Australian gold production fell by 10 tonnes, or 12 per cent from the previous quarter during the March period, according to gold consultants Surbiton Associates.
Valmec has secured a contract with Newmont for the Tanami gold mine’s stage two expansion project in the Northern Territory.
Newmont has achieved the largest gold mineral reserves in the company’s history, thanks to expansion at its Australian operations.
Joint venture partners Newcrest Mining and Encounter Resources have confirmed the presence of near-surface gold at their exploration projects in Tanami, Western Australia.
Stay on top of the most popular stories on Australian Mining over the past week, including a security concern that has slowed operations for Rio Tinto in South Africa.
Newmont Goldcorp is set to contribute 1.5 million ounces of production from its Australian operations next year.
Joint venture (JV) partners Newcrest Mining and Encounter Resources have completed the first phase of RC drilling at Hutch’s Find in the Tanami region of Western Australia.
Newmont Goldcorp has approved to move the second expansion project at the Tanami gold mine in the Northern Territory into the execution phase.
Newcrest Mining and Encounter Resources have begun drilling at the Hutch’s Find prospect in the Tanami region of Western Australia.
Newcrest Mining and Encounter Resources have gained grounds in their series of joint ventures (JV) in Western Australia, which are sole funded by Newcrest.
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.