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Calibre Mining Corp. (TSX:CXB) – profile & key information – CanadianValueStocks.com
Canadianvaluestocks· 2025-09-30 06:32
Calibre Mining Corp. (TSX:CXB) – Profile & Key Information Calibre Mining Corp. is a mid-tier gold producer focused on advancing high-return assets in the Americas, noted for operational growth and strategic acquisitions that position it among Canada’s active mining issuers. Calibre Mining Corp. has emerged as a relevant Canadian gold producer with operations concentrated in Central America and project development across the region. The company combines producing assets with a pipeline of near-term developm ...
Barrick and Newmont CEOs Step Down in Same-Day Shakeup for Gold Sector
KITCO· 2025-09-29 21:39
Neils ChristensenNeils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada. He has worked exclusively within the financial sector since 2007, when he started with the Canadian Economic Press. Neils can be contacted at: 1 866 925 4826 ext. 1526 nchristensen at kitco.com @Neils_cShareDisclaimer: The views expressed ...
Barrick's CEO Unexpectedly Resigns, As Miner Fails To 'Keep Up With The Joneses' - Barrick Mining (NYSE:B), Newmont (NYSE:NEM)
Benzinga· 2025-09-29 19:18
Barrick Mining (NYSE: B) announced the resignation of President and CEO Mark Bristow today. After nearly seven years at the helm, the South African-born mining veteran departs without explanation, leaving investors to speculate on what prompted such an unexpected move.Effective immediately, Mark Hill, head of the company's Latin American and Asia-Pacific operations, has stepped in as interim CEO while the board begins a global search for a permanent replacement.“On behalf of the Board, I want to thank Mark ...
Newmont Names COO Natascha Viljoen CEO, as Tom Palmer retires
CNBC· 2025-09-29 14:34
Company Leadership Transition - Newmont Corp. announced that Natascha Viljoen will succeed Tom Palmer as CEO starting in January [1][2] - Tom Palmer will resign from the board and as CEO on December 31, after serving since 2019 [2][4] - Natascha Viljoen will be the first woman to lead Newmont in its over 100-year history [2] Executive Background - Natascha Viljoen joined Newmont in 2023 as executive vice president and COO, previously serving as CEO of Valterra and holding leadership roles at BHP and Lonmin [2][3] - Tom Palmer joined Newmont in 2014 and held various leadership positions before becoming CEO [3][4] Company Financial Moves - Newmont recently sold its stake in Orla Mining for $439 million as part of its divestiture program [4]
纽曼矿业(NEM.US)任命总裁兼首席运营官维尔约恩为新任CEO,帕尔默将退休
智通财经网· 2025-09-29 13:43
智通财经APP获悉,纽曼矿业公司(NEM.US)周一宣布,任命现任总裁兼首席运营官(COO)娜塔莎·维尔 约恩(Natascha Viljoen)为新任总裁兼首席执行官(CEO),接替将于1月1日正式退休的汤姆·帕尔默(Tom Palmer)。 维尔约恩于2023年加入纽曼,最初担任执行副总裁兼首席运营官,她拥有超过30年的全球矿业行业领导 经验。在此之前,她曾担任英美资源集团铂金业务部门(Anglo American Platinum,现更名为Valterra)的 CEO——该部门是全球最大的原生铂金生产商,同时她还曾是英美资源集团管理委员会成员。 帕尔默自2019年起担任纽曼CEO,其职业生涯始于2014年加入该公司,当时担任印尼地区高级副总裁, 2016年升任执行副总裁兼首席运营官。在任期间,他主导了多项重要交易,包括收购Goldcorp矿业公 司、Newcrest矿业公司,以及推动成立内华达金矿(Nevada Gold Mines)合资企业。更早之前,帕尔默在 力拓集团(RIO.US)任职20年,职业生涯末期担任该集团皮尔巴拉铁矿石开采业务的首席运营官。 受金价持续攀升至每盎司3800美元以上历史新高 ...
Newmont names President/COO Viljoen new CEO as Palmer set to retire (NEM:NYSE)
Seeking Alpha· 2025-09-29 12:25
Newmont (NYSE:NEM) said Monday it appointed current President and COO Natascha Viljoen as its new President and CEO, succeeding Tom Palmer, who will retire effective January 1. Viljoen joined Newmont (NYSE:NEM) in 2023 as Executive VP and COO, bringing more ...
Gold miner Newmont names Natascha Viljoen its first female CEO
Yahoo Finance· 2025-09-29 12:05
By Vallari Srivastava (Reuters) -Newmont on Monday named Natascha Viljoen as its first female CEO, succeeding Tom Palmer, at a time when the gold mining sector tries to cope with a slew of challenges, even as the precious metal hits a series of new highs. Viljoen's appointment coincides with the abrupt resignation of Mark Bristow as CEO of rival Barrick Mining earlier in the day. Shareholders are pressing for stronger returns to match successive all-time highs in the gold price, even as companies grappl ...
Barrick and Newmont CEOs depart in mining leadership shake-up
Yahoo Finance· 2025-09-29 11:15
By Divya Rajagopal and Clara Denina (Reuters) -Barrick Mining appointed veteran executive Mark Hill as interim president and CEO on Monday following the sudden resignation of Mark Bristow, who led the Canadian miner for nearly seven years after its merger with Randgold Resources. On the same day, rival Newmont said CEO Tom Palmer will be replaced in January by insider Natascha Viljoen, who will become the first female CEO of the world's biggest gold mining company. The timing of the statements appeared t ...
Golden Momentum: 3 Mining Stocks Breaking Out (TFPM, AEM, NEM)
ZACKS· 2025-09-26 19:56
Unless you’ve been living under a rock, you’ve seen the powerful bull run in gold and the surge in gold mining stocks that has come with it. With gold prices pushing to new highs almost daily, including 36 record closes this year alone, miners have gained significant momentum. For investors, the sector offers a way to participate in the gold rally, often with even greater upside potential, if you can identify the right stocks.That’s where the Zacks Rank comes in. By focusing on upward-trending earnings revi ...
NEM vs. KGC: Which Gold Mining Stock Is Worth Betting on Now?
ZACKS· 2025-09-24 13:21
Core Viewpoint - Newmont Corporation (NEM) and Kinross Gold Corporation (KGC) are positioned to benefit from soaring gold prices driven by the Federal Reserve's dovish stance and global trade tensions [1][2][3] Gold Market Overview - Gold prices have surged approximately 43% this year, reaching over $3,700 per ton for the first time, influenced by central bank purchases and geopolitical uncertainties [3] - Central banks globally are accumulating gold reserves due to risks associated with aggressive trade policies [2] Newmont Corporation (NEM) - Newmont is investing in growth projects such as the Ahafo North expansion in Ghana and the Cadia Panel Caves in Australia, aimed at increasing production capacity and extending mine life [5] - The acquisition of Newcrest Mining Limited has enhanced Newmont's portfolio, expected to generate $500 million in annual run-rate synergies [6] - Newmont's divestiture program is projected to yield $3 billion in after-tax cash proceeds, reinforcing its capital allocation strategy [8] - The company reported a liquidity position of $10.2 billion, with free cash flow increasing to $1.7 billion, and has returned approximately $2 billion to shareholders [9] - Newmont offers a dividend yield of 1.2% with a sustainable payout ratio of 20% [10] Kinross Gold Corporation (KGC) - Kinross has a strong production profile with key projects like Great Bear in Ontario and Round Mountain Phase X in Nevada, expected to enhance cash flow [12] - Tasiast and Paracatu are significant contributors to cash flow, with Tasiast being the lowest-cost asset [13] - Kinross ended Q2 2025 with liquidity of approximately $2.8 billion and reported a free cash flow increase of 87% year-over-year [14] - The company repaid $800 million of debt in 2024, improving its net debt position to around $100 million [15] - Kinross has a dividend yield of 0.5% with a payout ratio of 10% [15] Financial Performance and Valuation - Year-to-date, NEM stock has increased by 127.5%, while KGC stock has risen by 164.1%, outperforming the industry average of 117.7% [18] - KGC trades at a forward earnings multiple of 16.52, while NEM trades at 15.38, indicating a discount for Newmont [19][20] - The Zacks Consensus Estimate for NEM's 2025 sales and EPS indicates growth of 10.7% and 57.5%, respectively, while KGC's estimates imply growth of 27.8% and 108.8% [24][25] Investment Consideration - Both companies are well-positioned to capitalize on high gold prices, with strong financial health and development pipelines [27] - Newmont is viewed as a more attractive investment option due to its higher dividend yield and favorable valuation compared to Kinross [27]