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Newmont Corporation is an American gold mining company based in Greenwood Village, Colorado.It is the world's largest gold mining corporation. [2] Incorporated in 1921, it owns gold mines in the United States, Canada, Mexico, the Dominican Republic, Australia, Ghana, Argentina, Peru, and Suriname. [3]
In 2012, Newmont Mining placed the Hope Bay Mine project on care and maintenance while seeking a buyer. In March 2013, TMAC Resources purchased Hope Bay. [6] TMAC Resources began producing gold in early 2017 from its property here. [5] In 2020, the TMAC Resources property was acquired for CAD$230 million by Shandong Gold Mining, [7] a Chinese ...
The richest gold mine in Colorado history, [1] it is the only remaining significant producer of gold in the state, and produced 322,000 troy ounces of gold in 2019, and reported 3.45 million troy ounces of Proven and Probable Reserves as at December 31, 2019.
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 ...
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 ...
The deal will enable Newmont to generate up to $2.9 billion in gross proceeds from non-core divestitures. ... -Orla Mining will buy the Musselwhite Gold Mine in Ontario from Newmont in a deal ...
Dome Mine is situated in the City of Timmins, Ontario, Canada; and was developed during the Porcupine Gold Rush. [1] Last operated by Canadian company Goldcorp, before it became a subsidiary of American company Newmont, it is one of three mines (along with Hoyle Pond underground and Hollinger Open Pit, both still active) owned by Newmont in the Porcupine district in and around Timmins.
The Brucejack mine is a Canadian gold and silver mine located 65 kilometres (40 mi) north of the District of Stewart in British Columbia. 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]