Close the sale of the entity holding Batu Hijau deferred payment rights
Delivered by the deadline
AI-assessed · human review in progress Found and assessed by AI from the cited sources. Shown with its evidence; it is not counted in any Kept Score until confirmed.
- Announced
- 24 Jul 2024
- Due
- 30 Sep 2024
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“closing to occur no later than September 30, 2024”
What we found
Evidence strength A What the grades mean
Newmont confirmed in its 2024 10-K filing that it completed the monetization of its Batu Hijau contingent payments, indicating the commitment was fulfilled.
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A Newmont 10-K filed 2025-02-21
“proceeds were also received from the completed sale of investments, including the sale of the Lundin Gold stream credit facility and offtake agreement, and the monetization of Newmont's Batu Hijau contingent payments.” ✓ confirmed on the page
Market reaction: the shares moved -8.1% against the S&P 500 over the three sessions around the disclosure (20 Feb 2025 to 25 Feb 2025). What this measures
Checked 19 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- Sale of entity holding Batu Hijau deferred payment rights
- Where
- Indonesia
- In the company’s control
- High
- Specificity
- High
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: disagreesClaude (Anthropic) re-read the evidence blind and read it as “no_evidence”.
- Tie-breakA stronger model read the evidence and both earlier answers, without knowing which was recorded, and agrees with the second check.
Not yet confirmed. Shown on the record, but it will not count in any score until it is confirmed. How verification works
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Report an error in this entry Reference: KI-C-2024-NEM-015272 · Corrections policy