Newmont Announces Redemption of 2021 Senior Notes

Newmont Corporation (NYSE: NEM, TSX: NGT) announced today it will redeem the principal amount of $550 million related to its 3.625% Senior Notes due June 2021 (the "Notes"). The Notes will be redeemed on April 9, 2021, (the "Redemption Date") at a redemption price equal to the principal amount of the outstanding Notes plus accrued and unpaid interest in accordance with the terms of the Notes. Interest on the Notes will cease to accrue on the Redemption Date.

Questions regarding the redemption of the Notes issued by Newmont should be directed to The Bank of New York Mellon Trust Company, N.A., at 1-800-254-2826. Questions regarding the redemption of the Notes issued by Newmont's wholly owned subsidiary Goldcorp Inc., should be directed to Wells Fargo Bank, N.A. at 1-800-344-5128.

About Newmont

Newmont is the world's leading gold company and a producer of copper, silver, zinc and lead. The Company's world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in North America, South America, Australia and Africa. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social and governance practices. The Company is an industry leader in value creation, supported by robust safety standards, superior execution and technical expertise. Newmont was founded in 1921 and has been publicly traded since 1925.

At Newmont, our purpose is to create value and improve lives through sustainable and responsible mining. To learn more about Newmont's sustainability strategy and initiatives, visit us at www.newmont.com .

Legal Cautionary Statement:

This release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating to the expected redemption of the 2021 Senior Notes. Forward-looking statements may be accompanied by terminology such as "will" or comparable terminology. Forward-looking statements provide the Company's current expectations about future events, but these statements are not guarantees of future results or performance and involve certain risks, uncertainties and assumptions difficult to predict or beyond our control. Investors should not place undue reliance on any forward-looking statement and should consider the uncertainties and risks discussed in the Company's 2020 Annual Report on Form 10-K under the heading "Risk Factors", filed with the U.S. Securities and Exchange Commission (the "SEC") and available on the SEC website or www.newmont.com , as well as the Company's other SEC filings. The Company does not undertake any obligation to release publicly revisions to any "forward-looking statement", to reflect events or circumstances after the date of this news release, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.

Newmont Media Contact
Courtney Boone
303.837.5159
courtney.boone@newmont.com

Newmont Investor Contact
Eric Colby
303.837.5724
eric.colby@newmont.com

News Provided by Business Wire via QuoteMedia

The Conversation (0)
Acquisition of high grade copper gold project in Mauritania

Acquisition of high grade copper gold project in Mauritania

Zeus Resources Limited (ZEU:AU) has announced Acquisition of high grade copper gold project in MauritaniaDownload the PDF here. Keep Reading...
BSPH Accommodation Strategy Progressing

BSPH Accommodation Strategy Progressing

Maritana Minerals (MRT:AU) has announced BSPH Accommodation Strategy ProgressingDownload the PDF here. Keep Reading...
Gold bars overlaid with Chinese flag.

Chinese Banks Halt Retail Paper Gold Trading: Risk Mitigation or Price Discovery?

In a development causing a stir in the gold sector, Chinese banks are pulling the plug on retail paper gold trading. Major Chinese banks, including the Industrial and Commercial Bank of China — the world’s largest by assets — have announced they will cease offering retail paper trading products... Keep Reading...
Magnifying glass highlighting Alaska on a detailed US map.

Novagold to Take Full Ownership of Donlin Gold in Buyout

Novagold Resources (NYSE:NG) announced it has entered into definitive agreements to buy out Paulson Advisers’ 40 percent stake in the Donlin gold project in Alaska, unifying ownership of what is projected to become the largest single gold mine in the US.Under the arrangement, Paulson will... Keep Reading...
Red pushpin inserted on a map near Vancouver, BC.

Barrick Invests US$15 Million in Kingfisher for Golden Triangle Exploration

Barrick Mining (TSX:ABX,NYSE:B) has agreed to purchase a 9.9 percent stake in Canadian explorer Kingfisher Metals (TSXV:KFR,OTCQB:KGFMF) for roughly US$15.25 million to fund copper-gold exploration in BC's Golden Triangle.Kingfisher committed to directing at least 80 percent of the placement... Keep Reading...
Trading Halt

Trading Halt

Piche Resources (PR2:AU) has announced Trading HaltDownload the PDF here. Keep Reading...

Interactive Chart

Latest Press Releases

Related News