Newmont Mining Corporation
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RANKED: World’s top 10 biggest gold mines
Despite being adversely affected by the Covid-19 pandemic, global gold production still surpassed 100 million ounces in 2020 and is expected to bounce back this year as economies continue to recover and miners ramp up operations. To see which mining…
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COVID-19: Coronavirus impacts spread across mining sector
As the world seemingly moves into lockdown to halt the transmission of the novel COVID-19 virus, the uncertainty and restrictions on movement are taking a toll on markets and commodities. After initially benefiting from uncertainty around the virus and peaking…
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Newmont details its approach to water stewardship
A Q&A with Newmont’s director of environmental affairs, Briana Gunn
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GOLD: BCI opposes Goldcorp’s US$12 million retirement bonus for Ian Telfer
BRITISH COLUMBIA – British Columbia Investment Management Corp. says it will vote against the proposed merger of Goldcorp and Newmont Mining due to Goldcorp’s decision to award its chairman, Ian Telfer, a US$12 million retirement allowance. BCI, which provides investment management services to…
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EDITORIAL: Barrick, Newmont settle on Nevada JV
Much has been speculated about mergers among gold producers since Barrick Gold announced the takeover of Randgold Resources last September. The $6-billion Barrick-Randgold deal came together without a hitch and was finalized on Jan. 2, 2019, making Barrick once again…
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GOLD: Barrick proposes all-share buyout of Newmont
TORONTO – A subject of speculation last week, the takeover of Newmont Mining by Barrick Gold is now out in the open. That would make Barrick the world’s largest gold producer by far. Barrick is offering an at market exchange…
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MINING PEOPLE: Newmont, Granada Gold, Maritime, and Pan Global
Newmont Mining Corp. of Denver, Colo., has chosen Rob Atkinson to succeed Tom Palmer as executive VP and COO effective June 1. Palmer, the current president and COO, will retain the title of president until he succeeds Gary Goldberg as…
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GOLD: Newmont to pay $10B for Goldcorp, creates world’s leading gold miner
Denver-based Newmont Mining Corp. and Goldcorp of Vancouver announced plans on Jan. 14 to merge, creating the world’s leading gold producer. When the US$10 billion (all figures U.S. dollars) deal closes, a new company, Newmont Goldcorp, will be created. Newmont…
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GOLD: Newmont’s Subika underground starts commercial production in Ghana
GHANA – Newmont Mining’s Ahafo mine in Ghana started producing gold from an open pit in 2006 and now the underground portion of the mine has launched commercial production on schedule and within budget. Starting next year, Subika underground will…
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GOLD: Barrick, Newmont said to be in talks to merge Nevada operations
NEVADA – Canada’s Barrick Gold, which last month announced it was buying Randgold Resources in a $6.1-billion deal, is said to have resumed talks with rival Newmont Mining aimed at merging their gold operations in Nevada. “They have been trying to negotiate…
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GOLD: Newmont’s Merian mine hits 1 million ounce milestone
SURINAME – Two years after commercial production began in October 2016, Newmont Mining’s Merian mine in Suriname has poured one million ounces of gold. Newmont Suriname – a subsidiary of the Colorado-based company – owns 75% of the mine and Suriname’s…
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GOLD: Donlin has key permits, NovaGold sells Galore Creek share
ALASKA – Vancouver-based NovaGold Resources says the Donlin gold project 450 km northwest of Anchorage has received the record of decision and all the key federal and state permits needed to move forward. NovaGold and 50% partner Barrick Gold of…
