DENVER, September 28, 2022--Newmont Corporation (NYSE: NEM, TSX: NGT) today announced that Nancy Buese will step down from the role of Executive Vice President and Chief Financial Officer of Newmont on November 1, as she pursues an opportunity outside of the Company. Nancy will be succeeded by Brian Tabolt on an interim basis as Newmont commences a global search.
In the latest trading session, Newmont Corporation (NEM) closed at $40.27, marking a -0.79% move from the previous day.
Including Newmont's 18.75% stake, commodity major Glencore will own 43.75% of the Minera Agua Rica Alumbrera (MARA) project after the deal closes, while Canadian miner Yamana Gold Inc will continue being the operator and own the rest of it. Glencore will pay $124.9 million upfront and up to $50 million in deferred payment for the stake upon commercial production of the project.