Newmont Corp has sold US$1 billion of sustainability-linked bonds that will give it a financial incentive to cut emissions and improve corporate governance, in a first for the global mining sector. The world’s largest gold miner by production will pay investors in the 10-year bonds a...
The world’s largest gold miner Newmont has announced it will acquire the shares it doesn’t already own in Canadian explorer GT Gold Corp, in a cash deal valued at around US$312 million (C$393 million). Newmont will buy the remaining 85.1% of common stock in GT Gold...
Gold mining companies around the world are facing increasing pressure from investors to reduce their total carbon emissions, after it emerged that the sector is among the biggest emitters of greenhouse gases (GHG) in the mining industry. According to data from ESG consultancy Skarn Associates, scope...
Newmont increased its gold reserves by 53% in 2019 to 100.2 million attributable ounces (Moz), following the completion of two major transactions and through ongoing global exploration success. Last year, the US gold giant added almost 50 Moz of gold reserves through the acquisition of Goldcorp,...