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Gold miner Discovery Silver said on Monday it would acquire its peer Newmont's stake in Porcupine Operations in Ontario, Canada, for $425 million. Newmont, after buying Australia-based Newcrest ...
The Newmont Corporation bought Canadian mining company, Goldcorp in 2019 for USD $10 billion. In 2023, Newmont acquired Newcrest mining for USD $16.8 billion. Newmont has approximately 31,600 [5] employees and contractors worldwide, and is the only gold company in the S&P 500 stock market index.
Newcrest Mining Limited is an Australian-based corporation which engages in the exploration, development, mining and sale of gold and the froth flotation product, gold-copper concentrate. [2] It is Australia's leading gold mining company and its operations have expanded beyond Australia, for example Indonesia , thus becoming a prominent ...
Newmont Corporation (NYSE:NEM) plans to sell its Porcupine operation in Ontario, Canada, to Discovery Silver Corp. (OTC:DSVSF) for up to $425 million. The agreement includes $200 million in cash ...
In 1990, a merger between BHP Gold and Newmont resulted in the creation of Newcrest, with ownership of the Telfer Mine now lying with Newcrest. [ 11 ] [ 12 ] The Telfer gold mine was expanded in 1991, [ 13 ] and in June 1995, the mine reserves were 118.2 tonnes (3.8 million troy ounces), with resources at 227.1 tonnes (7.3 million troy ounces).
The world's largest gold miner had set a target of more than $2 billion in such sales following its $17 billion purchase of Newcrest. Orla Mining to buy Newmont's Ontario mine in $850 million deal ...
In 2013 Goldcorp, Newmont, Newcrest, Kinross, AngloGold, and Eldorado produced more gold than the previous year. In 2012 it was Yamana, Kinross, and Polyus Gold that produced more. In 2011 it was Newmont, Newcrest, Kinross and Eldorado. November 8, 2012 – Goldcorp (+3.5%) overtakes Barrick Gold (-25%) in market value.
Readers hoping to buy Newcrest Mining Limited ( ASX:NCM ) for its dividend will need to make their move shortly, as the...