UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
Form
(Mark One)
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the Fiscal Year Ended
or
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the transition period from to
Commission File Number:
NEWMONT CORPORATION
(Exact name of registrant as specified in its charter)
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(State or Other Jurisdiction of |
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(Address of Principal Executive Offices) |
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Registrant’s telephone number, including area code (
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class | | Trading Symbol | | Name of each exchange on which registered |
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Securities registered pursuant to Section 12(g) of the Act: None
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Exchange Act. Yes ◻
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
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| ☒ | | Accelerated filer | ◻ | |
| Non-accelerated filer | ◻ | | Smaller reporting company | |
| | | | Emerging growth company |
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes
At June 30, 2019, the aggregate market value of the registrant’s voting and non-voting common equity held by non-affiliates of the registrant was $
DOCUMENTS INCORPORATED BY REFERENCE
Portions of Registrant’s definitive Proxy Statement submitted to the Registrant’s stockholders in connection with our 2020 Annual Stockholders Meeting to be held on April 21, 2020 are incorporated by reference into Part III of this report.
TABLE OF CONTENTS
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| MANAGEMENT’S DISCUSSION AND ANALYSIS OF CONSOLIDATED FINANCIAL CONDITION AND RESULTS OF OPERATIONS | | 60 | |
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| CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE | | 180 | |
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| SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS | | 185 | |
| CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE | | 186 | |
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NEWMONT CORPORATION
2019 RESULTS AND HIGHLIGHTS
(unaudited, in millions, except per share, per ounce and per pound)
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| | Years Ended December 31, | |||||||
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| 2019 |
| 2018 |
| 2017 | |||
Financial Results: | | | | | | | | | |
Sales | | $ | 9,740 | | $ | 7,253 | | $ | 7,379 |
Gold | | $ | 9,049 | | $ | 6,950 | | $ | 7,064 |
Copper | | $ | 210 | | $ | 303 | | $ | 315 |
Silver | | $ | 253 | | $ | — | | $ | — |
Lead | | $ | 85 | | $ | — | | $ | — |
Zinc | | $ | 143 | | $ | — | | $ | — |
Costs applicable to sales (1) | | $ | 5,195 | | $ | 4,093 | | $ | 4,062 |
Gold | | $ | 4,663 | | $ | 3,906 | | $ | 3,899 |
Copper | | $ | 145 | | $ | 187 | | $ | 163 |
Silver | | $ | 181 | | $ | — | | $ | — |
Lead | | $ | 77 | | $ | — | | $ | — |
Zinc | | $ | 129 | | $ | — | | $ | — |
Net income (loss) from continuing operations | | $ | 2,956 | | $ | 319 | | $ | (71) |
Net income (loss) | | $ | 2,884 | | $ | 380 | | $ | (109) |
Net income (loss) from continuing operations attributable to Newmont stockholders | | $ | 2,877 | | $ | 280 | | $ | (76) |
Per common share, diluted: | | | | | | | |