Newmont Mining (NEM) Reports In-Line Q2 EPS; Offers Outlook

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Go back to Newmont Mining (NEM) Reports In-Line Q2 EPS; Offers Outlook

Newmont Announces Second Quarter Operating and Financial Results

July 22, 2015 4:19 PM EDT

DENVER--(BUSINESS WIRE)-- Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) announced second quarter results, including $441 million in operating cash flow, and $692 million in adjusted earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA).1

Net income: Achieved adjusted net income2 of $131 million, or $0.26 per basic share, compared to $101 million or $0.20 per share in the prior year quarter; GAAP net income attributable to shareholders from continuing operations was $63 million, or $0.13 per share, compared to $182 million or $0.37 per share in the prior year quarter... More

Newmont Declares Quarterly Dividend of $0.025 Per Share

July 21, 2015 7:00 PM EDT

DENVER--(BUSINESS WIRE)-- Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) announced its Board of Directors declared a quarterly dividend of $0.025 per share of common stock, payable on September 24, 2015, to holders of record at the close of business on September 10, 2015. The average London Bullion Market Association (LBMA) P.M. Gold Price during the second quarter fell below the Companys gold price linked dividend policy threshold of $1,200 per ounce. The Board of Directors authorized the Company to maintain the dividend for the third quarter based on... More