about the standards we follow in producing accurate, unbiased content in our. In connection with the Transaction, Newmont has engaged BofA Securities, Centerview Partners LLC, Lazard and BMO Capital Markets as its financial advisers, and King & Wood Mallesons and White & Case LLP as its legal advisers. Announcements, Results, Presentations and Reports - Vale