In a move to combine two of the top senior gold producers, U.S.-based Newmont has submitted a non-binding proposal to acquire 100% of the issued share capital of Australian peer Newcrest Mining by way of a scheme of arrangement. If successful, it would be the largest mining takeover and the third-largest corporate buyout in Australian history, according to Refinitiv data.…
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Epiroc and Orica, in partnership with Agnico Eagle, have successfully commenced live blasting with Avatel – the world’s first semi-automated wireless underground development charging solution at Agnico Eagle Mines’ Kittilä mine in Finland. The milestone brings to life an industry-driven concept to dramatically improve safety at the face during the charging cycle, which is one of the highest risk activities…
Read MoreNewcrest Mining said late last week it had resumed mining and processing at its Brucejack operation in British Columbia, Canada “pursuant to a safety-first restart plan” after an incident that later was revealed to be a fatal one at the mine. Newcrest Managing Director and CEO Sandeep Biswas said the death “is a stark reminder that safety must always be…
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Newcrest Mining has confirmed a “critical incident” at its Brucejack gold and silver mine in British Columbia, Canada that has prompted it to suspend operations.
Read MoreNewcrest Mining has completed its acquisition of Pretium Resources and the Brucejack gold operation in northern British Columbia’s Golden Triangle region.
Read MoreHigh-grade gold mine Brucejack in British Columbia, Canada, will soon be under the asset portfolio of Newcrest Mining, as the Australian miner has inked an agreement to acquire the remaining interest it does not already own in Canadian miner Pretium Resources.
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