Newmont Brings Merian into Commercial Production On Time and Below Budget - Newmont Mining Corporation (NEM) (Newmont or the Company) has completed construction of the Merian gold mine in Suriname on time and more than $150 million or nearly 20 percent below its initial development capital budget. First gold was poured and Newmont declared commercial production on October 1, having achieved sustained average mill throughput of 80 percent and gold recovery of more than 90 percent over the last 30 days. Stockpiled ore represents nearly 160,000 contained ounces of gold." More
- 10/03/16 | Item |

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