Freitag, 12. September 2014

Newmont Mining setzt Verschlankungskur fort: Verkauf von Penmont-JV in Mexiko an Silber-Gigant Fresnillo

Der zweitgrößte Goldproduzent der Welt, Newmont Mining (NYE:NEM) mit Hauptsitz in den USA, benötigt weiteres Kapital, um die Finanz- und Bilanzlage zu entspannen. 

Seit letztem Jahr hat Newmont Mining durch Projekt- und Asset-Verkäufe rund 1,3 Mrd. USD an Cash generiert - musste jedoch auch natürlich bedeutende Abschreibungen hinnehmen. 

Nun vermeldete der angeschlagene Goldriese den nächsten, größeren Deal. Und zwar in Mittelamerika. 

Für rund 450 Mio. USD verkauft Newmont seinen 44%igen Anteil am Penmont Joint-Venture in Mexiko (primär Goldminen/Projekte), dessen Haupt-Operator Fresnillo (LSE:FRES) ist, der größte Silberproduzent der Welt..




Yoel Minkoff, SA News Editor

  • Fresnillo (OTCPK:FNLPF) says it will buy the 44% stake it doesn't already own in its Penmont joint venture from Newmont Mining (NYSE:NEM), and expects the $450M deal to add to earnings immediately.

  • "Acquiring full control of the Herradura and Noche Buena mines and the key exploration assets in the JV should enable us...to increase our target of reaching 500K ounces of attributable gold production by 2018 to 750K ounces," says Fresnillo CEO Octavio Alvidrez.


DENVER--()--Newmont Mining Corporation (NYSE: NEM) (“Newmont” or “the Company”) announced it has entered into a binding purchase and sale agreement with Fresnillo plc (“Fresnillo”) to divest its 44 percent stake in the Penmont joint venture (“Penmont”) in Mexico for a gross transaction value of approximately US$477 million, including cash proceeds of US$450 million at closing. Fresnillo is acquiring all assets and liabilities, including all employee and future environmental obligations.
“Since last year, Newmont has generated $1.3 billion from the sale of non-core assets at fair value, thereby significantly improving our financial flexibility and better positioning us to fund the next generation of the Company’s profitable operations, such as Merian in Suriname.”
We are pleased to announce our agreement with Fresnillo, which further strengthens Newmont's financial flexibility while allowing our partner to consolidate their position in the Herradura Corridor,” said Randy Engel, Newmont’s Executive Vice President for Strategic Development. “Since last year, Newmont has generated $1.3 billion from the sale of non-core assets at fair value, thereby significantly improving our financial flexibility and better positioning us to fund the next generation of the Company’s profitable operations, such as Merian in Suriname.”
The sale is expected to close in early October and is subject to Fresnillo shareholder approval. Newmont owns a 44 percent interest in the Penmont joint venture and related gold properties (La Herradura, Soledad-Dipolos and Noche Buena), which are located in the Sonora region of Mexico. Penmont is operated by Fresnillo through Minera Penmont S. de R.L. de C.V. (“Minera Penmont”) and Fresnillo owns the remaining 56 percent interest. At December 31, 2013, Newmont recognized net book value of the Penmont joint venture totaling approximately $365 million.
La Herradura has been in operation since 1998. Soledad-Dipolos is located nine kilometers northwest of La Herradura and commenced operations in January 2010. Noche Buena is located 23 kilometers northwest of La Herradura and operations commenced in the first quarter of 2012. Penmont produced approximately 183,000 attributable ounces of gold in 2013, and at December 31, 2013 Newmont reported 2.2 million attributable ounces of gold reserves.

Quelle: proactiveinvestors.com

About Newmont
Founded in 1921 and publicly traded since 1925, Newmont is a leading producer of gold and copper. Headquartered in Colorado, the Company has approximately 30,000 employees and contractors, with the majority working at managed operations in the United States, Australia, New Zealand, Peru, Indonesia and Ghana. Newmont is the only gold company listed in the S&P 500 index and in 2007 became the first gold company selected to be part of the Dow Jones Sustainability World Index. Newmont is an industry leader in value creation, supported by its leading technical, environmental, and health and safety performance..

Quelle: bigcharts.com


Quelle: bigcharts.com

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