Tanami

Mining companies big and small are joining forces and digging into the underexplored regions of northern Australia.

Newmont Goldcorp has awarded a $6 million construction contract to Valmec for the second expansion project it has proposed at the Tanami gold mine in the Northern Territory.

Newmont Exploration has struck a $14.5 million joint venture agreement with WA-based Prodigy Gold over the Tobruk project in the Northern Territory.

Swick Mining Services has considerably boosted its order book due to several new tender outcomes and contracts both in Australia and internationally.

Newcrest Mining’s exploration programs with Encounter Resources received a boost today as the company announced it will sole fund programs across the Tanami and West Arunta gold regions in Western Australia.

Newmont Mining has completed its $US245 million (346 million) Tanami power project in the Northern Territory on schedule, coinciding with Tanami pouring its 10 millionth ounce of gold.

Newcrest Mining has significantly expanded its joint venture (JV) tenure with Encounter Resources by securing a large exploration tenure in Western Australia. 

Barrick Gold’s hostile $US18 billion ($24.8 billion) takeover offer for Newmont Mining has hit its first hurdle after being unanimously rejected by the target.

Barrick Gold has officially unveiled an offer to merge with Newmont Mining after several days of anticipation it would make a tilt for the gold rival.

The Canadian company has reviewed the opportunity to merge with the United States-based Newmont in an all-share, nil premium transaction.

WorleyParsons has won a contract from Newmont Mining for engineering, procurement and construction management (EPCM) services at the Tanami gold mine in the Northern Territory.

Newmont Mining has secured a $US10 billion ($13.9 billion) acquisition of Goldcorp in a deal that will form a world-leading gold producer.

Newmont Mining expects to produce 1.5 million ounces of gold in Australia in 2019 due to lower mining rates at the Super Pit and continued stripping at Boddington in Western Australia.

Encounter Resources has received seven new exploration licences in the Tanami gold province in Western Australia as part of its joint venture (JV) agreement with Newcrest Mining.

Newmont Mining has been named leader of the metals and mining industry by the Dow Jones Sustainability World Index (DJSI World) for the fourth consecutive year.

Australian gold output neared record highs during the 2017–2018 financial year, totalling 310 tonnes, or just under 10 million ounces (Moz). It is the highest output since the 1997–1998 financial year.

Newmont Mining will form a joint venture with Nova Minerals at the Officer Hill gold project in the Tanami region, Northern Territory.

Newcrest Mining has extended its project generation alliance with Encounter Resources by 12 months.

Newcrest Mining and ABM Resources will together advance exploration of the Euro gold project in the Tanami in Northern Territory after signing an agreement.

Newcrest Mining and Encounter Resources have formed a series of exploration joint ventures in Western Australia as a result of a project generation alliance established between the companies last year.