Day: October 26, 2021

“We have seen some limited short term disruption as a result of the new labour reforms in Mexico which has impacted the performance of our Fresnillo and Saucito mines in particular, due to the higher proportion of contractors at those underground mines. However, the combination of continued efficiency measures, the higher volume of ore processed at Herradura, the ongoing contribution of development ore from our Juanicipio project and an increase in silver ore grades at San Julián Disseminated Ore Body, give us confidence in our full year guidance.”

“Once again I’m very pleased with our Cozamin Mine performance. We exceeded guidance by delivering low cost, record production that distinguishes this operation as a first quartile asset.”

Newmont Corporation today announced that its Board of Directors declared a quarterly dividend of $0.55 per share of common stock, payable on December 28, 2021 to holders of record at the close of business on December 9, 2021.

The Company is pleased to announce the appointment of Mr. Marco LoCascio as Vice President of Corporate Development.

“Campo Morado operations are reporting another excellent quarter with estimated revenue of $17.4 million for the third quarter of 2021. Although head grades of mineralization during Q3 2021 were slightly lower and to improve productivity a planned shut down for the SAG mill liner change out and planned mill maintenance interrupted production over several days, revenues achieved were only 6% lower when compared to Q2 2021.”