PureGold mine enters final stages of ramp-up

Asked about it, however, JX Nippon Mining — the metal unit of JXTG Holdings — declined to comment, adding it was not something that has already been decided.

Dome West is a 56-hectare land holding that is adjacent to the former Paymaster Mine property and separated by some 800 metres from Goldcorp’s open-pit Dome Mine.

The new business, yet to be named, will be owned 38.5% by Newmont Goldcorp and 61.5% by Barrick.

The study indicates the project could produce 80,000 oz. gold per year over an 8.7 year mine life.

The Quebec pension fund has been a strategic partner and shareholder in the junior since 2014.

Three British Columbia properties are seeing some action in 2019.

The company achieved preliminary Q1 production of 1.37Moz gold and 106Mlb copper.

Newmont Goldcorp is now the world’s largest gold producer by market value, output and reserves, as well as the only bullion producer listed on the S&P 500 Index.

A trio of proposed laws affecting pipeline, environmental and oil shipping laws are working their way through Canada’s Senate as Trudeau’s Liberals gear up for an October election.