Canadian miner Barrick Gold said it would be open to acquiring Newmont’s stake in its Nevada Gold Mines joint venture as Newmont seeks a takeover of Newcrest, reported Reuters. “We can’t see much strategic benefit in just getting big for bigness sake, and we don’t agree with you that it builds a better company with more gravitas,” Barrick Gold CEO…
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Nevada Gold Mines going solar
Barrick Gold-owned and operated Nevada Gold Mines (NGM) has taken the first shovel of dirt from the ground near Dunphy, Nev., for a 200-megawatt, alternating current (MWAC) photovoltaic solar facility that will help to fast-track the company’s decarbonization program. The TS Solar Facility, which will be adjacent to NGM’s TS Power Plant, will be constructed in one phase with commercial…
Read MoreNevada Gold Mines, Dingo renew decades-long partnership
Barrick-Nevada Gold Mines Operations (NGM) has recommitted itself to its predictive maintenance strategy for dozens of its miners with Dingo, the latter recently announced. The companies, which have been working together in partnership for more than 20 years, will advance continuous improvement initiatives, improve efficiencies, communicate findings from condition intelligence reviews and create actions to improve machine health under the…
Read MorePremier Gold Mines may spin out
Canadian-based Premier Gold confirmed in August it is evaluating asset reorganization options, including a spin-out of its U.S. subsidiary that includes its Nevada assets.
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