Newmont Corporation has finalized its acquisition of Newcrest Mining Limited, positioning itself as the world’s preeminent gold company with a strong side offering in copper production. The deal’s implied equity value of Newcrest stands at A$26.2 billion, including dividends, marking a notable transaction in the mining sector. The completion of this deal places Newmont at […]
Tanami Expansion 2 project : Newmont Goldcorp is set to increase its gold production in Australia after its board of directors approved the second expansion of the Tanami gold mine in the Northern Territory, as per the latest mining industry news. The Tanami gold mine is located 590 miles southwest of Darwin and 350 miles […]
Newmont Goldcorp has started commercial production from the expanded Ahafo Mill in Ghana which processes ore produced from the Ahafo gold mine in Ghana. The Ahafo Mill expansion project was wrapped up on schedule and within the budget of around $175 million, said the gold mining giant. The mill expansion project has been carried out […]