The gold price could rise to & #36;US1,350 per ounce this year, Newmont Mining Corporation President Richard O & #39;Brien says.
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The gold price could rise to & #36;US1,350 per ounce this year, Newmont Mining Corporation President Richard O & #39;Brien says.
Tanami Gold has agreed to acquire Newmont Asia Pacific & #39;s Groundrush gold project in the Northern Territory for & #36;22 million.
Newmont Indonesia Ltd and Nusa Tenggara Mining Corp have agreed to sell an additional 14 per cent of PT Newmont Nusa Tenggara to PT Multi Daerah Bersaing.
US-based Newmont Mining Corp has sold a 10 per cent share of its Indonesian joint venture to a consortium of regional and local governments.
The increasing scarcity of gold deposits is forcing mining companies to search in more politically risky countries, Newmont Mining Corporation says.
The government & #39;s proposed emissions trading scheme has been endorsed by an unlikely ally – one of the world & #39;s largest mining firms, Newmont Mining Corporation.