"We successfully completed two historic transactions in 2019, which have transformed Newmont into a truly international organisation with an unmatched portfolio of assets and prospects in top-tier jurisdictions around the world. As this company has done many times in the past, Newmont has demonstrated its ability to adapt to change, which is truly a hallmark of our success over the last 100 years. Updating our brand represents a natural step as we approach the next 100 years in Newmont's long and proud legacy of operating discipline, profitable growth, environmental stewardship, and developing the industry's best talent," said president and CEO Tom Palmer.

The updated Newmont logo uses the gold triangle from the previous logo which represents the apex of the industry and the pinnacle of leadership. The company celebrates its 100th anniversary in May.

The company also said it planned to increase its dividend by 79% to US$1 per share, effective upon approval and declaration of its first-quarter dividend in April 2020.

Shares in Newmont are trading at US$42.83, valuing the company at $35.1 billion.