Newmont Announces Musselwhite Conveyor System Achieves Commercial Production
December 02 2020 - 8:45AM
Business Wire
Mine Ramping Up To Full Operations With Commissioning Of New
Conveyor And Materials Handling System
Today, Newmont Corporation (NYSE: NEM, TSX: NGT) announced the
successful completion of two key projects at its Musselwhite mine
at Lake Opapimiskan, Ontario, Canada, with the full commissioning
of the mine’s conveyor system and the material handling
project.
“I am extremely proud of the work that has been completed by the
team at Musselwhite to safely deliver these two critical projects,
whilst managing through the unprecedented challenges caused by
COVID-19,” said Newmont’s President and CEO Tom Palmer.
“Musselwhite is an important part of our North America region, and
with the commissioning of these two projects is positioned to
contribute to Newmont’s portfolio for many years to come.”
The conveyor system and the material handling systems work in
association to efficiently move material from deeper mine levels to
the surface. Haul distances are reduced as the ore crushed at depth
will be hoisted from the underground crushers to the conveyor
system and brought to the surface for processing.
About Newmont
Newmont is the world’s leading gold company and a producer of
copper, silver, zinc and lead. The Company’s world-class portfolio
of assets, prospects and talent is anchored in favorable mining
jurisdictions in North America, South America, Australia and
Africa. Newmont is the only gold producer listed in the S&P 500
Index and is widely recognized for its principled environmental,
social and governance practices. The Company is an industry leader
in value creation, supported by robust safety standards, superior
execution and technical expertise. Newmont was founded in 1921 and
has been publicly traded since 1925.
At Newmont, our purpose is to create value and improve lives
through sustainable and responsible mining. To learn more about
Musselwhite mine visit www.newmont.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20201202005362/en/
Media Contact Courtney Boone 303.837.5159
courtney.boone@newmont.com
Investor Contact Eric Colby 303.837.5724
eric.colby@newmont.com
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