Newmont Mining Corporation operates in the mining industry. The company focuses on the production of and exploration for gold and copper. The company has assets and/or operations in the United States, Australia, Peru, Indonesia, Ghana and Suriname. As of December 31, 2015, the company had attributable proven and probable gold reserves of 73.7 million ounces and an aggregate land position of approximately 20,000 square miles (52,000 square kilometers). The company also engages in the production of copper, principally through Batu Hijau in Indonesia, Boddington in Australia and Phoenix in the United States. As of December 31, 2015, the company had 5,670 million attributable pounds of proven and probable copper reserves, and had 113.3 million ounces of attributable proven and probable silver reserves. Segments The company’s regions include North America, South America, the Asia Pacific, and Africa. The company’s North America segment consists primarily of Carlin, Phoenix and Twin Creeks in the state of Nevada; and Cripple Creek &Victor in the state of Colorado, in the United States. The company’s South America segment consists primarily of Yanacocha in Peru. The company’s Asia Pacific segment consists primarily of Boddington, Tanami and Kalgoorlie in Australia; and Batu Hijau in Indonesia. The company’s Africa segment consists primarily of Ahafo and Akyem in Ghana. Properties North America Carlin, Nevada, the U.S.A. (100% owned): The Carlin property is located 25 miles west of Elko, Nevada off of Interstate 80 and could be accessed by paved highway. The company either owns the private fee land and unpatented mining claims or controls the land through long term mining leases. Carlin’s integrated mining operations consist of three open pits and four underground mines. Phoenix, Nevada, the U.S.A.: The Phoenix property includes the Phoenix operations and the Lone Tree operations, both of which are 100% owned. The Phoenix and Lone Tree properties are owned through fee property and unpatented mining claims. Phoenix is an open pit operation, located approximately 10 miles south of Battle Mountain, Nevada. Phoenix is a skarn-hosted polymetallic massive sulfide replacement deposit. The Phoenix mill produces a gravity gold concentrate and a copper/gold flotation concentrate and recovers additional gold from cyanide leaching of the flotation tails. The Phoenix surface mine’s available mining fleet consists of three shovels and sixteen 240 ton haul trucks. Lone Tree is an open pit operation, located approximately 20 miles northwest of Battle Mountain, Nevada. Lone Tree’s available mining fleet consists of four haul trucks, which range from 150 tons to 190 tons, to rehandle leach material for residual leaching operations. Twin Creeks, Nevada, the U.S.A.: The Twin Creeks property includes the Twin Creeks mine and the Turquoise Ridge Joint Venture. Twin Creeks (100% owned) is an open pit operation, located approximately 15 miles north of Golconda, Nevada. The Twin Creeks mine is an open pit mine. The property is owned through fee property and unpatented mining claims. Twin Creeks is a sediment-hosted disseminated gold deposit. Twin Creeks’ available mining fleet consists of three shovels and fourteen 240 ton haul trucks. The company has a 25% interest in a joint venture with a subsidiary of Barrick Gold Corporation in Turquoise Ridge. Long Canyon, Nevada, the U.S.A. (100% owned): Long Canyon is located approximately 75 miles east of Elko, Nevada. The company owns the private fee land and unpatented mining claims. Long Canyon is a sediment-hosted disseminated gold deposit, which would utilize heap leaching to recover the minerals. Cripple Creek & Victor, Colorado, the U.S.A. (100% owned): Cripple Creek &Victor is an open pit operation, located next to the town of Victor, Colorado. The majority of the property is controlled through fee patented mining claims, as well as long term mining leases. Cripple Creek & Victor is an epithermal alkalic deposit, which utilizes heap leaching to recover the minerals. Cripple Creek & Victor’s available mining fleet consists of 3 shovels and 31 haul trucks with capacity r
newmont mining corp
(NEM:New York Consolidated)
6363 South Fiddler's Green Circle
Greenwood Village, CO 80111
The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content.
|No competitor information is available for NEM.|
|View Industry Companies|
Sponsored Financial Commentaries
Only a company representative may request an update for the company profile. Documentation will be required.
To contact NEWMONT MINING CORP, please visit www.newmont.com. Company data is provided by Capital IQ. Please use this form to report any data issues.