International Callers 3008 Australia, P.O. For further information on the Newcrest ADR programme please refer to the Newcrest page of The Bank of New York Mellon’s website or contact: The Bank of New York Mellon Shareowner Services, PO Box 505000 Have a confidential tip for our reporters? It’s also focused on exploration in the U.S., Mexico and Chile. careers@newcrest.com.au, © It is understood the raising went off without a hitch - and Newcrest could've raised much more if it had the need. News Provided by Canada Newswire via QuoteMedia.
The TSX has a strong representation of resources companies, which has attracted a lot of investment activity from the North American market. Why is Newcrest listing on the TSX? The ASX Group's activities span primary and secondary market services, including capital formation and hedging, trading and price discovery (Australian Securities Exchange) central counter party risk transfer (ASX Clearing Corporation); and securities settlement for both the equities and fixed income markets (ASX Settlement Corporation). Link Market Services.
Authorised by the Newcrest Disclosure Committee, This information is available on our website at www.newcrest.com.
He holds a bachelor of accountancy and is a CFA charterholder. We expect that trading will be able to commence at 9.30am on Tuesday 13 October 2020 ( Toronto time). The previous deal, Woodside Petroleum's, priced before the market meltdown. And remember you can unsubscribe at any time.
From capital raising to VA in eight weeks flat – we’d probably leave it out of our career highlights, too.
Tower 4, 727 Collins Street Chris Maitland Mining; 08 September 2020 comments; share.
One week after raising equity, Sandeep Biswas-run Newcrest Mining was in the US bond markets collecting $US1.15 billion.
Newcrest, as seasoned mining investors will know, is the Australian gold mining champion, a company which boasts annual production 2.5mln ounces of …
Listing on the TSX allows Newcrest to be considered for inclusion on the TSX S&P Gold Index. Dec 2014 – Oct 2018 3 years 11 months. © 2020 Glacier Media Group, All Rights Reserved. Oct 2018 – Present 1 year 1 month. It was a productive long weekend for Barrenjoey Capital!
(The previous record was May 2016, when $US179 billion was raised). The Company will retain its primary listing on the Australian Securities Exchange and its secondary listing on PNGX Markets, under the trading symbol “NCM”.
USA, Domestic USA Callers (Toll Free)
Australian gold miner Newcrest Mining said on Tuesday it has received conditional approval to list on the Toronto Stock Exchange (TSX) and will begin trading on Oct. 13. Retail cash-back outfit and ASX aspirant Cashrewards has received the backing of Australian cricketing royalty. A North American listing is part of our strategy of pursuing growth in the Americas. Market Release 6 October 2020 Newcrest receives Conditional Approval for TSX Listing Newcrest Mining Limited (NCM:ASX) has received conditional approval to list on the Toronto Stock Exchange (TSX) on 13 October 2020 (Toronto time), subject to … Saracen and Northern Star are expected to announce a merger, sources told Street Talk on Tuesday. Australia, Tower 4, 727 Collins Street, By selecting company or companies above, you are giving consent to receive communication from those companies using the contact information you provide. Newcrest has announced the appointment of Tom Dixon to the role of head of investor relations and media, effective October 1.
For more on Newcrest's FY20 annual performance view the Annual Report.
Please remember that by requesting an investor kit, you are giving permission for those companies to contact you using whatever contact information you provide. We already have a large existing North American shareholder base and therefore it makes sense for investors to be able to trade our stock in their time zone should they wish to do so. Save my name, email, and website in this browser for the next time I comment. Newcrest has advanced about 3% in Sydney trading this year, compared to a 45% gain for industry leader Newmont Corp.’s U.S.-listed shares and a 40% rise in the S&P/TSX Global Gold Index. Melbourne, Australia. Newcrest Mining Limited has an established American Depositary Receipts (ADR) program.
Analysts reckon Newcrest also became the first Australian to issue 30-year paper since BHP in 2013. Newcrest completed a $US1.15 billion ($1.78 billion) investment grade bond issue on Friday morning, tapping the market for $US650 million in 10-year paper and another $US500 million in 30-year money. investor.relations@newcrest.com.au Interestingly, it was the first US bond deal by an Australian issuer in the COVID-19 world. We have assessed these to be Lihir, Cadia and Golpu and will be releasing those reports once the listing has gone live (on 13 October).
“We believe the TSX listing will improve the global visibility of the Company and broaden our access to the large North American capital pool.”.
Melbourne, VIC,
Melbourne, Australia.
Therefore, we think that now is the right time to offer North American investors exposure to Newcrest’s unique long life and low-cost operations together with our unique capabilities. This includes queries on dividend statements and change of address.
Will Newcrest be required to produce quarterly accounts? Melbourne, VIC, 3004 Dixon joins Newcrest from OZ, where he received the Australasian Investor Relations Association Award for "Most Progress in Investor Relations by an Australasian Company" in 2019. Your email address will not be published.
The trading particulars for Newcrest’s ADR facility are: American Depositary Receipts (ADR) Programme. Newcrest holds a unique position in the market with our long reserve life, low cost production, exciting pipeline of growth projects, our strong technical and exploration capabilities, strong balance sheet and track record of delivering on our commitments. Lead Senior Analyst - Planning & Reporting Newcrest Mining. Why list on the TSX? Newcrest delivered a solid performance for the financial year, producing 2.2 million ounces of gold at an AISC of $862 per ounce and generated an underlying profit of $750 million. We have limited the number of investor kits you can request to 20. “It increases our optionality when we want to do things.”. The 10-year bond priced at a 3.25 per cent coupon, while the 30-year deal was at 4.2 per cent. Newcrest ADR’s on the NYSE will continue to trade and are unaffected by the TSX listing. Required fields are marked *.
Box 358516 For full details go to https://investingnews.com/accredited-investor-definition/ or search for "accredited investor" in the search bar above. Melbourne, Australia. Oct 6 (Reuters) - Australian gold miner Newcrest Mining NCM.AX said on Tuesday it has received conditional approval to list on the Toronto Stock … There is no equity offering planned to be associated with this listing. Covid-19 Making a Dangerous Comeback in Most Parts of U.S. Apple Stops Selling Rival Earphones, Speakers Ahead of Launches, Stocks Gain Most in Almost Four Weeks; Yields Rise: Markets Wrap, A Clear-Cut Biden Win Is Emerging as a Bull Case for Stocks, New York Cracks Down on Hot Spots as Cases Surge: Virus Update.
MINING.com Editor | September 7, 2020 | 11:09 am Careers Top Companies Stock image.
“There’s a heightened interest in gold, particularly from generalist funds, and you’re starting to see some of that money coming into the market,” Biswas said. The ASX Group's activities span primary and secondary market services, including capital formation and hedging, trading and price discovery (Australian Securities Exchange) central counter party risk transfer (ASX Clearing Corporation); and securities settlement for both the equities and fixed income markets (ASX Settlement Corporation).
TOM Dixon has been appointed head of investor relations and media for Australian mining company Newcrest. Level 8, 600 St Kilda Road Newcrest, which raised about A$1.2 billion ($860 million) in share sales this year, has had renewed interest from North American investors in recent months as gold prices surged to a … 1-888-269-2377
How will the trading on the TSX work? Australia. Before it's here, it's on the Bloomberg Terminal. We have also noted that there has been a recent sustained increase in generalist investor interest in gold companies in North America .
“That’s a very rare thing,” he said.
For Newcrest, the bond deal came only one week after it raised $1 billion equity in an institutional placement and as existing investors weigh whether to chip into a share purchase plan.
Prior to his career in the mining and resources sector, Dixon developed a strong understanding of equity markets through his experience as a buy-side analyst with a fund manager and as a sell-side analyst with Goldman Sachs, as well as general financial and commercial experience as a finance manager for an energy company and as a management consultant with KPMG. Hard state borders are exacerbating a skills shortage and will see some trades enjoy pay rises of between 5 per cent and 8 per cent in the year ahead.
Updates to add share price moves in seventh paragraph. Newcrest Mining Limited (NCM:ASX) has received conditional approval to list on the Toronto Stock Exchange (TSX) on 13 October 2020 ( Toronto time), subject to meeting customary conditions before listing.
“We have observed an increase in interest from North American investors in the gold sector over the last six months.
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