EXPLORATION & DEVELOPMENT

Ghana deposits push Newmont reserves to record level

NEWMONT Mining ended 2003 with record proven and probable reserves of 91.3 million ounces at a gold price of US$325/oz thanks largely to impressive reserve additions in Ghana.

Sarah Belfield Belfield
Ghana deposits push Newmont reserves to record level

“We made reserve replacement a company-wide responsibility when we acquired Franco-Nevada and Normandy Mining two years ago, and as a result have been successful at not only replacing depletion but also...

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