The board of directors for Barrick Mining has raised the possibility of splitting the company into two separate entities, one focused on North America and the other on Africa and Asia, according to Reuters sources. A split could also include the outright sale of Barrick’s African assets as well as of the Reko Diq mine in Pakistan, once it has…
Read MoreTag: Newmont Corp.
Newmont makes Viljoen president, COO
Newmont said May 2 that Natascha Viljoen, executive vice president and chief operating officer, has been promoted to its president and chief operating officer.
Read MoreNewmont leverages 5G for teleremote dozing
Newmont has deployed Ericsson Private 5G at its Cadia gold-copper mine in Australia, marking the first use of private 5G technology for teleremote dozing. With zero interruptions from communications instability or outages, 5G has boosted safe production. Previously, the miner was unable to connect more than two machines at distances of no more than 100 metres on Wi-Fi, before the…
Read MoreNewmont completes sale of three operations
Global miner Newmont Corp. has completed the previously disclosed sales of the Musselwhite and Éléonore operations in Canada and the Cripple Creek & Victor operation in the United States, as part of a divestment plan of non-core assets. Full story.
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