Newmont Declares Commercial Production at Long Canyon, the Most Significant Oxide Ore Discovery in Nevada in More than a Decade - "Newmont Mining Corporation (NEM) (Newmont or the Company) has reached commercial production at Long Canyon, a higher grade oxide mine in an emerging gold district located less than 100 miles from its existing Nevada operations. The Company declared commercial production based on sustaining plant availability of more than 85 percent, and achieving a minimum of 70 percent of modeled leach recovery. The project was completed two months ahead of schedule for an investment of just under $225 million, which is about $50 million or 18 percent below budget." More
- 11/15/16 | Item |


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