Newmont to Acquire Properties to Support Land Use Planning in Tahltan Territory
30 Março 2022 - 8:30AM
Business Wire
Planned Acquisition Intended to Protect and Conserve Lands Under
Tahltan Stewardship Initiative
Today, Newmont Corporation (NYSE:NEM, TSX:NGT) announced that it
has entered into a definitive agreement with Skeena Resources
Limited to acquire certain properties located in Tahltan Territory
in northwestern British Columbia conditional upon the successful
completion of Skeena’s proposed acquisition of QuestEx Gold &
Copper Ltd. Newmont will work in collaboration with the Tahltan
Nation, the Iskut community and the British Columbia government to
make available portions of the acquired properties to support the
land use planning objectives of the Tahltan Nation and the Iskut
community.
“We are committed to developing a world class mining
jurisdiction in the region which includes sustainable resource
development while protecting and conserving lands under the Tahltan
Stewardship Initiative that are important to the Tahltan Nation and
the Iskut community,” said Newmont President and CEO Tom Palmer.
“We are acquiring the land in an effort to address concerns raised
by the Tahltan Nation. The mining claims around Iskut are not being
purchased for development or their mineral potential.”
Newmont supports the Tahltan Stewardship Initiative designed to
preserve key areas around the community of Iskut and the work of
the Tahltan and British Columbia to achieve reconciliation
outcomes. Newmont believes there is shared value in the creative
solutions this acquisition will enable the parties to advance. The
Company looks forward to making the North ROK and Coyote properties
available for the Tahltan Stewardship Initiative as part of a
continual effort to build a respectful and mutually beneficial
relationship with the Tahltan Nation and Iskut community.
In 2021, Newmont acquired the Saddle North deposit through the
acquisition of GT Gold Corporation. At the time of acquisition, the
Company recognized and continues to acknowledge the need for
Tahltan consent to advance the project.
Skeena Resources Limited has entered into a definitive agreement
to acquire all of the issued and outstanding shares of QuestEx Gold
& Copper Ltd. Following the completion of this proposed
transaction by way of a plan of arrangement, which is subject to
QuestEx shareholder approval, regulatory approvals (including TSXV
and TSX), and other customary closing conditions, Skeena will sell
to Newmont the northern properties of Castle, Coyote, Heart Peaks,
Moat and North ROK.
About Newmont
Newmont is the world’s leading gold company and a producer of
copper, silver, zinc and lead. The Company’s world-class portfolio
of assets, prospects and talent is anchored in favorable mining
jurisdictions in North America, South America, Australia and
Africa. 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. The Company is an industry leader
in value creation, supported by robust safety standards, superior
execution and technical expertise. Newmont was founded in 1921 and
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, visit our annual
Sustainability Report at www.newmont.com.
Cautionary Statement: This news release contains
“forward-looking statements” within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, which are intended to
be covered by the safe harbor created by such sections and other
applicable laws. Where a forward-looking statement expresses or
implies an expectation or belief as to future events or results,
such expectation or belief is expressed in good faith and believed
to have a reasonable basis. Forward-looking statements often
contain words such as “anticipate,” “intend,” “plan,” “will,”
“would,” or “expect.” Forward-looking statements in this news
release include expectations regarding the closing of the purchase
and sale agreements, which remains conditional upon the
satisfaction of certain conditions beyond Newmont’s control,
expectations regarding future of the Castle, Coyote, Heart Peaks,
Moat and North ROK properties, expectations around future land use
planning with Tahltan and the government, and expectations of value
delivery in the future. Expectations of future events are based
upon certain assumptions, which may prove to be incorrect, and
remain subject to risks, which could cause actual results to differ
materially. For a discussion of risks and other factors that might
impact future looking statements, see the Company’s Annual Report
on Form 10-K for the year ended December 31, 2021 filed with the
U.S. Securities and Exchange Commission (the “SEC”), under the
heading “Risk Factors", available on the SEC website or
www.newmont.com. The Company does not undertake any obligation to
release publicly revisions to any “forward-looking statement,”
including, without limitation, outlook, 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220330005317/en/
Media Contact Courtney Boone
303.837.5159 courtney.boone@newmont.com
Investor Contact Daniel Horton
303.837.5468 daniel.horton@newmont.com
Newmont (TSX:NGT)
Gráfico Histórico do Ativo
De Mar 2024 até Abr 2024
Newmont (TSX:NGT)
Gráfico Histórico do Ativo
De Abr 2023 até Abr 2024