Newmont

“Newmont had a $2,000 gold cost in Argentina, for example. Could you explain in a little more detail the ability of Southern Copper to hold the cash cost at $0.77?”

An analyst cites Newmont's elevated Argentina gold cash costs as a peer comparison point in asking how Southern Copper is holding its own cash costs flat.

“Just want to confirm, I understand that you have on, I guess, February 3, notice of default to Barrick.”

Newmont issued a notice of default to its Nevada Gold Mines JV partner Barrick over operational performance and management of the JV, signaling a dispute over Barrick's operatorship.

“and we are anticipating higher ounces from Nevada Gold Mines in the fourth quarter, as indicated by our joint venture partners.”

Newmont holds a stake in the Barrick-operated Nevada Gold Mines JV and expects higher Q4 output from it, a positive read on the JV's production.

“So already included in that portfolio, and the capital required is included in the capital forecast as we have it from Barrick today.”

Barrick operates the Nevada Gold Mines JV with Newmont; Newmont is awaiting Barrick's feasibility work (Goldrush, Fourmile) to inform its own capital-allocation decisions on the district.

“Moody's upgraded Newmont's issuer credit rating to A3 with a stable outlook, a clear reflection of our improved credit profile”

Moody's upgraded Newmont's issuer credit rating to A3 with a stable outlook, reflecting a rating action on Newmont's improved credit profile.

“Working very closely with the team at Harmony as we navigate through that.”

Newmont is working with joint-venture partner Harmony Gold on PNG government negotiations to advance the Wafi-Golpu copper-gold project toward a mineral development contract.

“Very comfortable with our 32% interest in Lundin Gold and the Fruta del Norte asset.”

Newmont holds a 32% equity stake in Lundin Gold's Fruta del Norte mine and views the position favorably, citing strong operational execution by Lundin Gold's management.

“we expect to receive approximately $470 million in cash proceeds after taxes and commissions from the sale of our shares in Greatland Gold and Discovery Silver, shares that we received as consideration for the divestments of Telfer and Porcupine, respectively.”

Newmont is monetizing the Discovery Silver shares it received as consideration for divesting its Porcupine mine, generating approximately $470 million in combined proceeds with Greatland Gold.

“we expect to receive approximately $470 million in cash proceeds after taxes and commissions from the sale of our shares in Greatland Gold and Discovery Silver, shares that we received as consideration for the divestments of Telfer and Porcupine, respectively.”

Newmont is monetizing the Greatland Gold shares it received as consideration for divesting its Telfer mine, generating approximately $470 million in combined proceeds with Discovery Silver.

“The process with Wafi Golpu, obviously, it's a joint venture with Harmony.”

Newmont's Wafi Golpu development project in Papua New Guinea is a joint venture with Harmony Gold, with both companies negotiating a mineral development contract with the PNG government.

“Discovery's definitely got a lockup of the order of twelve months. We just closed that transaction in the last week.”

Newmont holds an equity stake in Discovery Silver from a divestiture transaction, subject to a twelve-month lockup.

“Then Greatland's linked to their listing on the ASX, and that's getting a little bit of media coverage in Australia as they gear up for that in the June time frame.”

Newmont holds an equity stake in Greatland Gold received as divestiture consideration; the stake's value is tied to Greatland's upcoming ASX listing.

“We've got Wafi-Golpu in PNG that we continue to work with Harmony and the PNG government on.”

Newmont names Harmony as its joint-venture partner on the Wafi-Golpu project in Papua New Guinea, one of the growth options queued behind its current execution portfolio.