Summary
This filing is an amendment to a previous 8-K report, specifically addressing an error in Newmont Mining Corporation's disclosed financial results and operational outlook for the second quarter of 2014. The primary correction pertains to the total attributable copper production outlook for the full year 2014. While site-level production estimates for the Batu Hijau mine were correctly revised downwards, this reduction was not accurately reflected in the consolidated total outlook. Investors should note that the previously reported 2014 total attributable copper production outlook range of 90 to 100 thousand tonnes has been revised to a lower range of 55 to 80 thousand tonnes. All other financial results and outlooks previously disclosed in the July 29, 2014, news release remain as reported. The company reiterates its cautionary statement regarding forward-looking statements, highlighting the inherent risks and uncertainties in the mining industry that could affect actual results.
Key Highlights
- 1Amendment to previously filed 8-K dated July 29, 2014, correcting an error.
- 2Correction specifically targets the total attributable copper production outlook for 2014.
- 3The Batu Hijau mine's site-level copper production estimate was correctly reduced, but this was not reflected in the consolidated total.
- 4Revised 2014 total attributable copper production outlook is now 55 to 80 thousand tonnes (previously 90 to 100 thousand tonnes).
- 5All other financial results and outlooks for Q2 2014 remain unchanged from the original report.
- 6The filing includes a cautionary statement about forward-looking statements and associated risks.