By Chris Wack

Newmont Mining Corp. (NEM) on Monday said its board of directors declared a one-time special dividend of 88 cents a share, conditional upon approval of the Goldcorp Inc. (GG) transaction.

The Denver-based gold and copper producer said in a release that the dividend will be paid to Newmont shareholders of record as of April 17, which is before the closing of the proposed Newmont-Goldcorp combination.

Newmont Mining also said that its purchase of Goldcorp was approved in Mexico, without conditions.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

March 25, 2019 08:21 ET (12:21 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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