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First phase of Long Canyon announced

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

Ailbhe Goodbody
Long Canyon is less than 160km from Newmont Mining's existing operations

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. The project highlights include: High-grade...

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