logo
Newmont Corporation Announces Sale of Holdings of Orosur Mining Inc.

Newmont Corporation Announces Sale of Holdings of Orosur Mining Inc.

Business Wire3 days ago
DENVER--(BUSINESS WIRE)--Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (' Newmont ') announced today the sale of common shares (' Common Shares ') of Orosur Mining Inc. (the ' Issuer ').
On July 31, 2025, Newmont disposed of 29,213,186 Common Shares in a private transaction, at a price of C$0.19 per Common Share, for aggregate gross proceeds of C$5,550,505.34 (the ' Disposition '). Immediately prior to the Disposition, Newmont held 29,213,186 Common Shares. As a result of dilution following certain distributions of Common Shares by the Issuer, Newmont's holdings immediately prior to the Disposition represented approximately 9.4% of the issued and outstanding Common Shares on a non-diluted basis. As a result of this Disposition, Newmont no longer holds any Common Shares of the Issuer.
The Common Shares disposed of were sold for investment purposes. Newmont may, depending on price, market conditions or other conditions or factors it considers relevant from time to time, increase its beneficial ownership, control or direction over Common Shares or other securities of the Issuer through market transactions, private agreements or otherwise.
The address of Newmont is located at 6900 E Layton Avenue, Suite 700, Denver, Colorado 80237.
About Newmont
Newmont is the world's leading gold company and a producer of copper, zinc, lead, and silver. The Company's world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social, and governance practices. Newmont is an industry leader in value creation, supported by robust safety standards, superior execution, and technical expertise. Founded in 1921, the Company has been publicly traded since 1925.
At Newmont, our purpose is to create value and improve lives through sustainable and responsible mining. To learn more about Newmont's sustainability strategy and initiatives, go to www.newmont.com.
Cautionary Statement Regarding Forward-Looking Statements
This release contains 'forward-looking statements' within the meaning of applicable securities laws that are intended to be covered by the safe harbors created by Section 27A of the U.S. Securities Act of 1933, as amended, Section 21E of the U.S. Securities Exchange Act of 1934, as amended, and other securities legislation, including statements that use forward-looking terminology such as 'may', 'will', 'expect', 'anticipate', 'potential' or other variations thereof or comparable terminology. Such forward-looking statements may include, without limitation, statements regarding future investments in Orosur. Forward-looking statements are subject to other factors that could cause actual results to differ materially from expected results. Investors should not place undue reliance on forward-looking statements. A number of factors that could cause actual results to differ materially from any forward-looking statement. For a discussion of such risks relating to Newmont's business and other factors, see its most recent Form 10-K, filed with the Securities and Exchange Commission under the headings 'Risk Factors' and 'Forward-Looking Statements.' Newmont does not undertake any obligation to release publicly revisions to any forward-looking statement to reflect events or circumstances after the date of this news release, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws. Investors should not assume that any lack of update to a previously issued forward-looking statement constitutes a reaffirmation of that statement. Continued reliance on forward-looking statements is at investors' own risk.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

ASX Growth Companies With High Insider Ownership August 2025
ASX Growth Companies With High Insider Ownership August 2025

Yahoo

time21 minutes ago

  • Yahoo

ASX Growth Companies With High Insider Ownership August 2025

As the Australian market faces a challenging period with the ASX 200 futures down in response to impending U.S. tariffs, investors are closely monitoring economic developments that could impact growth prospects. In such uncertain times, companies with high insider ownership often attract attention as they may indicate strong confidence from those who know the business best, potentially offering stability and resilience amidst broader market volatility. Top 10 Growth Companies With High Insider Ownership In Australia Name Insider Ownership Earnings Growth Newfield Resources (ASX:NWF) 31.5% 72.1% Image Resources (ASX:IMA) 22.3% 79.8% Gratifii (ASX:GTI) 17.9% 114.0% Findi (ASX:FND) 33.6% 91.2% Fenix Resources (ASX:FEX) 21.1% 53.9% Echo IQ (ASX:EIQ) 18% 51.4% Cyclopharm (ASX:CYC) 11.3% 97.8% BlinkLab (ASX:BB1) 39.8% 52.7% Alfabs Australia (ASX:AAL) 10.8% 41.3% Acrux (ASX:ACR) 15.5% 106.9% Click here to see the full list of 99 stocks from our Fast Growing ASX Companies With High Insider Ownership screener. We're going to check out a few of the best picks from our screener tool. Australian Ethical Investment Simply Wall St Growth Rating: ★★★★★☆ Overview: Australian Ethical Investment Ltd is a publicly owned investment manager with a market cap of A$875.60 million, focusing on ethical and sustainable investment strategies. Operations: The company generates revenue primarily from its Funds Management segment, amounting to A$110.80 million. Insider Ownership: 21.8% Australian Ethical Investment is poised for growth, with revenue projected to increase by 10.9% annually, outpacing the broader Australian market. The company's earnings grew by 24.6% last year and are expected to rise significantly over the next three years, surpassing market averages. Its return on equity is forecasted to reach a very high level in three years, indicating strong profitability potential. Despite no recent insider trading activity, these factors highlight its growth prospects. Dive into the specifics of Australian Ethical Investment here with our thorough growth forecast report. Our comprehensive valuation report raises the possibility that Australian Ethical Investment is priced higher than what may be justified by its financials. GemLife Communities Group Simply Wall St Growth Rating: ★★★★☆☆ Overview: GemLife Communities Group operates as a developer, builder, owner, and operator in the land lease community sector, providing resort-style communities for homeowners aged 50 and over in Australia with a market cap of A$1.65 billion. Operations: GemLife Communities Group generates revenue through its activities in developing, constructing, owning, and managing resort-style residential communities for individuals aged 50 and above within Australia. Insider Ownership: 26.6% GemLife Communities Group recently completed a significant A$750 million IPO, enhancing its capital base. The company's earnings are forecast to grow at 29.7% annually, outpacing the Australian market's average growth rate of 10.7%. Despite trading below fair value and having illiquid shares, GemLife's revenue is expected to grow faster than the market at 11.7% per year. However, interest payments are not well covered by earnings, which could pose financial challenges. Unlock comprehensive insights into our analysis of GemLife Communities Group stock in this growth report. Our expertly prepared valuation report GemLife Communities Group implies its share price may be too high. Regis Healthcare Simply Wall St Growth Rating: ★★★★★☆ Overview: Regis Healthcare Limited provides residential aged care services in Australia and has a market cap of A$2.55 billion. Operations: The company's revenue is primarily derived from its residential aged care services, totaling A$1.10 billion. Insider Ownership: 39% Regis Healthcare is experiencing significant earnings growth, forecasted at 24.4% annually, outpacing the Australian market's average. Despite negative shareholder equity and trading at 31.5% below fair value, Regis became profitable this year. Insider activity shows substantial selling over the past three months without notable buying. Revenue is expected to grow by 7.9% per year, slower than high-growth benchmarks but still above market averages. Return on Equity is projected to be very high in three years. Click here and access our complete growth analysis report to understand the dynamics of Regis Healthcare. Our valuation report unveils the possibility Regis Healthcare's shares may be trading at a premium. Make It Happen Gain an insight into the universe of 99 Fast Growing ASX Companies With High Insider Ownership by clicking here. Interested In Other Possibilities? Rare earth metals are the new gold rush. Find out which 25 stocks are leading the charge. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years. Companies discussed in this article include ASX:AEF ASX:GLF and ASX:REG. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio

Judo Capital Holdings And 2 Other ASX Penny Stocks To Monitor
Judo Capital Holdings And 2 Other ASX Penny Stocks To Monitor

Yahoo

time21 minutes ago

  • Yahoo

Judo Capital Holdings And 2 Other ASX Penny Stocks To Monitor

Amidst the backdrop of global tariff tensions and a subdued Australian market, investors are exploring diverse opportunities to navigate these uncertain times. Penny stocks, though often associated with smaller or newer companies, continue to hold relevance for those seeking potential growth outside the mainstream. This article will examine three such stocks that combine financial strength with promising prospects, offering intriguing possibilities for investors looking beyond conventional options. Top 10 Penny Stocks In Australia Name Share Price Market Cap Financial Health Rating Alfabs Australia (ASX:AAL) A$0.40 A$114.64M ★★★★☆☆ EZZ Life Science Holdings (ASX:EZZ) A$2.03 A$95.76M ★★★★★★ GTN (ASX:GTN) A$0.365 A$69.59M ★★★★★★ IVE Group (ASX:IGL) A$2.91 A$448.67M ★★★★★☆ West African Resources (ASX:WAF) A$2.26 A$2.58B ★★★★★★ Southern Cross Electrical Engineering (ASX:SXE) A$1.77 A$468M ★★★★★★ Regal Partners (ASX:RPL) A$2.95 A$991.86M ★★★★★★ Sugar Terminals (NSX:SUG) A$0.99 A$360M ★★★★★★ Austco Healthcare (ASX:AHC) A$0.385 A$140.26M ★★★★★★ CTI Logistics (ASX:CLX) A$1.855 A$149.41M ★★★★☆☆ Click here to see the full list of 459 stocks from our ASX Penny Stocks screener. Below we spotlight a couple of our favorites from our exclusive screener. Judo Capital Holdings Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Judo Capital Holdings Limited, with a market cap of A$1.74 billion, provides a range of banking products and services specifically tailored for small and medium businesses in Australia through its subsidiaries. Operations: The company generates revenue of A$325.5 million from its banking operations, focusing on products and services for small and medium enterprises in Australia. Market Cap: A$1.74B Judo Capital Holdings Limited, with a market cap of A$1.74 billion, focuses on banking services for small and medium enterprises in Australia. The company has a robust allowance for bad loans at 111% and maintains an appropriate Loans to Assets ratio of 82%. However, its Return on Equity is low at 4%, and earnings growth has been negative over the past year despite having high-quality earnings. The management team and board are experienced with average tenures of 3.5 years and 4.8 years respectively. Judo's shares trade at a discount to estimated fair value by approximately 25.8%. Click to explore a detailed breakdown of our findings in Judo Capital Holdings' financial health report. Review our growth performance report to gain insights into Judo Capital Holdings' future. LGI Simply Wall St Financial Health Rating: ★★★★★☆ Overview: LGI Limited specializes in carbon abatement and renewable energy solutions using biogas from landfill, with a market cap of A$310.83 million. Operations: The company's revenue is derived from Carbon Abatement (A$17.03 million), Renewable Energy (A$15.05 million), and Infrastructure Construction and Management (A$2.21 million). Market Cap: A$310.83M LGI Limited, with a market cap of A$310.83 million, derives revenue from carbon abatement and renewable energy solutions. Despite significant earnings growth over the past five years, recent negative earnings growth (-15.3%) poses challenges against industry averages. The company's short-term assets (A$20.9M) comfortably cover its short-term liabilities (A$9.9M), but not its long-term obligations (A$30.8M). Debt management is prudent, evidenced by a reduced debt-to-equity ratio now at 46.2% and satisfactory net debt to equity of 14.9%. However, the management team's inexperience could be a concern for potential investors evaluating stability and strategic direction. Jump into the full analysis health report here for a deeper understanding of LGI. Explore LGI's analyst forecasts in our growth report. Michael Hill International Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Michael Hill International Limited operates jewelry stores and offers related services across Australia, New Zealand, and Canada, with a market cap of A$161.62 million. Operations: The company generated revenue of A$644.09 million from its jewelry retail operations in Australia, New Zealand, and Canada. Market Cap: A$161.62M Michael Hill International, with a market cap of A$161.62 million, operates across Australia, New Zealand, and Canada. Despite generating significant revenue of A$644.09 million, the company faces challenges with declining profit margins (currently 0.2%) and negative earnings growth (-92.5%) over the past year. While its short-term assets exceed both short- and long-term liabilities, interest coverage is weak at 1.7 times EBIT. The company's debt is well-covered by operating cash flow (196.3%), but recent leadership changes due to the passing of founder Sir Michael Hill may impact strategic direction moving forward. Click here and access our complete financial health analysis report to understand the dynamics of Michael Hill International. Gain insights into Michael Hill International's outlook and expected performance with our report on the company's earnings estimates. Summing It All Up Click through to start exploring the rest of the 456 ASX Penny Stocks now. Curious About Other Options? AI is about to change healthcare. These 26 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ASX:JDO ASX:LGI and ASX:MHJ. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

3 ASX Dividend Stocks Yielding Up To 8.6%
3 ASX Dividend Stocks Yielding Up To 8.6%

Yahoo

time21 minutes ago

  • Yahoo

3 ASX Dividend Stocks Yielding Up To 8.6%

As Australian markets brace for potential impacts from U.S. tariffs, with the ASX 200 futures reflecting a cautious sentiment, investors are increasingly looking towards dividend stocks as a source of steady income amidst economic uncertainty. In such volatile times, selecting stocks that offer reliable dividends can be an attractive strategy for those seeking to mitigate risk while still participating in market opportunities. Top 10 Dividend Stocks In Australia Name Dividend Yield Dividend Rating Super Retail Group (ASX:SUL) 7.85% ★★★★★☆ Sugar Terminals (NSX:SUG) 8.20% ★★★★★☆ Nick Scali (ASX:NCK) 3.10% ★★★★★☆ New Hope (ASX:NHC) 9.81% ★★★★★☆ MFF Capital Investments (ASX:MFF) 3.52% ★★★★★☆ Lycopodium (ASX:LYL) 6.80% ★★★★★☆ Lindsay Australia (ASX:LAU) 6.94% ★★★★★☆ IPH (ASX:IPH) 6.67% ★★★★★☆ Fiducian Group (ASX:FID) 3.92% ★★★★★☆ Accent Group (ASX:AX1) 6.69% ★★★★★☆ Click here to see the full list of 32 stocks from our Top ASX Dividend Stocks screener. We'll examine a selection from our screener results. Fleetwood Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Fleetwood Limited, with a market cap of A$244.69 million, operates in Australia and New Zealand focusing on the design, manufacture, sale, and installation of modular accommodation and buildings. Operations: Fleetwood Limited generates revenue through its RV Solutions segment at A$71.51 million, Building Solutions segment at A$340.12 million, and Community Solutions segment at A$50.02 million. Dividend Yield: 8.7% Fleetwood's dividend yield of 8.68% ranks in the top 25% of Australian dividend payers, yet its sustainability is questionable due to a high payout ratio of 286.1%, indicating dividends aren't well covered by earnings. Despite trading at a significant discount to estimated fair value, profit margins have declined from last year and dividends have been historically volatile and unreliable. Recent share buybacks totaling A$2.02 million may signal management's confidence but don't directly address dividend stability concerns. Get an in-depth perspective on Fleetwood's performance by reading our dividend report here. Upon reviewing our latest valuation report, Fleetwood's share price might be too optimistic. Korvest Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Korvest Ltd, with a market cap of A$154.92 million, manufactures and supplies cable and pipe support systems, fastening solutions, and galvanising services in Australia. Operations: Korvest Ltd generates its revenue from two main segments: Production, contributing A$10.58 million, and Industrial Products, accounting for A$108.99 million. Dividend Yield: 5% Korvest's dividends are reasonably covered by earnings and cash flows, with payout ratios of 58% and 51.3%, respectively. Despite past volatility in dividend payments, the company has announced a final dividend of A$0.40 and a special dividend of A$0.10 for fiscal year 2025, reflecting confidence in its financial position. With a P/E ratio of 11.8x below the market average, Korvest offers value but lacks top-tier yield competitiveness at 4.96%. Recent earnings growth supports future payouts amidst expansion plans funded through cash flow and short-term debt facilities. Take a closer look at Korvest's potential here in our dividend report. According our valuation report, there's an indication that Korvest's share price might be on the expensive side. MFF Capital Investments Simply Wall St Dividend Rating: ★★★★★☆ Overview: MFF Capital Investments Limited is an investment firm manager with a market capitalization of A$2.66 billion. Operations: MFF Capital Investments Limited generates revenue primarily through its equity investment segment, amounting to A$1.01 billion. Dividend Yield: 3.5% MFF Capital Investments offers a reliable dividend, supported by strong earnings and cash flow coverage with payout ratios of 12.7% and 22.9%, respectively. The company's dividends have been stable and growing over the past decade, though its yield of 3.52% is below the top quartile in Australia. Trading at a significant discount to estimated fair value, MFF presents potential for capital appreciation alongside consistent dividend payments backed by recent earnings growth of 51.9%. Click here and access our complete dividend analysis report to understand the dynamics of MFF Capital Investments. The valuation report we've compiled suggests that MFF Capital Investments' current price could be quite moderate. Key Takeaways Navigate through the entire inventory of 32 Top ASX Dividend Stocks here. Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments. Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors. Ready For A Different Approach? Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ASX:FWD ASX:KOV and ASX:MFF. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store