Search results
Results from the WOW.Com Content Network
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.
The mine is underground and is owned and operated by Newmont. [3] In 2020, the mine produced an output of 347,743 ounces of gold and 472,163 ounces of silver. [1] As of January 2020, the proven and probable reserves of the mine were 4.2 million ounces of gold and 30.1 million ounces of silver. [1]
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 ...
The deal will enable Newmont to generate up to $2.9 billion in gross proceeds from non-core divestitures. The world's largest gold miner had set a target of more than $2 billion in such sales ...
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).
Newmont's (NEM) acquisition of the Buenaventura and Sumitomo ownership positions is aligned with its district consolidation strategy. Newmont (NEM) to Acquire Remaining 5% Stake in Yanacocha for ...