Swick Mining Services has been awarded a new underground drilling contract by Newmont Mining, which is expected to generate more than $50 million in revenue for the drilling specialist over three years.
Newmont Mining Corporation has poured first gold at the $US3 billion Boddington gold mine, and trucked its first shipment of copper concentrate to the port in Bunbury.
Newmont Mining Corporation has revised down its full-year gold sales forecast as the $US3 billion Boddington gold project started operations yesterday, slightly behind schedule.
Newmont Mining Corp is set to take full ownership of the Boddington gold mine following AngloGold Ashanti's decision to sell its one-third interest for $1.6 billion.
A projected one quarter delay for the start up of the Boddington gold project has blown out Newmont Mining Ltd's share of the capital cost of the operation to up to $2.8 billion.
South Guildford-based Swick Mining Services Ltd will provide Newmont Mining Corporation with up to nine underground drill rigs at two gold mines after signing a three year contract with the US-based giant.
AGINCOURT Resources Ltd has announced a $100 million placement to acquire Newmont Mining Corporation's Sumatra-based Martabe gold and silver project, in a deal that will also make the US giant the big
THE massive Boddington gold mine is on track to pour first gold in 2008, after owners Newmont Mining and AngloGold Ashanti awarded the $115 million management contact for the asset to Clough Ltd.
Mining giant Newmont Mining Corporation plans to proceed with the development of the Boddington project in Western Australia for as much as $2 billion in partnership with AngloGold Ashanti Ltd.
After years of delay, the sale of Newcrest Mining's 22.22 per cent holding in the $1 billion-plus Boddington gold prospect could dictate whether the long-delayed project is finally able to proceed.
GOLD hopeful Sipa Resources has received a stamp of approval in the exploration stakes with the signing of a deal with the world's largest gold producer, Newmont Mining.
