Newmont Mining Mining News

10 mines still making good money if the gold price falls 50%

The top 10 ranking of the lowest all-in cost gold mines in the world – former US president Herbert Hoover was once in charge of no. 8 on the list.

Gold miners hammered by metal’s biggest one-day loss this month

Shares in most gold miners fell Monday as the precious metal price dropped more than 1% in early trading and was steadily heading to its largest single-session loss of the month.

Newmont becomes signatory to WEF’s Compact for Responsive and Responsible Leadership

The Compact is sponsored by the International Business Council of the WEF and commits signatory businesses and their boards of directors to creating a corporate governance framework with a focus on the long-term sustainability of corporations and the long-term goals of society.

Newmont recognized for top sustainability performance – and largest improvements – in global mining sector

Recognition builds on ranking as mining industry’s overall sustainability leader in 2015 and 2016.

Newmont facing up to $1.2B impairment charge due to upcoming Yanacocha closure 

As every mining company knows, closing a mine can be costly, especially one the size of Newmont's (NYSE:NEM) Yanacocha in Peru.

Gold price slump puts Barrick’s Super Pit deal with Minjar at risk

The Chinese miner is also having a hard time trying to convince Western lenders of financing part of the deal.

Aussie gold miner with Chinese parent company looking to buy half of Kalgoorlie

Barrick Gold's (NYSE,TSX:ABX) quest to find a buyer of the Kalgoorlie "Super Pit" has taken another intriguing turn.

Newmont pours first gold at Long Canyon in Nevada

Commercial production of 100,000–150,000 ounces per year at all-in costs below $600 starts next week.

Gold stocks are soaring and we don’t need to tell you why

While gold is giving back some of its largest gains following Trump's win in the US Presidential election, miners of the precious metals continue to climb.

The world's hardest working gold mines

Ten gold mines that timed the gold price rally to perfection – Barrick owns four of them.

Deal to snatch gold mining crown eluding Newmont

Barrick says sale talks are "robust" but with strongest pipeline in gold mining Denver-based Newmont may soon become globe's top producer anyway.

CEO Gary Goldberg dishes on Newmont Mining's aggressive investment program

"I'm a mining engineer so I always like to see the equipment. That's always fun to get out and see, and especially how technology is being applied."

Newmont begins production at its Suriname gold mine

Merian gold mine was completed on time and more than $150 million — about 20% — below its initial capital budget.

Newmont responds to independent report on land dispute in Peru

The complex land dispute between members of the Chaupe family and Yanacocha remains a concern for Newmont, the company said.

Newmont’s own investigation shows it violated international standards, and its own

Denver-based Newmont Mining “prioritized eviction and litigation over dialogue” in its fight to acquire Goldman Prize winner Máxima Chaupe’s land in Peru.

Giant arctic gold mine takes one step closer

Amended impact review for TMAC's 3.2 million ounce Hope Bay project in Canada's Nunavut territory completed.

Newmont's aggressive expansion plans

One million ounces at all-in cost below $700 by mid-2017.

Newmont ranked mining industry leader by Dow Jones Sustainability World Index for second year in a row

Newmont was the first gold company named to the index in 2007, and has been included on the DJSI North America Index every year since 2006.

Three large miners that are still inexpensive

There are some positives.

Foreign miners pull up stakes in Indonesia

Newmont Mining’s exit after more than 30 years illustrates mining companies’ growing difficulties there.

This deal will make Newmont the world's top gold miner

Barrick's off-loading half of the Kalgoorlie Super Pit and Newmont, its partner and operator of the iconic Aussie mine, would be the natural buyer.

Newmont shares bounce back after results

World's number two gold producer's second quarter results ticks all the boxes as it throws off $486 million in free cash in its second quarter.

Newmont selling Indonesian unit for $1.3 billion

With the sale, Newmont is offloading its Batu Hijau mine, Indonesia’s the second-biggest copper and gold operation.

Latin America the world’s most dangerous place for environmental activists

More environmentalists were murdered in Latin America in 2015 than anywhere else in the world, with anti-mining causes claiming the most lives, a report by Global Witness shows.

Gold supply to drop by 7 pct by 2021 – Newmont CEO

"We are one of the few who are building."