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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.
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 ...
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).
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 ...
Goldcorp Inc. was a gold production company headquartered in Vancouver, British Columbia, Canada.The company stood among the largest gold producers in the world, employed about 15,800 people worldwide, [4] engaged in gold mining and related activities including exploration, extraction, processing and reclamation.
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