Gold price under pressure.
Newmont Mining Mining News
Chinese back out of $1.5 billion deal for Barrick's Kalgoorlie stake – JV partner Newmont has long expressed interest in acquiring half of Super Pit.
Newmont Mining Corporation has appointed experienced miner Alex Bates to lead the company’s business in Australia.
Newmont Mining Corporation today published Beyond the Mine, the Company’s annual report on its progress toward achieving its purpose – to create value and improve lives through sustainable and responsible mining.
Newmont Mining Corporation has launched an interactive microsite, featuring the activities and processes that make up each stage in the life of a modern-day gold mine.
The 10 largest gold mining companies produce 30% of the world's gold and enjoy some of the sector's fattest margins.
U.S. gold producer Newmont Mining (NYSE:NEM) has joined the race to develop a new mine in the Canadian Yukon territory.
As 2017 gold price rally begins to look shaky, top listed gold producers are being punished disproportionately.
Only three of the world's largest gold producers managed to lift output in 2016 – Barrick loses 600,000 ounces of annual production but slashes costs.
Heavy losses across the board – Barrick down 4.6% in massive volumes and second tier Canadian miners hardest hit.
A potential expansion would allow South America's largest gold mine generate about 200,000 ounces of the precious metal per year between 2020 and 2025
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.
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.
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.
As every mining company knows, closing a mine can be costly, especially one the size of Newmont's (NYSE:NEM) Yanacocha in Peru.
The Chinese miner is also having a hard time trying to convince Western lenders of financing part of the deal.
Barrick Gold's (NYSE,TSX:ABX) quest to find a buyer of the Kalgoorlie "Super Pit" has taken another intriguing turn.
Commercial production of 100,000–150,000 ounces per year at all-in costs below $600 starts next week.
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.
Ten gold mines that timed the gold price rally to perfection – Barrick owns four of them.
Barrick says sale talks are "robust" but with strongest pipeline in gold mining Denver-based Newmont may soon become globe's top producer anyway.
"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."
Merian gold mine was completed on time and more than $150 million — about 20% — below its initial capital budget.
The complex land dispute between members of the Chaupe family and Yanacocha remains a concern for Newmont, the company said.