Newmont Mining Mining News

Newmont updates gold and copper outlook for 2019 and 2020

Looking ahead, he continued, the company is executing three projects that will be completed before the end of 2019.

Newmont’s Subika underground in Ghana starts commercial production

The mine is 307 km northwest of the nation’s capital of Accra, and is situated along the Sefwi Volcanic Belt, a northeast-southwest trending volcanic belt in western Ghana.

Gold production to grow in the next four years: report

According to Fitch Solutions, slightly higher prices and stronger company financial positions are encouraging greater mine investment.

Maverix Metals raises guidance for 2018

Maverix Metals expects to exceed its previously announced guidance for the year of 18,000 to 19,000 gold-equivalent ounces.

Newmont profit falls, promotes COO to President

Falling gold and copper prices hurt the miner's results for the three months to Sep. 30.

Newmont’s Merian mine hits 1 million ounce milestone

Merian has an estimated mine life of 15 years and is exploring on other parts of the property.

These ten mines will make money – even if gold price falls to $550

Nevada gold mines keep "rocking the boat."

Barrick-Randgold deal breathes new life into gold

Toronto-based Barrick announced it would purchase Randgold for a spectacular $6 billion.

Newmont's CEO rejects talk of bids for Barrick, Randgold

Chief Executive Officer Gary Goldberg said while not interested in the entire companies, he would interested in buying Barrick’s half of their shared Kalgoorlie mine in Australia, which Newmont operates.

Newmont to extend footprint in Colombia with Lyra gold project deal

The US miner will eventually have to invest a minimum of $3 million in Miranda Gold's Lyra project to be granted a 51% stake on it.

Here’s how much global equity funds are allocating to gold stocks

(FAANG) Facebook, Amazon, Apple, Netflix, and Google vs (BANNG) Barrick Gold, Agnico Eagle, Newmont Mining, Newcrest Mining, and Goldcorp.

RenGold, Newmont expand Nevada project

They want to grow the Ecru Project, located in Lander County.

Newmont drops $275 million on northern BC project

Golden Triangle.

Newmont trades up on earnings beat

Going up.

Caterpillar and Newmont team up on underground vehicle automation

Newmont Mining is the largest user of Cat underground vehicle automation technology in the western hemisphere.

Newmont's Twin Creeks achieves commercial production

All-in sustaining costs of between $650 and $750 per ounce.

Workers protest at Newmont Ghana’s operation

The US-based miner, however, cannot directly negotiate wages and other benefits with its subcontractor’s employees.

Newmont sells stake in Yanacocha gold mine to Japan’s Sumitomo for $48 million

Sumitomo’s move comes as Japanese trading companies have been grabbing assets and increasing their stakes on a few of them thanks higher commodities prices, which have boosted their profits.

Top gold stock shows cash obsession is what investors want

Buenaventura’s U.S. shares have surged 63 percent in the past two years, the most among peers.

Newmont sells its royalty portfolio to Maverix Metals for $17 million, stake in the junior

Other than cash sum, the US miner is receiving 60 million Maverix common shares, representing a 28% stake in the Canadian company and warrants for an additional 10 million common shares.

Newmont profit soars on higher gold prices, claims top bullion miner title

Despite seeing gold output decline by 2%, Newmont claimed the title of world’s biggest bullion producer as it surpassed rival Barrick by 16,000 ounces in the first three months of the year.

Barrick chairman Thornton boosts ownership with major share buy

The boss of the world's top gold miner has bought 306,000 additional shares in the company.

Barrick moves forward with plan to make every employee an owner

The gold miner’s employees will receive this year 90 shares each, taking the total held by staff to more than 1.5 million shares.

Newmont’s Gary Goldberg honored for contributions to mining safety, value creation and sustainability

The award was presented by the American Institute of Mining, Metallurgical, and Petroleum Engineers (AIME) during the 2018 Society for Mining, Metallurgy & Exploration conference.

The world's top 10 largest gold mining companies – 2017

Rough year shuffles ranks of global gold mining giants as Freeport makes a comeback – 2018 forecasts point to another tumultuous year.