Newmont Mining Mining News

Newmont's cost-cutting, production plans: 'We've only just begun'

With seven greenfield projects Denver gold miner on track to increase global share of gold production to 5%.

Newmont raises output target for 2018, lowers expected costs

The world’s No.2 gold miner is also planning to boost dividend by at least 50% next year, based on balance sheet improvements and the performance of its gold mines.

Barrick shares crater as Tanzania troubles grow

Disappointed shareholders sink Barrick Gold shares 7.6% after $300m settlement with east African country over export ban is labelled a "downpayment".

Investors pile into Peru’s $2 billion Michiquillay copper project

Companies have until Nov. 2 to sign up for the auction and the winner will be announced on Dec. 20

Giant Peru copper project attracts first bidder

Peru is auctioning off the $2 billion Michiquillay copper project in the northern region of Cajamarca on November 15.

Peruvian farmer sues Newmont in US court over alleged use of violence, threats

Acuña and her family claim the company used violence and threats to try to evict her from her home and so make way for its $5 billion gold and copper Conga project.

Newmont begins production at Tanami expansion project in Australia

Company expects to increase gold production at Tanami by 80,000 ounces annually, reaching between 425,000-475,000 ounces a year.

Peru to auction $2 billion Michiquillay copper project in November

The massive project is expected to process close to 80,000 tonnes of copper ore a day.

Newmont Mining receives top mining industry safety certification

The National Mining Association (NMA) today recognized Newmont Mining Corporation for receiving independent certification under its CORESafety® system.

Peruvian Supreme Court rules against Newmont

The Supreme Court of Peru has ruled in favour of a farmer that Newmont Mining (NYSE:NEM) claimed was illegally occupying land it wanted to develop into the Congo mine.

Gold stocks sell off – Barrick drops 11%

Gold price under pressure.

Newmont gets fresh shot at top gold miner spot

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 reshuffles management in Australia

Newmont Mining Corporation has appointed experienced miner Alex Bates to lead the company’s business in Australia.

Beyond the Mine: Newmont publishes 2016 Sustainability Report

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 launches new interactive site featuring gold mining processes and phases

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.

INTERACTIVE: Top 10 gold mining companies

The 10 largest gold mining companies produce 30% of the world's gold and enjoy some of the sector's fattest margins.

Newmont piles into Yukon with USD$39.5 million earn-in agreement

U.S. gold producer Newmont Mining (NYSE:NEM) has joined the race to develop a new mine in the Canadian Yukon territory.

Gold price at 1-month low brings more pain for mining stocks

As 2017 gold price rally begins to look shaky, top listed gold producers are being punished disproportionately.

World's top 10 gold mining companies – 2016

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.

Gold price correction sinks mining stocks

Heavy losses across the board – Barrick down 4.6% in massive volumes and second tier Canadian miners hardest hit.

Newmont open to new partner to expand Yanacocha gold mine in Peru

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

Top 10 lowest cost gold mines make money if 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.