- The document provides an overview of Newmont Mining Corporation's 2008 strategic priorities and financial outlook.
- Key priorities include ongoing project execution like the Nevada power plant and Yanacocha gold mill. Exploration and development activities at projects like Conga and Akyem are also emphasized.
- Financial guidance for 2008 includes equity gold sales of 5.1-5.4 million ounces at costs of $425-450 per ounce, and capital expenditures of $1.8-2 billion.
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
Abhay Bhutada Leads Poonawalla Fincorp To Record Low NPA And Unprecedented Gr...Vighnesh Shashtri
Under the leadership of Abhay Bhutada, Poonawalla Fincorp has achieved record-low Non-Performing Assets (NPA) and witnessed unprecedented growth. Bhutada's strategic vision and effective management have significantly enhanced the company's financial health, showcasing a robust performance in the financial sector. This achievement underscores the company's resilience and ability to thrive in a competitive market, setting a new benchmark for operational excellence in the industry.
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
Seminar: Gender Board Diversity through Ownership Networks
newmont mining feb_BMO_Presentation
1. A New Day Dawning
BMO Conference
February 25, 2008
2. Cautionary Statement
This presentation contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended that are intended to be
covered by the safe harbor created by such sections. Such forward-looking statements include, without limitation,
(i) estimates of future capital expenditures, project costs, tax rates and expenses; (ii) estimates regarding timing of
future mine development, construction, operations, or closure activities; and (iii) statements regarding potential
cost savings, productivity, operating performance, cost structure and competitive position. Where the Company
expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed
in good faith and believed to have a reasonable basis. However, forward-looking statements are subject to risks,
uncertainties and other factors, which could cause actual results to differ materially from future results expressed,
projected or implied by such forward-looking statements. Such risks include, but are not limited to, gold and other
metals price volatility, currency fluctuations, increased production costs and variances in ore grade or recovery
rates from those assumed in mining plans, political and operational risks in the countries in which we operate, and
governmental regulation and judicial outcomes. For a more detailed discussion of such risks and other factors, see
the Company’s 2007 Annual Report on Form 10-K, filed on February 21, 2008, with the Securities and Exchange
Commission, as well as the Company’s other SEC filings. The Company does not undertake any obligation to
release publicly revisions to any “forward-looking statement,” to reflect events or circumstances after the date of
this news release, or to reflect the occurrence of unanticipated events, except as may be required under applicable
securities laws.
February 25, 2008 Slide 2
3. Driving Shareholder Value
Through Focus and Execution
Refocusing on Our Core Gold Business
Eliminated legacy hedge book at ~$650 per ounce
Monetized royalty and other non-core assets
Acquired 80km x 20km prospective Hope Bay
project in Canada
Building Our Foundation for the Future
Hope Bay
Refocused on operational planning and execution
Disciplined Capital Effectiveness Program
Disciplined investments in exploration, project
development and attractive acquisitions
Member of Dow Jones Sustainability Index – World
Gold Pour
February 25, 2008 Slide 3
4. Fourth Quarter and 2007 Highlights
Q4 2007 Results
Equity gold sales: 1.4 million ounces at $384/ounce
Equity copper sales: 34 million pounds at $1.29/pound
Adjusted Net Income: $228 ($0.50/share)(1)
― Exceeded Consensus EPS of $0.37/share
Operating cash flow of $631 million ($1.40/share)(2)
Full-Year 2007 Results
Equity gold sales: 5.3 million ounces at $406/ounce
Equity copper sales: 204 million pounds at $1.10/pound
Adjusted Net Income: $580 ($1.28/share)(1)
― Exceeded Consensus EPS of $1.21/share
Adjusted operating cash flow of $1,553 million ($3.44/share)(2)
(1) Refer to Slide 13 for reconciliation to GAAP Net (loss) income
(2) Excludes discontinued operations, refer to Slide 14 for reconciliation to GAAP Net cash from operations
February 25, 2008 Slide 4
5. Significant Margin Expansion
$1,000 ~$940*
$900
$785
$800
$681
$667
$653 $490
$700
- $515
$600 $401
$234
$232 $293
$500
2008 CAS
Outlook:
$400
$425 - $450
$300
$425
$433
$421
$200 $388 $384 - $450
$100
$0
Q1 2007 Q2 2007 Q3 2007 Q4 2007 2008 Outlook
CAS/oz 2008 CAS Guidance
Operating Margin/oz Average Realized Gold Price
February 25, 2008 Slide 5
*Approximate London PM Fix Gold Price as of February 21, 2008
6. 2008 Equity Sales Outlook
5,700
~ (30)
~ 20 ~ (70)
~ 70
5,500
Equity Gold Sales (000 ozs)
~ 100 ~ (240)
Other Operations
5,100 - 5,400
Nevada
5,321
Indonesia
Africa
5,300
Yanacocha
Australia/NZ
5,100
4,900
4,700
2007 Actual 2008 Outlook
February 25, 2008 Slide 6
7. 2008 Costs Applicable to Sales
Outlook ($/oz)
$480
$460 ~ ($5)
~ $5
Costs Applicable to Sales per Ounce
~ ($5) $425-$450
~ $5
~ $10 ~ ($10)
~ $10
$440
Production
Electricity
~ $20
Parts and Supplies
Contract Services
Diesel
Other
$420 Consumables
$406
$400
Labor
$380
$360
$340
$320
$300
2007 Actual 2008 Outlook
February 25, 2008 Slide 7
8. 2008 Outlook
Description Range
Equity gold sales (million ounces) 5.1 – 5.4
Costs applicable to sales ($/ounce) $425 - $450
Equity copper sales (million pounds) 155 – 165
Costs applicable to sales ($/pound) $1.30 - $1.40
Consolidated capital expenditures ($ billion) $1.8 - $2.0
Depreciation, depletion & amortization ($ million) $725 - $775
Exploration ($ million) $220 - $230
Advanced projects, research and development ($ million) $120 - $180
General & administrative expenses ($ million) $140 - $150
Net interest expense ($ million) $110 - $120
Effective tax rate 30% - 34%
February 25, 2008 Slide 8
9. 2008 Strategic Priorities
Project Execution
Nevada Power Plant
Impact: Reduce Nevada operating costs by ~$25 per ounce
Progress: 95% complete – On track for mid-2008 start-up
Capital: $620 - $640 million
Yanacocha Gold Mill (consolidated)
Impact: 400 – 500 thousand ounces of gold per annum
$250 – $300/oz average costs applicable to sales
Progress: 96% complete – On track for start-up mid-2008
Capital: $250 - $270 million
Boddington (equity)
Impact: Reserves: 11.1m ounces of gold, 1.0 billion pounds of copper
First 5 Years: 650 – 700 thousand ounces gold
45 – 50 million pounds copper
Progress: 62% complete – On track for start-up late 2008 / early 2009
Capital: $1.4 - $1.6 billion
February 25, 2008 Slide 9
10. 2008 Strategic Priorities:
Exploration & Development
Conga - Peru
Reserves (equity): 6.1 million ounces of gold,
1.7 billion pounds of copper
Progress: Stage 3 studies in progress
Permitting activities underway
Building cross functional teams
Continuing to engage community
Development decision expected in 2008 Conga Drilling
Akyem - Ghana
Reserves (equity): 7.7 million ounces gold
Progress: Stage 2 studies in progress
Permitting activities underway
Development decision expected in 2008
Akyem
February 25, 2008 Slide 10
11. Hope Bay Update
Prospective Land Position
80km x 20km gold-rich greenstone belt
+20 identified prospects in 5 regional camps
3 known deposits: Doris, Madrid, Boston
containing ~10.7 million ounce resource*
Project Status Hope Bay Drill Rig
Evaluating multiple options to optimize asset
Developing infrastructure on site
Establishing community and regional presence
Cross functional team being assembled
Hope Bay Airstrip
February 25, 2008 *Based on Miramar’s reported resource estimate – has not been updated Slide 11
by Newmont
12. Driving Shareholder Value
Through Focus and Execution
Our Foundation
World’s premier unhedged gold producer
Focusing on core gold business and
operational execution
Disciplined project evaluation process
Dow Jones Sustainability Index – World
Boddington
Building on the Momentum from 2007
Eliminated legacy hedge book at ~$650 per ounce
Monetized royalty and other non-core assets
Issued $1.2 billion in convertible senior notes
Acquired prospective Hope Bay project in Canada
February 25, 2008 Slide 12
13. Reconciliation from Adjusted
Net Income to GAAP Net (loss) income
Description ($ million except per share, after-tax) Q4 2007 Per Share 2007 Per Share
Adjusted Net Income $ 228 $ 0.50 $ 580 $ 1.28
Write-down of Exploration goodwill $ (1,122) $ (2.48) $ (1,122) $ (2.48)
Loss on settlement of price-capped forward sales contracts $ - $ - $ (358) $ (0.79)
Write-down of marketable securities $ (39) $ (0.09) $ (39) $ (0.09)
Batu Hijau Minority loan repayment $ - $ - $ (25) $ (0.06)
GAAP (Loss) income from continuing operations $ (933) $ (2.06) $ (963) $ (2.13)
Gain on sale of royalty portfolio and other assets $ 597 $ 1.32 $ 597 $ 1.32
Write-down of Merchant Banking goodwill $ - $ - $ (1,665) $ (3.68)
Zarafshan expropriation settlement $ 6 $ 0.01 $ 60 $ 0.13
Other discontinued operations and asset sales $ 41 $ 0.09 $ 85 $ 0.19
GAAP Net (loss) income $ (289) $ (0.63) $ (1,886) $ (4.17)
February 25, 2008 Slide 13
14. Reconciliation From Adjusted Operating
Cash Flow to GAAP Net Cash From Operations
Description ($ million except per share, after-tax) Q4 2007 Per Share 2007 Per Share
Adjusted Operating Cash Flow $ 631 $ 1.40 $ 1,553 $ 3.44
Loss on settlement of price-capped forward sales contracts $ - $ - $ (578) $ (1.28)
Settlement of pre-acquisition income taxes of Normandy $ - $ - $ (276) $ (0.61)
Settlement of final copper collar contracts $ - $ - $ (174) $ (0.38)
GAAP net cash provided from continuing operations $ 631 $ 1.40 $ 525 $ 1.16
Net cash provided from discontinued operations $ 39 $ 0.09 $ 138 $ 0.31
GAAP net cash from operations $ 670 $ (0.63) $ 663 $ 1.47
February 25, 2008 Slide 14