Newmont has significantly reduced greenhouse gas emissions across its operations, with the company’s 2019 sustainability report showing that it has almost fulfilled this year’s targets.
Newmont has formed a partnership with the University of Queensland and the Australian National University to study the role and effectiveness of independent inquiries in the mining industry.
Valmec has secured a contract with Newmont for the Tanami gold mine’s stage two expansion project in the Northern Territory.
Newmont has reported a more than ninefold rise in earnings in the first quarter of this year, a period that included a number of activities that impacted its Australian operations.
With an influx of automation technology entering the mining industry, companies continue to look for ways to take advantage of the latest gadgets. And as the coronavirus causes ripple-effects across the country’s workforce, automation could prove to be a saving grace.
Evolution Mining has finalised its acquisition of the Red Lake gold mine in Ontario, Canada from Newmont for a total consideration of $US375 million ($612 million).
Newmont has withdrawn its 2020 full year guidance as some production could be deferred into 2021.
AngloGold Ashanti has extended its contract for K2fly’s reporting software application for three additional years.
Newmont has signed a contract worth almost $1 million with K2fly for a resource governance solution in gold mine operations.
BHP has retained its position as the world’s most valuable mining, iron and steel brand, according to the latest report by Brand Finance.
Australian gold production reached an all-time record of 325 tonnes last year, with a particularly outstanding December quarter, according to Surbiton Associates.
Newmont has approved a $US150 million ($227 million) investment in a Caterpillar autonomous haulage system (AHS) at the Boddington gold mine in Western Australia.
Newmont has achieved the largest gold mineral reserves in the company’s history, thanks to expansion at its Australian operations.
For many years mining companies have been urged to improve how they collaborate in the industry and their supply chain through joint ventures and partnerships.
As Newmont prepares to celebrate its centenary year in May this year, the company has refreshed its brand, name and logo.
Northern Star Resources has secured $765 million from shareholders to help fund its $US800 million ($1.17 billion) acquisition of Newmont Goldcorp’s share in Kalgoorlie Consolidated Gold Mines (KCGM).
Australia’s gold mine output in the September quarter declined by five per cent to 78 tonnes, according to Melbourne-based mining experts, Surbiton Associates.
Swick Mining Services will raise $15 million to support the company’s growth opportunities.
At the annual Denver Gold Forum, incoming chief executive officer Tom Palmer expressed optimism about the future of Newmont Goldcorp.
Barrick Gold has flagged a significant gold discovery that could deliver at least one more Tier 1 gold mine at its Goldrush-Fourmile project in Nevada.