Newcrest Mining Mining News

SolGold in talks to finance long-life Ecuador copper project

Ecuador has attracted a flurry of interest from big miners eager to increase their exposure to copper.

US, allies propose financing for power plant for Papua New Guinea gold mine

The Wafi-Golpu mine in Papua New Guinea is considered one of the world's largest untapped gold resources.

Australia's Newcrest Mining posts 8% rise in Q3 gold output

Total gold production for the three months ended March 31 came in at 623,124 ounces compared with 575,791 ounces a year ago.

Investors with $10 trillion in assets pressure miners over tailings safety

The move is aimed at providing a tool for institutional investors to assess the risk from their holdings in mining companies.

Newcrest to fund broad gold exploration in Western Australia

Australia’s largest gold producer has been searching for juniors with appealing assets in Western Australia's Paterson region to jointly develop them.

UNEP, ethical investors join miners' quest for global tailings rules

Currently there are no set of universal rules defining exactly what a tailings dam is, how to build one and how to care for it after it is decommissioned.

BHP steps up efforts to win battle for Ecuador’s copper riches

The world’s largest miner has signed an earn-in and joint venture deal with Canada’s Luminex Resources over the Tarqui copper project.

Imperial Metals pulls ‘a rabbit out of the hat’ with Red Chris deal

Investors ‘flabbergasted’ at $1.1b stake taken in Red Chris mine by Australia’s Newcrest.

CIBC upgrades Imperial Metals with Newcrest investment in Red Chris

The bank has upgraded Imperial Metals to a neutral rating from underperformer and lifted its 12-18 month target price on the stock.

Newcrest inks $65-million JV deal with Greatland Gold

The joint venture will focus on advancing the London-based explorer’s Havieron project in Western Australia's prolific Paterson region.

Newcrest grabs majority stake in Canadian copper-gold mine

Australia’s largest gold producer is paying $806.5 million for a 70% stake in Imperial Metals’ Red Chris copper and gold mine, located in British Columbia.

Barrick open to discuss joint venture in Nevada with Newmont

Chief executive Mark Bristow will discuss a potential JV with rival Newmont only if his company runs the operation.

Australia’s gold production hits new record high

The country's gold production hit an all-time high of 317 tonnes in 2018, breaking the previous record of 314.5 tonnes, which stood for 21 years.

Newmont rejects $18B hostile bid by Barrick, releases private messages

The US mining giant also fired back with a deal that seeks merging operations in the state of Nevada.

Brazil’s deadly dam collapse pushes miners to set global rules for tailings

The International Council on Mining and Metals (ICMM), a London-based industry group representing 27 companies, is setting an independent panel of experts to develope a global standard for tailings facilities to be enforced to its members.

Barrick-Newmont merger would leave up to $7B of assets up for grabs

The portfolio would include their Kalgoorlie super pit 50/50 joint-venture in Western Australia, as well as other regional assets such as Porgera, Tanami and Boddington mines.

Newcrest ups stake in Ecuador with Cornerstone deal

Australia’s largest gold producer has signed an option and farm-in agreement with Toronto-listed Cornerstone Capital Resources over two early stage projects in Ecuador.

Newcrest Mining H1 profit surges 104% on strong gold production

The rise was buoyed by an increase in gold production and lower cost of mining.

Newcrest sells Côte d’Ivoire project to Canada’s Roxgold in $30 million deal

Roxgold believes the project has near-term development potential due to its Antenna deposit, which hosts an inferred resource of 5.8 million tonnes.

Gold miners get their mojo back as giant deals revive allure

After years on the sidelines, gold producers are suddenly the mining world’s hottest topic as the industry gathers in Cape Town this week.

Ecuador’s rising opposition to mining may thwart exploration boom

As mining projects face headwinds from rising tensions, investors' courage will be tested, says Fitch Solutions Macro Research, which could hinder Ecuador’s plan to attract $4 billion to the sector by 2021.

Australia's top gold miner boosts bet on Ecuador copper project

Newcrest Mining has upped its holdings in Ecuador-focused explorer SolGold to 15.33% from 13.83%, nudging further ahead of the company's second biggest shareholder BHP.

Newcrest expands footprint in Chile with two gold deals

The Australian major has signed option and farm-in agreements for Cornerstone Capital Resources’ Miocene and Mirasol Mining's Gorbea properties, all of them in northern Chile.

Rio Tinto leads copper charge into Western Australia's Paterson region

Rio's interest in the area has sparked a stampede into adjacent lots by other explorers, who see Rio's aggressive activity as an indicator of a highly promising find.

Australia's Newcrest mining Q1 gold output rises 5%

Despite 5% rise in output, Newcrests stock has fallen more than 9% this year.