EXPLORATION & DEVELOPMENT

New mine for Newmont

NEWMONT Mining Corporation has declared commercial production at its low-cost Merian mine in Suriname, completing the project on time and well below budget.

Kristie Batten
New mine for Newmont

The company said it declared commercial production on October 1 after the mill achieved average throughput of 80% and gold recovery of more than 90% over September. The $US900 million project came in...

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