Newmont Mining Corporation has entered into a binding share sale and purchase agreement with PT Amman Mineral Internasional (AMI) to sell its 48.5% interest in PT Newmont Nusa Tenggara (NNT), which operates the Batu Hijau copper and gold mine in Indonesia.
Newmont Mining Corporation, based in Greenwood Village, Colorado, USA, is a mining company that traces its roots to the diversified holding company William Boyce Thompson established in 1916. Incorporated in 1921, it has active gold mines in Nevada, Australia, Ghana, Peru, and Suriname.
With more than 95 years of history in the mining industry, Newmont is one of the world's largest gold producers. Through responsible mining, we believe we can create a stronger business and value for all our stakeholders.
Newmont Mining Corp. reports that Japan's Sumitomo Corp. has obtained a 5% stake to become a partner in Minera Yanacocha SRL. As a result, Newmont and Buenaventura's ownership interests in Yanacocha will be 51.35% and 43.65%, respectively.
Newmont recently acquired a 50 percent interest in the Galore Creek Partnership (GCP) from NOVAGOLD Resources Inc. Galore Creek holds the potential to support decades of profitable gold and copper production in a favorable mining jurisdiction, in line with our strategy to create long-term value for our stakeholders.
Newmont operations in South America are trough two different companies, Newmont Peru SRL and Minera Yanacocha SRL. Newmont Peru SRL was founded in 1983 as an exploration mining company whose main objective is obtain new gold reserves.
with Newmont Ventures Limited ("Newmont"), a subsidiary of Newmont Mining Corporation, to explore, and if appropriate, develop the Montezuma project ("Montezuma") located in the Antofagasta and Calama districts of Chile.
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Newmont Mining Corporation, through its subsidiary Newmont Second Capital Corporation, becomes a majority owner of Minera Yanacocha, a Peruvian gold mining company. 1993 Minera Yanacocha begins operating the Yanacocha mine, the largest open-pit gold mine in South America.
Year-on-year, Minera Yanacocha has usually been able to extend its oxide ore reserves faster than ore is being mined. By the end of 1998, proven and probable reserves had grown to 20.1Moz of gold and peaked at 36.6Moz by end-2000 (plus 350Moz of silver).
Newmont Mining Corp. is the principle shareholder of Minera Yanacocha S.R.L, a joint venture between Newmont (51.35%), the Peruvian Buenaventura (43.65%) company, and the World Bank's International Finance Corporation (5%). Minera Yanacocha owns the Yanacocha mine located in Cajamarca, Peru.
We were conducting a fact-finding trip to Cajamarca, Peru, to interview people about the contentious Conga gold and copper mine project being developed by Colorado-based Newmont Mining, through its joint venture Minera Yanacocha.
2018-06-20· Newmont Mining Corporation (NEM) (Newmont or the Company) welcomed Sumitomo Corporation (Sumitomo) as a new and valued partner in Minera Yanacocha SRL (Yanacocha) following its purchase of a five ...
Yanacocha (Cajamarca Quechua: yana = "black, dark", qucha = "lake, puddle, pond, lagoon") is a gold mine in the Cajamarca region of the Northern Highlands, the poorest province of Peru. Considered to be the fourth largest gold mine in the world, it produced 0.97 million ounces of gold in 2014. The 251-square kilometer open pit mine is situated ...
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The International Cyanide Management Institute (ICMI) announced today that Newmont Mining Corporation's Minera Yanacocha gold mine has been recertified in full compliance with the International Cyanide Management Code (Cyanide Code).
Newmont Mining Corporation, based in Denver, Colorado, is one of the world's largest producers of gold, with active mines in Nevada, Indonesia, Australia, New Zealand, Ghana, and Peru. Some smaller operations include Bolivia, Mexico, and Canada. Holdings include Battle Mountain Gold, Normandy Mining