Core Insights - Newmont Corporation (NEM) has completed the sale of three non-core assets, including Musselwhite and Eleonore operations in Canada and the Cripple Creek & Victor operation in Colorado, USA [1][2] - The divestiture generated total after-tax cash proceeds of $1.7 billion, with expectations to complete two additional asset sales for approximately $0.8 billion in the first half of 2025 [2][3] - Total gross proceeds from disclosed divestitures are projected to reach $4.3 billion, with $3.8 billion from non-core divestitures and $527 million from other investments [3] Financial Performance - NEM's shares have increased by 26.5% over the past year, compared to a 36.8% rise in the industry [4] - The company expects attributable production for 2025 to be around 5.9 million gold ounces, with a projected All-In Sustaining Cost (AISC) of $1,630 per ounce for the total portfolio in the first quarter of 2025 [5] - The Total Tier 1 portfolio is anticipated to spend approximately $1.8 billion on sustaining capital and $1.3 billion on development capital in 2025 [6] Strategic Outlook - The completion of these asset sales is part of NEM's strategic portfolio optimization initiated in early 2024, aimed at improving its investment-grade balance sheet while continuing shareholder returns through share repurchases [2] - NEM plans to finalize the sale of its Akyem operation in Ghana and Porcupine operation in Canada in the first half of 2025, which is estimated to yield gross proceeds of up to $1.4 billion [3]

RADNOR, Pa., March 4, 2025 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com)  informs investors that a securities class action lawsuit has been filed against Newmont Corporation ("Newmont") (NYSE: NEM) on behalf of those who purchased or otherwise acquired Newmont securities between February 22, 2024, and October 23, 2024, inclusive (the "Class Period"). The lead plaintiff deadline is April 1, 2025.CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:If you suffered Newmont losses, you ...

NEW YORK, March 4, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Newmont Corporation ("Newmont" or the "Company") (NYSE: NEM) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Newmont investors who were adversely affected by alleged securities fraud between February 22, 2024 and October 23, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/newmont-corporation-lawsuit-su ...

Alluvial Gold Research offers in-depth research on my favorite miners ranked in order to aid in positioning in the most undervalued miners with upcoming catalysts to drive portfolio outperformance. Subscribers also get access to my current portfolios and buy/sell alerts as well as the following:Analyst’s Disclosure: I/we have a beneficial long position in the shares of AEM, AEM:CA, AAUC:CA, AAUCF either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my ...

Core Viewpoint - A securities class action lawsuit has been filed against Newmont Corporation for allegedly making false and misleading statements regarding its business operations and financial prospects during the specified Class Period from February 22, 2024, to October 23, 2024 [1]. Group 1: Allegations Against Newmont - The lawsuit claims that Newmont failed to disclose material adverse facts about its business, including its inability to increase gold production at key operations such as Lihir and Brucejack [3]. - It is alleged that Newmont experienced higher operating costs across its mining operations, which were not disclosed to investors [3]. - The statements made by Newmont regarding its business and operational prospects were deemed materially false and misleading, lacking a reasonable basis throughout the Class Period [3]. Group 2: Legal Process for Investors - Investors in Newmont have until April 1, 2025, to seek appointment as lead plaintiff in the class action, representing the interests of all class members [4]. - A lead plaintiff is typically an investor or a small group of investors with the largest financial interest in the case, who will direct the litigation and select counsel [4]. - Participation as a lead plaintiff does not affect an investor's ability to share in any potential recovery from the lawsuit [4]. Group 3: Law Firm Information - Kessler Topaz Meltzer & Check, LLP is the law firm handling the class action and encourages affected Newmont investors to reach out for more information [5]. - The firm has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [5].

Core Viewpoint - A securities class action lawsuit has been filed against Newmont Corporation for allegedly making false and misleading statements regarding its business operations and financial prospects during the specified Class Period from February 22, 2024, to October 23, 2024 [1]. Group 1: Allegations Against Newmont - The complaint claims that Newmont was unable to increase gold production at its Tier 1 operations, specifically at Lihir and Brucejack [2]. - It is alleged that Newmont experienced higher operating costs across its mining operations [2]. - As a result, the statements made by Newmont regarding its business and operational prospects were materially false and misleading [2]. Group 2: Lead Plaintiff Process - Investors in Newmont have until April 1, 2025, to seek appointment as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel [3]. - A lead plaintiff acts on behalf of all class members and is typically the investor or small group of investors with the largest financial interest [3]. - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery [3]. Group 3: Firm Information - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has a reputation for recovering billions for victims of corporate misconduct [4]. - The firm encourages Newmont investors who have suffered losses to contact them for more information [4].

Core Viewpoint - Newmont Corporation is facing a class action securities lawsuit due to alleged securities fraud that affected investors between February 22, 2024, and October 23, 2024 [1] Group 1: Lawsuit Details - The lawsuit was initiated following Newmont's announcement on October 23, 2024, which disclosed disappointing EBITDA for Q3 2024, alongside decreases in production and increases in operating costs [2] - Newmont's press release indicated that mining operations at its two Tier 1 assets would experience lower production than previously guided, with expectations of higher costs [2] - Following the announcement, Newmont's stock price dropped from $57.74 per share on October 23, 2024, to $49.25 per share on October 24, 2024 [2] Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until April 1, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky has a 20-year history of securing hundreds of millions of dollars for shareholders and has a strong track record in high-stakes securities litigation [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4]

Core Viewpoint - Newmont Corporation is facing a class action lawsuit due to disappointing financial results and operational challenges, leading to a significant drop in its stock price [1][2]. Group 1: Allegations and Financial Impact - The class period for the lawsuit is from February 22, 2024, to October 23, 2024 [1]. - On October 23, 2024, Newmont announced disappointing EBITDA for Q3 2024, along with decreased production and increased operating costs [1]. - The company revealed that mining operations at its two Tier 1 assets would experience lower production than previously guided, with expectations of higher costs [1]. - Following the announcement, Newmont's stock price fell from $57.74 per share to $49.25 per share, a decline of approximately 14.5% [1]. Group 2: Next Steps for Shareholders - Shareholders are encouraged to register for the class action by April 1, 2025, to potentially become lead plaintiffs [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the case lifecycle [2]. - Participation in the case incurs no cost or obligation for shareholders [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].

Core Points - A class action lawsuit has been filed against Newmont Corporation in the United States District Court for the District of Colorado on behalf of investors who purchased Newmont securities between February 22, 2024, and October 23, 2024 [1] - Investors have until April 1, 2025, to apply to be appointed as lead plaintiff in the lawsuit [1] Allegations - The complaint alleges that during the class period, defendants made false and misleading statements regarding Newmont's revenue outlook and its ability to increase gold and mineral production through operational improvements [3] - It is claimed that the defendants provided materially flawed statements of confidence and growth projections that did not consider critical variables [3]

Core Viewpoint - A securities class action lawsuit has been filed against Newmont Corporation for allegedly making false and misleading statements regarding its business operations and financial prospects during the specified Class Period from February 22, 2024, to October 23, 2024 [1]. Group 1: Allegations Against Newmont - The complaint claims that Newmont was unable to increase gold production at its Tier 1 operations, specifically at Lihir and Brucejack [3]. - It is alleged that Newmont experienced higher operating costs across its mining operations [3]. - The statements made by Newmont regarding its business and operational prospects were deemed materially false and misleading, lacking a reasonable basis throughout the Class Period [3]. Group 2: Legal Process for Investors - Newmont investors have until April 1, 2025, to seek appointment as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel [4]. - A lead plaintiff is typically the investor or small group of investors with the largest financial interest and who are representative of the proposed class [4]. - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery from the lawsuit [4]. Group 3: Law Firm Information - Kessler Topaz Meltzer & Check, LLP has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [5]. - The firm encourages Newmont investors who have suffered significant losses to contact them for more information [5].