Youth for Action Ghana Condemns Newmont Cyanide Spillage Oct 29, 2009
In February 2009, Newmont paid $ 4 million as a settlement of a 5-year old class action suit launched against Newmont Mining Corporation on the allegation that Newmont sent massive amounts of toxic water into the city of Grass Valley's sewage treatment plant. The Company will also spend $2 million to build another water treatment plant for the city,' the statement said. (Ghana Web, Ghana)
Gold Mines: Coexistence of Wealth and Destruction in Ghana Oct 16, 2009
The main mining corporations are the American Newmont Mining Corporation, Gold Fields, Anglo Gold Ashanti, and the Canadian-owned Bogosu Gold Limited (BGL). The two major mines are located at Kenyase in the Ashanti region- operated by the Newmont group- and the other at Bogosu, in the Western region. (Ghana Web, Ghana)
Gold companies targeting risky nations Oct 2, 2009
The increasing scarcity of gold deposits is forcing mining companies to search in more politically risky countries, Newmont Mining Corporation says. Newmont chief executive Richard O'Brien said the easy deposits of gold had probably been found and companies were having to look further afield for major discoveries. (Sydney Morning Herald -- Business)
Newmont Announces Third Quarter 2009 Earnings Call Sep 24, 2009
DENVER, Sept. 23 /PRNewswire-FirstCall/ -- Newmont Mining Corporation (NYSE: ) announced it will report third quarter 2009 results on Thursday, October 29, 2009 ... SOURCE Newmont Mining Corporation. (PR Newswire)
Newmont Announces Pricing on Senior Notes Offering Sep 16, 2009
DENVER, Sept. 15 /PRNewswire-FirstCall/ -- Newmont Mining Corporation (NYSE: ) (the "Company") today announced the pricing of its public offering of $2 ... SOURCE Newmont Mining Corporation. (PR Newswire)
Sungro Enters Into Definitive Agreement for Acquisition of Conglomerate Mesa Claims Sep 2, 2009
The property was originally explored by Newmont Mining Corporation while it was within the Cerro Gordo Wilderness Study Area (WSA). Newmont withdrew from Conglomerate Mesa in 1993. (CCNMatthews Press Releases)
Verena Corporate Update Aug 27, 2009
Lycopodium has recently completed large scale plant design and construction projects for companies such as Barrick Gold Corporation and Newmont Mining Corporation. Verena has also engaged a local Brazilian mining engineer to provide cost information to SWRPA and Lycopodium. (CCNMatthews Press Releases)
Newmont Announces First Production at Boddington; Ramp-up To Full Production Continues Aug 14, 2009
DENVER, Aug. 13 /PRNewswire-FirstCall/ -- Newmont Mining Corporation (NYSE: ) ("Newmont" or "the Company") is pleased to announce that its Boddington mine in Western Australia successfully produced its first gold and copper concentrate, processing approximately 100,000 tonnes of ore during the first two weeks of August ... SOURCE Newmont Mining Corporation. (PR Newswire)
Newmont Boddington production on track Aug 5, 2009
Newmont Mining Corporation says it is on track to begin production at its Boddington gold mine in Western Australia this month and will ramp up to full capacity within 12 months. The mine is expected to produce one million ounces per annum in the first five years of operation and has an expected mine life of more than 24 years. (Sydney Morning Herald -- Opinion)
Compania de Minas Buenaventura Announces Second Quarter 2009 Results Jul 31, 2009
65% in Minera Yanacocha S.R.L. (a partnership with Newmont Mining Corporation), an important precious metal producer, and 19. 26% in Sociedad Minera Cerro Verde, an important Peruvian copper producer. (PR Newswire)
AngloGold to mine Tropicana gold in 2013 Jul 27, 2009
AngloGold's sale of its minority interest in the Boddington mine in WA to US-based operator Newmont Mining Corporation for about $US1. 1 billion ($A1. (Sydney Morning Herald -- Business)
Great Quest Reactivates the Baoule River Gold Concession Jul 9, 2009
In 2008, a program of silt sampling, soil sampling of termite mounds and trenching was carried out by Newmont Mining Corporation, through CCM, a consultancy firm in Mali, under an agreement, now terminated, with the owner. The results of that work outlined four target areas anomalous in gold, of which only one target area was drilled. (CCNMatthews Press Releases)
Newmont Closes Acquisition of Remaining Interest in Boddington Jun 26, 2009
DENVER, June 25 /PRNewswire-FirstCall/ -- Newmont Mining Corporation (NYSE: ) ("Newmont" or "the Company") is pleased to announce that it has successfully completed the acquisition of the remaining 33 ... SOURCE Newmont Mining Corporation. (PR Newswire)
Newmont, Sunshine Chief Executives call on Mills Jun 6, 2009
In a discussion with a delegation from Newmont Ghana led by Mr Richard O'Brien, President and Chief Executive of Newmont Mining Corporation, President Mills underscored collaboration of nations and businesses to identify how to make up for the shortfalls and ways to address the current global financial crisis. "We have to interact to see where we're coming from and where we're going," President Mils said, and noted that Newmont was well known in Ghana, especially with its activities in the... (Ghana Web, Ghana)
Eurasian Minerals Inc. Announces Addition of Dr. M. Stephen Enders to the Board of Directors May 23, 2009
Dr. Enders' extensive resume includes former positions as Senior Vice President of Worldwide Exploration for Newmont Mining Corporation and the President of Phelps Dodge Exploration Corporation. He is a graduate in Geological Engineering from the Colorado School of Mines (B.Sc. (CCNMatthews Press Releases)
WACAM commends Judiciary for professionalism May 8, 2009
"A release from Oxfam America sent to GNA said: 'On November 27 an Oxfam America staff member and representatives of Wassa Association of Communities Affected by Mining (WACAM), a Ghanaian nongovernmental organisation (NGO), were arrested by local Police in Yamfo, Ghana and detained briefly. They were in Yamfo to discuss community members concerns regarding the Ahafo gold-mining project, operated by US-based Newmont Mining Corporation. "'After the arrival of these individuals in Yamfo, local... (Ghana Web, Ghana)
Newmont Generates First Quarter Net Cash From Continuing Operations of $387 Million ($0.82 per share); Maintaining 2009 Outlook Apr 30, 2009
82 per share); Maintaining 2009 Outlook. Project execution is also going well and is a clear focus for the balance of the year. (Canada Newswire)
Holes in Indonesia's mining law Apr 9, 2009
Several international mining powerhouses, including Newmont Mining Corporation, Freeport-McMoran Copper & Gold and the Rio Tinto Group, have substantial operations in the country. Local claims The operating environment became problematic for many foreign miners after regional autonomy laws passed in 2001 brought some of their centrally allocated CoWs into dispute with local politicians. (Asia Times Online)
International Arbitration Decision Issued Regarding Divestiture of Batu Hijau in Indonesia, Contract of Work Remains in Effect Apr 1, 2009
DENVER, April 1 /PRNewswire-FirstCall/ -- Newmont Mining Corporation (NYSE: ) ("Newmont" or "the Company") today announced that the international arbitration panel delivered its decision pertaining to the dispute in regard to the divestiture of PT Newmont Nusa Tenggara's ("PTNNT's") shares ... SOURCE Newmont Mining Corporation. (PR Newswire)
Newmont loses Indonesian share dispute Apr 1, 2009
International arbitrators have ruled in favour of Indonesia in a dispute with US giant Newmont Mining Corporation over the mandatory divestiture of shares, the mining minister said. Arbitrators have ruled that Newmont has 180 days from Tuesday to sell 17 per cent of local unit PT Newmont Nusa Tenggara (PTNNT) or be found in default of its contract, Purnomo Yusgiantoro was quoted as saying by Dow Jones Newswires. (Sydney Morning Herald -- Business)
Wildlife die as oil slick leaves explosive pollution Mar 13, 2009
The ship had been loaded with about 800 tonnes of the blasting ingredient at Newcastle and was bound for Indonesia, where the explosives were to be used for mining and quarrying by Newmont Mining Corporation. It was produced near Newcastle by the Australian explosives manufacturer Orica. (Sydney Morning Herald -- Australia)
IR Global Rankings 2009: Best Ranked Companies in Greater China & Asia/Pacific Mar 12, 2009
tw); Fresenius Medical Care (NYSE: ); Galp Energia (EURONEXT: GALP PL); Gazprom Neft (RTS: SIBN); General Electric Company (NYSE: ); Gerdau (NYSE: ); Global Sources (Nasdaq: ); Gol Linhas Aereas Inteligentes (NYSE: ); GVT (Bovespa: GVTT3); Haemonetics Corporation (NYSE: ); Homex (OTC: DHMXF.PK); HSBC (LSE: HSBA.L); HTC Corporation (TWSE: 2498); Hysan Development Company (HKSE: HYSNY.PK); IC RUSS-INVEST (RTS: RUSIG); Indra (Madrid: IDR); Infosys Technologies (NASDAQ: ); Intel Corporation (Nasdaq:... (PR Newswire)
Gabriel Resources Ltd: Fourth Quarter 2008 Report Mar 5, 2009
NCL, a subsidiary of Newmont Mining Corporation, participated to acquire 20% (7. 2 million common shares) of the total offering. (CCNMatthews Press Releases)
Newmont Announces Investor Day Webcast Mar 5, 2009
DENVER, March 4 /PRNewswire-FirstCall/ -- Newmont Mining Corporation (NYSE: ) announced it will be hosting an Investor Day on Wednesday, March 18, 2009 at the New York Stock Exchange in New York City ... SOURCE Newmont Mining Corporation. (PR Newswire)
Newmont says Akyem Project is on-going Mar 4, 2009
Accra, March 3, GNA - Newmont Ghana, a subsidiary of Newmont Mining Corporation, said on Tuesday it remained eager to develop the Akyem Project and was completing further analysis on its economics to ensure sustainability. A statement signed by Ms Adiki Ayitevie, Regional Manager, Communications, said Newmont was working with government and other key stakeholders to complete key options to bolster efficiency of the project in the face of current global dynamics. (Ghana Web, Ghana)
Newmont Reports Record Annual Revenues in 2008 of $6.2 Billion; 50% Increase in Adjusted Net Income(1) Feb 19, 2009
DENVER, Feb. 19 /CNW/ -- Newmont Mining Corporation (NYSE: NEM) ("Newmont" or "the Company") today announced record revenues in 2008, following the announcement of strong operating results on January 27, 2009 ... For further information: Investors, John Seaberg, +1-303-837-5743, , or Media, Omar Jabara, +1-303-837-5114, , both of Newmont Mining Corporation Web Site ... NEWMONT MINING CORPORATION - More on this organization. (Canada Newswire)
Let's leave some resources for future generations - WACAM Feb 17, 2009
WACAM, an environmental and social advocacy nongovernmental organisation, said "if Newmont is allowed to mine in the Ajenua Bepo Forest Reserve, it would displace thousands of farmers; destroy biodiversity, large hectares of cocoa and crop farms and cemeteries and leave a huge pit in the Ajenua Bepo Forest Reserve. It said the one-off payment of compensation of about eight Ghana Cedis for a cocoa tree destroyed would not be in the best interest of farmers in the long term, since they would be... (Ghana Web, Ghana)
Stocks set to open week softer Feb 15, 2009
" On the local market on Friday, the benchmark S00 closed up 44.8 points, or 1.27 per cent, at 3,559.1, while the broader All Ordinaries gained 38.2 points, or 1.1 per cent to 3,496.7. However, in the US on Friday, the Dow Jones Industrial Average fell 82.35 points, or 1.04 per cent, to finish at 7,850.41, while the broader Standard s 500 index dropped 8.35 points, or one per cent, to 826.84. Mr Oliver said the main driver of the Australian market would be the profit reports, with more... (Sydney Morning Herald -- Business)
