Newmont Corp (XKAZ:NEM_KZ)
$ 42.5 0 (0%) Market Cap: 47.75 Bil Enterprise Value: 53.79 Bil PE Ratio: 0 PB Ratio: 1.62 GF Score: 84/100

Newmont Corporation To Acquire Newcrest - M&A Call Transcript

May 15, 2023 / 12:00PM GMT
Release Date Price: $52
Operator

Good morning, and welcome to Newmont's analyst and investor webcast and conference call. (Operator Instructions) Please note, this event is being recorded. I would now like to turn the conference over to Tom Palmer, President and Chief Executive Officer. Please go ahead.

Thomas Ronald Palmer
Newmont Corporation - President, CEO & Director

Thank you, operator. Hello, everyone, and thank you for joining us today for this exciting announcement. After an intense period of exclusive due diligence, along with the incredibly hard work from the dedicated teams at both Newcrest and Newmont, we have announced the signing of a definitive agreement to acquire Newcrest. This is a transformational transaction, one that is underpinned by a clear strategy that will combine two of the industry's senior gold producers and set the standard for safe, profitable and responsible gold and copper mining.

With industry-leading talent and decades of collective experience, the combined company will create significant value for both sets of shareholders, our combined

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