DENVER--(BUSINESS WIRE)--Newmont Mining Corporation (NYSE: NEM) (“Newmont” or “the Company”) announced that, following the completion by TMAC Resources Inc. (“TMAC”) of an initial public offering of its common shares, Newmont, through its indirect subsidiary Hope Bay Mining Ltd., beneficially owns 22,299,999 TMAC common shares, representing approximately 30.7 percent of the Common Shares issued and outstanding. The securityholdings include 3,666,667 TMAC common shares acquired under the initial public offering.
Newmont beneficially owns the TMAC common shares referenced in this news release for investment purposes. The Company will continue to evaluate its investment in TMAC and may increase or decrease its security holdings for investment purposes.
An early warning report in connection with this news release is being filed by Newmont in accordance with applicable Canadian securities laws and will be available on the SEDAR website at www.sedar.com.
Newmont is a leading gold and copper producer. The Company employs approximately 28,000 employees and contractors, with the majority working at managed operations in the United States, Australia, New Zealand, Ghana, Peru, Suriname and Indonesia. Newmont is the only gold producer listed in the S&P 500 index and in 2007 became the first named to the Dow Jones Sustainability World Index. The Company is an industry leader in value creation, supported by its leading technical, environmental, social and safety performance. Newmont was founded in 1921 and has been publicly traded since 1925.
For more information, including to obtain a copy of the early warning report to which this news release relates, please contact:
Vice President, Associate General Counsel and Corporate Secretary
Newmont Mining Corporation
6363 South Fiddler’s Green Circle
Greenwood Village, CO 80111