At 9 a.m. local time on July 2, 2016, a huge press conference was held at Newmont Mining's headquarters in Greenwood Village, south of Denver, the capital of Colorado.

At this time, the news hall with an area of more than 300 square meters has been filled with reporters from major media outlets around the world, and in the middle of the north side of the hall, there is a long table, including Newmont Mining CEO Gary Brown. Goldberg, Executive Vice President and Chief Financial Officer, Laurie. Baras, Executive Vice President and Director of Strategy & Corporate Development, Randy Brown. Engel and other senior executives of Newmont Mining were all present.

Of course, those media reporters found out among these executives that Newmont Mining's founding family, the current core figure of the Thompson family, and Newmont Mining's largest shareholder, Gorman. Mr. Thompson. Just, sitting in Gorman. The young man next to Thompson was a confusing group of reporters.

As early as three days ago, Newmont Mining sent out invitations to major global media outlets, saying that a press conference would be held on the morning of July 2, and important information would be announced. As the world's second largest gold producer, Newmont Mining's appeal is naturally very strong, and today, including the Associated Press, BBC, NBC, Reuters, Agence France-Presse, RIA Novosti and other heavyweight media all sent media elites to participate in Newmont Mining's press conference, and even several important media on the other side of the ocean also came to the scene.

This battle is not small, but compared to the news that Newmont Mining is about to release, such a battle is nothing.

"Due to the fall in the international gold price and the price of non-ferrous metals in the past two years, it has dealt a catastrophic blow to Newmont Mining's profitability, coupled with some of Newmont Mining's mines outside the United States, which have recently received many human factors to suppress. Therefore, in the spirit of the majority of shareholders and responsible persons, we at Newmont Mining have decided to close all mines except the United States in the early hours of tomorrow morning."

With Newmont Mining's CEO Gary. Goldberg said this, and the entire press center seemed to be dropped into a nuclear bomb, and all the media reporters immediately began to talk.

As the world's second-largest gold producer and a major non-ferrous metals producer, Newmont Mining suddenly made such a big announcement. What's going on here? Of course, there are also some media reporters who specialize in covering the global mining industry, and it is easy to think of the various events that have happened in the global mining industry in the recent period

"Mr. Goldberg, can you elaborate on why Newmont Mining made such a decision?"

"Mr. Goldberg, Newmont Mining has made such a decision, which will be a fatal blow to Newmont Mining's stock price, isn't it that the management is not thinking about this?"

"Mr. Goldberg, Newmont Mining's closure of mines outside the continental United States, is it permanent or temporary"

The media in the audience rushed to ask questions, making the entire press conference hall even more noisy.

The moderator of the press conference knocked on the microphone. The loud noise silenced the voices of the reporters who were asking questions, "Please don't be impatient, when we announce our decision, we will leave time for you to ask questions, and now please abide by the rules, be quiet, be quiet!" ”

After the scene gradually quieted down, Gary. Mr. Goldberg continued to speak with a blank face in his speech. "Newmont Mining's decision to close all mines outside the U.S. is the result of discussions among more than a dozen major shareholders within the company. We are a public company, as long as the company's board of directors makes a decision. Then we're going to have to execute it."

In addition, according to the unanimous decision of the company's board of directors, it was agreed that Tang's Mining would acquire 67% of Newmont Mining's shares in the form of shares and cash, and Tang's Mining promised that after becoming a shareholder of Newmont Mining. We will immediately come up with no less than $5 billion in cash to restructure the industrial structure of Newmont Mining."

At this time, the heads of several TV stations that were broadcasting the news live broadcast issued orders one after another after hearing the news: "What is this Tang Mining for?" Hurry up and find out for me."

"Check the background of Tang's Mining, I want the most specific situation of Tang's Mining"

"Damn it. Quickly find out the details of this Tang Mining for me."

"In addition, in accordance with the agreement reached between Newmont's original board of directors and Tang's Mining, Newmont Mining promises not to voluntarily lay off employees during the closure of all mines outside the United States, and as long as Newmont Mining's employees do not voluntarily resign and do not violate local laws, we will maintain the current number of employees."

With Gary. Godberg released all kinds of information one by one, and the entire press conference room seemed to be like a volcano before the eruption, although it was silent, but it was full of great energy that was about to erupt.

"Okay, now I invite all media reporters to ask questions, each person is limited to one question" When the host of the press conference announced the start of free questions, the entire press conference hall seemed to be a volcano that had finally been freed from its shackles and began to gush violently.

Hands held high, anxious faces, and a noise comparable to that of a Boeing plane taking off suddenly turned this modest press conference hall into a chaotic vegetable market.

The news host clicked on a male reporter with one hand held aloft, and the noise in the press conference room quickly subsided.

"Gary. Hello Mr. Goldberg, I'm Santos, a reporter for the BBC, and I have a question for Mr. Goldberg, what is it that led Newmont Mining to make such a self-destructive decision? ”

"Hehe, self-destructive future? First of all, I want to correct your statement, our Newmont Mining closed the mine outside the United States this time, it is just a strategic adjustment, note that we are only closing the mine, not selling the mine to others, how can this be called self-destructive? As I said earlier, there are two main reasons for the closure of mines outside the United States, one is that the collapse of international gold prices has made it impossible for us to continue to carry out high-cost mining tasks. Of course, there is another reason, that is, our Newmont Mining mines outside the country have recently encountered some small troubles caused by man-made, such as local water and electricity supply problems, but these are small problems, and our staff is solving them. That's the main reason why we're closing our offshore mines. Next! (To be continued.) )