date:18/09/2023
location:Pan Pacific Perth
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date:18/09/2023
location:Perth
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location:Denver, Colorado, USA
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Newmont Mining has announced plans to build the first phase of Long Canyon – a new gold oxide mine which is stated has significant upside potential in an emerging gold district less than 160km from the company’s existing operations. The company is also celebrating 50 years of successful operation in Nevada this year
Long Canyon is less than 160km from Newmont Mining's existing operations
The project will leverage Newmont’s existing equipment, infrastructure and personnel and will be funded through free cash flow and available cash balances.
Deal will avoid a total of approximately 1.6 million tonnes of annual greenhouse gas emissions
