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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 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 ...
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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 ...
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.
Shares of gold miner Newmont (NYSE: NEM) fell 14.7% on Thursday after the company reported third-quarter 2024 results. The sell-off may seem strange, given gold prices are still hovering around an ...