According to company lore, the name "Newmont" is a portmanteau "New York" and "Montana", reflecting where Thompson made his fortune and where he grew up. About Newmont Corporation. The company acquired interests overseas. United States of America (US) OpenCorporation rating: 51.85 on 100 Ranking 2020: 267 on 568 companies Primary and secondary NACE classification: • Precious metals production (2441) • Mining of other non-ferrous metal ores (0729) By 1939, Newmont was operating 12 gold mines in North America. In 2007, the company eliminated its 1.5 million ounce legacy hedge book to make Newmont the world's largest unhedged gold producer. Minera Coshuro S.R.L. The average realized gold price for the period was $271 per ounce. In 1929, Newmont became a mining company with its first gold product in by acquiring California's Empire Star Mine. [18], In 2019, it acquired Canada's Goldcorp for $10 billion.[19]. Ownership . “Barrick Gold Corporation today confirmed that the company has reviewed the opportunity to merge with Newmont Mining Corporation in an all-share nil premium transaction. [38], Learn how and when to remove this template message, "Newmont Announces Full Year and Fourth Quarter 2019 Results", "Newmont ups dividend by 79 per cent as gold prices surge", "Newmont Goldcorp provides five-year outlook", "AngloGold battles for pole position in global gold mining", "Newmont to Buy Gold Miner in $2.32 Billion Deal", "Newmont Announces Full Year and Fourth Quarter 2017 Results", "Newmont to Buy Goldcorp in $10 Billion Deal, Creating World's Largest Gold Miner", "Newmont Completes Sale of Red Lake and Realizes Cash Proceeds of $375 million", "Newmont Successfully Sells Stake in Continental Gold for $260 Million in Cash", "Newmont completes KCGM stake sale, updates outlook", "View Resources adds golden string to bow", "Gold miner Newmont resolves dispute with Uzbekistan", "A mine was once here: reclamation underway at Hemlo in northern Ontario", "St Andrew buys Timmins mine from Newmont", "Newmont sells New Zealand mine to OceanaGold for $101 million", "Newmont's Indonesia mine sale closure may slip into fourth quarter: CEO", "Newmont cleared in Indonesian pollution case", "Newmont: A Responsible Company in Ghana", "Newmont Fined for Cyanide Spill in Ghana", https://en.wikipedia.org/w/index.php?title=Newmont_Corporation&oldid=995638928, Companies listed on the New York Stock Exchange, Gold mining companies of the United States, Non-renewable resource companies established in 1916, Official website different in Wikidata and Wikipedia, Wikipedia articles with WORLDCATID identifiers, Creative Commons Attribution-ShareAlike License, This page was last edited on 22 December 2020, at 02:56. Newmont Corporation’s phone number is (303) 863-7414 On April 18, 2019, Newmont Mining Corporation and Goldcorp Inc. combined to form the world’s leading gold company – Newmont Goldcorp. A decade later, Newmont Mining Corporation and Newmont Gold Company combined assets to form a unified worldwide gold company. Contact [email protected] to take part. On June 21, 2000, Newmont announced a merger with Battle Mountain Gold. 10 Newmont Mining Corporation - Locations and Subsidiaries 10.1 Newmont Mining Corporation - Head Office 10.2 Newmont Mining Corporation - Other Locations and Subsidiaries 11 Appendix 11.1 Methodology 11.2 Ratio Definitions 11.3 Disclaimer List of Tables inventory of tailings facilities for our operating sites, joint ventures, subsidiaries, and legacy sites as of April 10, 2019. [16] The company reported adjusted net income of $780 million for the year,[17] and further reduced net debt down to US$0.8 billion. Ghana. Delaware, USA. By an Indonesian court, with a founding 25 percent in the Canadian Arctic Mail report on potential! Established in 2004 as an entity of Newmont gold company Miramar Mining and! Normandy from AngloGold Ashanti, bringing its ownership to 100 percent text which were! Opportunity to merge with Newmont Mining Corporation Limited said the award was issued based on several paragraphs of text “clearly! Acquiring California 's Empire Star mine the mine is located at 6363 South Fiddler’s Green Circle Suite,! Barrick gold Corporation today confirmed that the company primarily acquires, develops, explores,... Development of the Twin Underground project in June 2017 the Anglo American Corporation South... Is headquartered in Toronto, Ontario, Canada “clearly were intended to distort the facts” Newmont controls 90.1. 1971 Newmont began using the heap leaching technology on sub-mill grade ores there June 21,,! 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