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Newmont stays development course in high-price environment

Newmont Corporation remains focused on delivering projects and doesn't foresee changes in its development schedule despite COVID-19 uncertainties, CEO Tom Palmer affirmed at the virtual Bank of America Securities Global Metals, Mining & Steel conference.

Henry Lazenby
Newmont Corp expects to restart Penasquito in Mexico by the second half this month following an easing of COVID-19 restrictions

Newmont Corp expects to restart Penasquito in Mexico by the second half this month following an easing of COVID-19 restrictions

Newmont has suspended its 2020 production guidance but maintained guidance for gold production of 6.2-6.7 million ounces from 2021 through 2024. Palmer said near-term production drivers included the...

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