U.S.-based Newmont said that the Canadian Competition Bureau issued a “no action” letter clearing its previously announced acquisition of Newcrest Mining under Canadian competition law as the miner progresses toward receiving regulatory approvals in other jurisdictions for a fourth-quarter closing. Full story.
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Australia’s New South Wales Environmental Protection Authority (EPA) is starting a new investigation into Newcrest Mining’s Cadia mine over dust and pollutant emissions, its second probe in a year for the gold operation. Full story.
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In a move to combine two of the top senior gold producers, U.S.-based Newmont has submitted a non-binding proposal to acquire 100% of the issued share capital of Australian peer Newcrest Mining by way of a scheme of arrangement. If successful, it would be the largest mining takeover and the third-largest corporate buyout in Australian history, according to Refinitiv data.…
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Newcrest Mining said late last week it had resumed mining and processing at its Brucejack operation in British Columbia, Canada “pursuant to a safety-first restart plan” after an incident that later was revealed to be a fatal one at the mine. Read full article.
Read MoreEvolution Mining has tapped its chief financial officer and finance director Lawrie Conway to serve as its chief executive officer and managing director, effective 1 January 2023. Read article.
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Newcrest has selected Microsoft’s Azure as its preferred cloud globally, and the two will collaborate on programs of work that include digital twins to boost operational performance for its portfolio – beginning with a priority project at the Cadia mine in New South Wales. See full article from The Asia Miner.
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Newcrest Mining has completed its acquisition of Pretium Resources and the Brucejack gold operation in northern British Columbia’s Golden Triangle region. See full article in North American Mining.
Read MoreNewcrest Mining has been notified of the approval of an application submitted to expand the permitted processing capacity for its Cadia gold operation in Australia that will take it from 32 million tonnes per year to 35 Mt/y. Read full article from The Asia Miner.
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