Newmont lays off nearly a dozen managers, plans to merger businesses, Bloomberg News reports [Yahoo! Finance Canada]
Newmont Corporation (NEM)
Last newmont corporation earnings: 2/20 06:55 am
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Source: Yahoo! Finance Canada
The company also told employees that it plans to merge several businesses, with five units being consolidated into three, and removing standalone divisions that control operations in Australia and Africa, instead combining them with units that control North America and East Asia, according to the report. Newmont in February this year had said it would trim its workforce to cut debt following its $17.14 billion acquisition of Newcrest. The company, which was not immediately available for a Reuters request for comment, missed Wall Street expectations for third-quarter profit on higher costs and lower production in Nevada. (Reporting by Seher Dareen in Bengaluru; Editing by Alan Barona) Recommended Stories
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News
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- Orla Mining Announces Filing of Special Meeting Materials and 43-101 Technical Report for Musselwhite Acquisition [Yahoo! Finance]Yahoo! Finance
- Orla Mining Announces Filing of Special Meeting Materials and 43-101 Technical Report for Musselwhite Acquisition [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Newmont (NYSE:NEM shareholders incur further losses as stock declines 11% this week, taking three-year losses to 31% [Yahoo! Finance]Yahoo! Finance
- Newmont Files Early Warning Report [Yahoo! Finance]Yahoo! Finance
NEM
Earnings
- 10/23/24 - Beat
NEM
Sec Filings
- 12/6/24 - Form 3
- 12/4/24 - Form 4
- 12/4/24 - Form 4
- NEM's page on the SEC website