May 17, 2020

[VIDEO] Women in Mining: Kinross Gold

Women in Mining
Kinross Gold
Canada
Video
Admin
2 min
[VIDEO] Women in Mining: Kinross Gold
Mining has always been a male dominated industry. The appeal of digging giant holes in the ground with loud and heavy equipment has always attracted an...

Mining has always been a male dominated industry. The appeal of digging giant holes in the ground with loud and heavy equipment has always attracted an overwhelming majority of male occupants. The number of female occupants, however, is not so much.

Kinross Gold is currently working to change all that by launching a number of initiatives around the world designed to help women improve themselves. Last year, Kinross partnered in the G(irls) 20 Summit to encourage young women to study STEM – science, technology, engineering, mathematics – and enter a world of mining as a career. Kinross also provides training, education and professional development programs to meet the needs of women in mining.

“In every operating country for Kinross we provide some program or initiative for the support of women. We feel as a strong corporate citizen in our local communities it’s important to provide opportunities for those women who can sustain themselves and their families,” says Amy Grace, head of talent management at Kinross.

“In every operating country for Kinross we provide some program or initiative for the support of women. We feel as a strong corporate citizen in our local communities it’s important to provide opportunities for those women who can sustain themselves and their families,” says Amy Grace, head of talent management at Kinross.

“What we do to support women in the community includes the ability to train them with local skills to sustain and provide opportunities within their respected communities.”

With Kinross Gold at the helm, the outlook and impact of women in the mining industry is looking better than ever. 

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May 17, 2021

Newmont acquires Canada’s GT Gold in $325mn deal

Newmont
GT Gold
Gold
Copper
2 min
Newmont has purchased the remaining 85.1% common shares of Canada’s GT Gold to complete its buy out Gold in a deal worth $325mn

Newmont, the world’s biggest gold miner, has acquired Canada’s GT Gold in a deal worth $325mn. The gold giant now controls the Tatogga gold-copper project in the Traditional Territory of the Tahltan Nation.

GT Gold

“With the acquisition of GT Gold and the Tatogga project in the highly sought-after Golden Triangle district of British Columbia, Canada, Newmont continues to strengthen our world-class portfolio,” commented Newmont President and CEO Tom Palmer.

“We look forward to continuing to build a respectful and meaningful relationship with the Tahltan Nation, including the community of Iskut. The relationships we have with Indigenous communities, First Nations and host communities are critical to the way we operate. We will partner with the Tahltan Nation at all levels, and with the Government of British Columbia to ensure a shared path forward as the Company understands and acknowledges that Tahltan consent is necessary for advancing the Tatogga project.”

Newmont

Newmont

Newmont’s acquisition includes the Tatogga project, comprised primarily of the Saddle North deposit, which has the potential to contribute future significant gold and copper annual production. There are also further exploration opportunities beyond the known deposits at Saddle North within the land package. The Tatogga project adds to Newmont’s existing interest in the prospective Golden Triangle through the company’s 50% ownership in the Galore Creek project.

Newmont is the world’s leading gold company and a producer of copper, silver, zinc and lead. A world-class portfolio of assets, prospects and talent is anchored in favourable mining jurisdictions in North America, South America, Australia and Africa. The American miner is celebrating its 100th anniversary this month.

Gold

With gold prices on the rise, the last six months has seen gold industry M&A activity accelerating. A recent Mckinsey report, advises that the industry need to be mindful of mistakes made during the previous gold price boom, when growth was chased unidirectionally by several companies.

 

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