Newmont has sent Barrick a notice of default after finding evidence of alleged mismanagement at the Nevada Gold Mines joint venture, escalating tensions between the partners, reported Bloomberg. Barrick allegedly diverted resources from the joint venture to benefit its wholly owned Fourmile project, Newmont stated in a filing to the U.S. Securities and Exchange Commission. After informing Barrick of the…
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Barrick moving forward with IPO, taps Hill as CEO
Barrick Mining said it is working to prepare for an initial public offering (IPO) for its North American gold assets and has also named interim head Mark Hill as its permanent chief executive and president. According to a Reuters report, the miner is planning to spin off those assets into a publicly listed company at some point this year. Its…
Read MoreNevada Gold Mines deploys Komatsu FrontRunner AHS in the U.S.
Nevada Gold Mines (NGM) and Komatsu have launched a pioneering partnership to elevate workplace safety and enhance operational efficiency through the deployment of the OEM’s FrontRunner Autonomous Haulage System (AHS) at the miner’s surface operations. The collaboration marks the first implementation of the system for both companies within the United States, setting a new standard for mining operations nationwide. NGM…
Read MoreElko Mining Expo 2024 tops 2,000 visitors
The Elko Convention and Visitors Authority (ECVA) reported that its 38th annual Elko Mining Expo in Nevada, held in June, was a success, with more than 2,000 visiting the show’s 384 companies. In addition to a great show turnout, the expo included a concert and golf tournament, as well as a panel session discussing future projects from Orla Mining, i80…
Read MoreEpiroc BEV Boltec M10 rig electrifies Nevada Gold Mines
Epiroc has successfully deployed the first Boltec M10 Battery rig in the U.S. at Nevada Gold Mines, aligning with the industry’s shift toward cleaner and more efficient technologies. “Nevada Gold Mines embraces shifting to a more decarbonized method of mining and is looking forward to the benefits of the BEV Boltec M10 and seeing its success,” said David Byrnes, mine…
Read MoreWomen in Mining USA to hold 2024 conference in Elko
Registration is now open for the Women in Mining annual national conference, set for April 10-24 in Elko, Nev. Themed “Cultivating the Heart of Mining”, the conference at the Elko Convention Center will offer workshops and speaker roundtables as well as five different tours and professional development workshops. They include Kinross Gold’s Bald Mountain mine, Nevada Gold Mines’ Carlin operation,…
Read MoreGoldrush good to go
Barrick Gold’s Nevada Gold Mines has confirmed receipt of its plan of operations for the new Goldrush underground mine at the Cortex complex in Beowawe, Nev., from the U.S. Bureau of Land Management, allowing it to advance to active status. The record of decision from the agency sets forth Goldrush’s plan to start ramping up in 2024 after commissioning of…
Read MoreWHAT NEXT FOR RAISE BORING?
North American Mining spoke to two raise borer OEMs and three drilling contractors about the current state and future direction of the raise boring sector. by Jonathan Rowland When you think of raise boring in underground mining, you probably think about the construction of ventilation and access shafts. But they are not the only application. With more advanced and increasingly…
Read MoreNevada Gold Mines orders 62 haul trucks
The world’s largest gold operation, Nevada Gold Mines (NGM), has just signed a massive multi-year deal with OEM Komatsu for the delivery of 62 new 930E-5 haul trucks for its Carlin complex and Cortez site, along with several support equipment items.
Read MoreNevada Gold Mines strengthens operating muscle
Barrick said Nevada Gold Mines, its majority-owned joint venture with Newmont, has commissioned the first seven of a new 22-unit Komatsu 930E fleet of electric mine trucks ahead of schedule. The rest of the fleet is due later this year. Nevada Gold Mines Chairman Mark Bristow said that despite the exceptional quality of the complex’s assets and vast potential, addressing…
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