Summary by Moomoo AI
Newmont Corporation is currently involved in several legal proceedings across different jurisdictions. In Australia, Newmont's subsidiary Cadia Holdings faces charges related to air emissions, with a sentencing hearing held on June 21, 2024, and further proceedings adjourned to February 21, 2025. The NSW EPA's investigation into air emissions management is ongoing, with potential penalties to be imposed by the court.In Canada, Newmont is engaged in a legal dispute with Royal Gold over the Holt royalty obligation. International Royalty Corporation, a Royal Gold subsidiary, filed an action seeking $350 million in alleged royalty payments. Newmont's motion for summary judgment was denied on May 27, 2024, and the company intends to vigorously defend this matter.Additionally, Newmont faces challenges in Ghana, where plaintiffs allege unconstitutional...Show More
