Newmont’s Musselwhite operation, in commercial production since 1997, has achieved a mine life milestone: the pouring of its 8,000th gold doré bar. The miner, which announced the bar December 5, marked the occasion by inviting employees from across the business to gather for a celebration and speak on the changes witnessed at Musselwhite since its 7,000th bar was poured in…
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Newmont completes Newcrest takeover
U.S.-based Newmont has completed the acquisition of Australian rival Newcrest Mining to create the world’s leading gold company with robust copper production. The transaction strengthens Newmont’s position as a mining leader through the combination of high-quality operations, projects and reserves concentrated in low-risk jurisdictions, including 10 Tier 1 operations to support decades of safe, profitable and responsible gold and copper…
Read MoreStrike over at Newmont Peñasquito
Newmont said it has come to a deal with the National Union of Mine, Metal and Allied Workers of the Mexican Republic to bring a strike at its Peñasquito operation in the Zacatecas state to an end. The strike was initially called June 7. The parties submitted its agreement to the Mexican Labor Court on October 13, which was approved.…
Read MoreNewmont halts operations at Peñasquito over labor dispute
Newmont has suspended operations at its Peñasquito mine in Mexico in response to a strike notice by the National Union of Mine and Metal Workers of the Mexican Republic. The company said it will maintain essential activities related to safety, security and environmental monitoring and protection at the site. On June 7, the union notified Newmont of a strike action…
Read MoreFatigue Science marks adoption milestone for Readi system
Canadian-based technology group Fatigue Science celebrated a milestone in its growth and the acceptance of its predictive fatigue management system in late March: its implementation at 20 major mine sites. The company said the system, which offers increased worker safety as well as improved productivity, can now be found at Newcrest, Minsur, Newmont, Marcobre and Thiess projects, all of which…
Read MoreNewmont proposes Newcrest US$16.9 billion takeover
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.…
Read MoreNewmont selects Viljoen for COO seat
As Newmont plans a transition of its current executive vice president and COO Rob Atkinson to a new role focused on driving strategic initiatives for the company, it has appointed 30-year industry veteran Natascha Viljoen to the COO role. Viljoen, who has served as CEO of Anglo American’s platinum business in South Africa since 2020, will join Newmont’s executive leadership…
Read MoreCEEC launches sustainability podcast
Independent nonprofit industry advocacy group The Coalition for Eco Efficient Comminution (CEEC) has introduced a new podcast series on the topic of mining sustainability, which listeners can download free of charge. Entitled CEECing Change – the Podcast where Industry Collaborates on Eco-efficient Minerals, the series has been created for those interested in sustainability with each episode featuring interviews with individuals…
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