Newmont posts loss
Denver — Higher production was not enough to offset the effects of low gold prices for Newmont Mining (NEM-N) in 2000.In the fourth quarter, the Denver-based company earned US$19.7 million (or 12 pe…
Mesquite Mine
Newmont launches bio-leach project
In a move aimed at upgrading its processing capabilities at a time of prolonged low gold prices, Newmont Mining (NEM-N) has started an US$8-million bio-leaching and milling project at its Carlin opera…
Newmont writes down assets
Low gold prices in the fourth quarter of 1998 forced Newmont Gold (NEM-N) to write down the value of the assets it acquired as a result of merging with Santa Fe Pacific in the previous year.The compan…
NEVADA — Merger with Santa Fe pushes Newmont to top spot — Half of 1997 exploration and development costs earmarked for Nevada projects
With anticipated gold production of 3.7 million oz. in 1997 and 4.1 million oz. in 1998, Newmont Mining (NEM-N) is now North America’s largest producer of the yellow metal. In the world, it is second …
THE GLOBAL SEARCH FOR GOLD SPECIAL — Santa Fe seeks opportunities abroad
Already one of North America’s largest gold miners, Santa Fe Pacific Gold (GLD-N) is pursuing projects both on and off the continent.The company has revised its projections for gold production this ye…