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Top related persons:
Sherry Duhe - 1 Duhe - 1 Melanie Burton - 1 Sonali Paul - 1
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Brisbane New South Wales Newcrest Australia Canada Papua New Guinea
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BRISBANE - 1 Newmont Corp - 1 Thomson - 1

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5 mentions found


☆ World faces 'terrifying' future if miners, regulators don't step up - Newcrest
  + stars: | 2023-06-29 | by ( ) www.reuters.com   time to read: +1 min
"We are urgently off course and we need to course correct immediately," Sherry Duhe, interim CEO of Australia's top gold miner and a former oil industry executive, told a mining conference in Brisbane. Other metals, such as nickel, cobalt and lithium, used in batteries and wind turbines, are also urgently needed for the energy transition. Miners need to step up development by an order of magnitude and governments need to slash regulatory timelines and beef up regulatory staffing, as regulation is becoming more complex, including duplicated rules, Duhe said. Newcrest is relying on a wind farm to supply 40% of its electricity needs for its Cadia gold mine in New South Wales state, but that power project development is struggling with regulatory time frames. ($1 = 1.5158 Australian dollars)Reporting by Melanie Burton; Editing by Sonali PaulOur Standards: The Thomson Reuters Trust Principles.
Persons: Sherry Duhe, Duhe, Melanie Burton, Sonali Paul Organizations: BRISBANE, Newmont Corp, Thomson Locations: Brisbane, New South Wales, Newcrest, Australia, Canada, Papua New Guinea
☆ It's 'shocking' how few women are represented at the top in mining, says mining company
  + stars: | 2023-03-08 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's 'shocking' how few women are represented at the top in mining, says mining companySherry Duhe of Newcrest Mining says companies need to do a better job of recruiting women into the mining sector.
☆ Gold giant Newmont’s $16.9 billion bid for Australia’s Newcrest clouded by deal doubts
  + stars: | 2023-02-06 | by ( ) edition.cnn.com   time to read: +4 min
The Australian gold miner said that it was considering the all-share proposal in a filing that was a response to media speculation over the weekend. The initial feedback from shareholders is that they want a higher price, according to a person familiar with Newcrest’s deliberations. Newcrest shareholders would receive 0.380 Newmont shares for every Newcrest share, giving them a 30% stake in the enlarged miner. It is a 4.7% improvement from a previous 0.363 per share offer that Newcrest already rejected for not providing enough value to shareholders, Newcrest disclosed on Monday. Morgan Stanley is looking towards a bull case of spot gold reaching $2,160 in the fourth quarter, up from $1,866 an ounce.
☆ Newmont makes $16.9 billion offer for Australia's Newcrest
  + stars: | 2023-02-05 | by ( Melanie Burton Sameer Manekar | Melanie Burton | Sameer Manekar | ) www.reuters.com   time to read: +1 min
MELBOURNE, Feb 6 (Reuters) - Global gold miner Newmont Corporation (NEM.N) has made an indicative $16.9 billion takeover offer for Australia's No. 1 goldminer Newcrest Mining Ltd. (NCM.AX), Newcrest said on Monday in a deal that would leverage both miners' operations in Australia and Canada. The offer price implies a premium of about 21% to Newcrest's last closing value of A$22.450, where Newcrest shareholders will receive 0.380 Newmont shares per every Newcrest share. "The Newcrest board, together with its financial and legal advisers, is considering the indicative proposal," the Australian gold miner said. The offer follows a rejected stock bid of 0.363 Newmont share per every Newcrest share, which the Australian gold miner consider "would not deliver sufficiently compelling value to Newcrest shareholders and on that basis".
☆ Newcrest CEO Biswas steps down, hunt for new chief underway
  + stars: | 2022-12-18 | by ( ) www.reuters.com   time to read: 1 min
MELBOURNE, Dec 19 (Reuters) - Newcrest Mining Ltd (NCM.AX) Chief Executive Sandeep Biswas will retire from his role at the helm of Australia's largest gold producer, the company said on Monday. Chief Financial Officer Sherry Duhe, who joined the company in February, will step in as interim chief executive while a global internal and external search for a replacement is underway, Newcrest said in a filing to the exchange. Duhe comes from an energy background, having previously worked as CFO of Woodside Energy, and spent 13 years at Shell. Biswas, who will relinquish his role as a managing director as of Monday, will stay on in an advisory capacity until March 18. Our Standards: The Thomson Reuters Trust Principles.
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