secwatch.observer — SEC 8-K summary
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Issuer:     NEWMONT Corp /DE/ (NEM)
CIK:        0001164727
Form:       8-K
Filed at:   2023-06-21T23:59:59+00:00
Accession:  0001104659-23-073025
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Newmont defers Yanacocha Sulfides investment decision for at least two years
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- Deferral of full-funds investment decision for Yanacocha Sulfides Project in Peru for at least two years to advance portfolio optimization.
- Targeting at least $2 billion in near-term cash flow improvements within two years post-Newcrest acquisition.
- Reduction of ~$300 million in 2024 development capital expenditures from the deferral.
- Dean Gehring transitions from Yanacocha lead to Chief Integration Officer for the Newcrest acquisition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1164727/000110465923073025/0001104659-23-073025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1164727/000110465923073025/tm2315741d7_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-073025

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer