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.
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 mine has changed ownership throughout its life due to corporate acquisitions. The original owner, Pretium Resources, was acquired by Newcrest Mining on March 9, 2022. [7] In 2023, an American mining company, Newmont, acquired Newcrest, and gained the Brucejack mine. [8]
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 ...
The transaction, the biggest ever takeover in the gold sector according to Refinitiv, follows Barrick Gold Corp's agreement in September to buy Randgold Resources Ltd in a deal valued at $6.1 billion.
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).
For premium support please call: 800-290-4726 more ways to reach us