Illegal miners bombed a tunnel, killing two people and injured another 14, including four police officers.

Ovelmen will be responsible for Newmont’s global finance functions and will join during the second quarter of 2023, based in Denver.

Proceeds will help advance La Plata copper-silver-gold-PGE project in Colorado.

The miner, whose shares collapsed this week on the closure of its Minto copper-gold mine in Canada, has engaged insolvency advisers.

Colombia-focused explorer has made four notable discoveries, including the Apollo high-grade porphyry system.

The first gold pour is planned for the second half of 2024.

The PEA envisions a 13-year mine life producing 8.8 million oz. silver-equivalent annually.

The dollar’s jump, in part driven by Fed officials generally “leaning hawkish overall,” has been weighing on the metals markets, analyst says.