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NEM Newmont News Story

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BRIEF-Newmont Reaches Profit Sharing Agreement With Peñasquito Union

July 5 (Reuters) - Newmont Corporation  NEM.N :
    * NEWMONT REACHES PROFIT SHARING AGREEMENT WITH PEÑASQUITO
UNION
    * NEWMONT - HAS REACHED A PROFIT-SHARING AGREEMENT WITH ITS
REPRESENTED WORKFORCE AT COMPANY'S PEÑASQUITO MINE IN ZACATECAS,
MEXICO
    * NEWMONT - NEWMONT PEÑASQUITO WILL PAY ITS REPRESENTED
WORKFORCE
AN UNCAPPED PROFIT-SHARING BONUS UP TO 10%
    * NEWMONT - AGREEMENT SUPPORTS CONTINUED OPERATION OF
PEÑASQUITO
INTO FUTURE
    * NEWMONT - NEWMONT PEÑASQUITO WILL PAY ITS REPRESENTED
WORKFORCE
AN UNCAPPED PROFIT-SHARING BONUS UP TO 10%, WITH  IMMEDIATE COST
EQUIVALENT OF $70 MILLION

Source text for Eikon:  ID:nBw8zgGbma 
Further company coverage:  NEM.N 

 ((Reuters.Briefs@thomsonreuters.com;))

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