Newmont Mining Corporation

Looking north along the deposit's axis at Newmont Mining's Long Canyon gold project in northeast Nevada. Source: Newmont Mining

Newmont green-lights Long Canyon gold mine

VANCOUVER — Denver-based Newmont Mining (NYSE: NEM) is poised to open up a new gold district at its Long Canyon project along the eastern flank of the Pequop Mountains in northeastern Nevada. The U.S. Bureau of Land Management (BLM)…


A drill site at Novo Resources' Beatons Creek gold project in Australia's Pilbara region. Credit: Novo Resources

Golden payoff in the Pilbara for Novo Resources

VANCOUVER — It’s easy pickings for Novo Resources (US-OTC: NSRPF) at its Beatons Creek paleoplacer gold deposit near the historic gold mining town of Nullagine in the eastern Pilbara region of Western Australia.




US markets struggle, Oct. 6-10

The S&P 500 Index posted its biggest weekly decline since March 2012, as anxiety about weak global economic growth in Europe and China and concerns about the winding down of the U.S. Federal Reserve’s bond-purchasing program drove…


Wall Street indexes slide, Sept. 8-12

After five straight weeks of gains, U.S. equity indexes dropped as President Barack Obama authorized air strikes against the terrorist group ISIS and imposed more sanctions against Russia. The Dow Jones Industrial Average fell 0.87% to…


The Batu Hijau copper-gold mine is operated by PTNNT, a joint venture between Newmont, a Japanese firm, and three Indonesian corporations. Credit: Newmont Mining

Resolution at hand for Newmont in Indonesia

A month after Freeport-McMoRan Copper & Gold (NYSE: FCX) signed a deal with the Indonesian government resolving a standoff over the country’s recently imposed export tax on mineral concentrates, Newmont Mining (NYSE: NEM) appears…



Newmont to build mine in Suriname

After spending the past year selling off assets and slashing costs, Newmont Mining (NYSE: NEM; TSX: NMC) is moving forward with its Merian gold mine project in Suriname, and plans to spend up to $1 billion to build its first mine in the South…




U.S. equities surge, June 16-20

The U.S. Federal Reserve’s latest suggestion that it would keep interest rates low seemed to outweigh concerns about the renewed turmoil in Iraq, sending the Dow Jones Industrial Average and the S&P 500 Index to record highs. The…


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