Newmont Corporation today announced that its Board of Directors declared a quarterly dividend of $0.55 per share of common stock, payable on June 17, 2021 to holders of record at the close of business on June 3, 2021.
The transaction was the largest sustainability-linked financing on record in the US Private Placement market to date and incorporated KPIs designed to incentivise the Company to meet ambitious targets related to the reduction of greenhouse gas emissions, the further alignment of Trafigura’s responsible sourcing programme with international standards for sustainable procurement, and the development of a renewable power portfolio.
First quarter silver production was marginally below the previous quarter, with the encouraging contribution of development ore from our new Juanicipio project offsetting lower grades at Saucito. I am also pleased to report continued progress at the Fresnillo mine with development rates showing an improvement. Quarterly gold production was ahead of the last quarter driven by the higher than expected grade at Herradura. Construction of Juanicipio is making good progress and we are on track to commission the plant by the fourth quarter.
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