Articles for tag: Australias, deploys, Ericsson, largest, Newmont, private, underground

April 18, 2025

Ron Finklestien

mining

Newmont Launches Ericsson Private 5G Network at Australia’s Largest Underground Mine

Newmont Implements Ericsson’s 5G Network for Enhanced Mining Operations Connectivity deep underground. Image from Ericsson. Newmont (TSE: NGT) has successfully deployed Ericsson’s (NASDAQ: ERIC) private 5G network at Cadia, Australia’s largest underground mine. This deployment marks the first application of 5G technology for teleremote dozing in surface operations. By utilizing the coverage and performance capabilities of Ericsson’s private 5G, Newmont has addressed the limitations previously experienced with Wi-Fi. This advancement has allowed the company to maximize the productivity of multiple dozers, enhance operational efficiency, and prioritize worker safety. Historically, Newmont faced significant restrictions with Wi-Fi, as it could only connect

September 20, 2024

Ron Finklestien

mining

Striking Gold: Greatland Gold Acquires Telfer, Havieron Stake from Newmont for $475 Million

Newmont’s Divestiture Program Gains Traction Newmont’s bold divestiture program gained momentum with the recent sale of Telfer and Havieron to Greatland Gold for a substantial $475 million. These assets were part of a strategic move devised by Newmont earlier this year, including the likes of Éléonore, Musselwhite, Porcupine, CC&V, and Akyem mines. Greatland Gold’s Promising Predicament The acquisition marks a significant step for Greatland Gold, positioning them favorably to take charge of the Havieron gold-copper project. This endeavor, initiated back in 2018 and a focus of Australian junior’s efforts, is set to align with existing infrastructure from the Telfer mine.

May 27, 2024

Ron Finklestien

mining

Newmont reopens Argentina’s Cerro negro gold mine

Provincial suppliers and services chamber Capromisa had voiced their concerns about the effects a prolonged suspension would have on small and medium-sized enterprises (SMEs) and service providers. Capromisa asked the authorities to expedite the investigation into the deaths and accelerate the administrative processes to allow the resumption of operations. The gold mine, located in the southern Argentinian province of Santa Cruz, is one of Newmont’s key operations in South America, generating over $500 million in exports per year.  Cerro Negro is undergoing a $540-million expansion project that would extend its life until 2034, with total production expected to reach over 350,000 ounces

April 21, 2024

Ron Finklestien

mining

Newmont promotes head of exploration Francois Hardy to CTO

Hardy brings more than 30 years of technical and operational experience in the mining industry. He first started with Newmont in 2002, and has since held several roles including managing director of Africa, general manager of the Tanami mine in Australia, and most recently, SVP of exploration. Before joining Newmont, he held executive positions at Avmin Ltd. and De Beers Consolidated Mines. Hardy will take over from interim CTO Dean Gehring, who currently also serves as Newmont’s EVP and chief integration officer but will be leaving the company in July. The CTO role was previously held by Aaron Puna, former

February 23, 2024

Ron Finklestien

mining

Shakeup in Mining Giants: C-Level Executives and Board Members Reshuffle

EnCore Energy has named Shona Wilson as their new CFO, stepping into the shoes of financial leadership. First Phosphate announced that the Vice President of business development, Jerome Cliché, will be transitioning to an advisory role within the company. Goldshore Resources sees a shift in leadership as president, CEO, and director Brett A. Richards moves to the role of interim CEO and director. Newmont is in the process of smoothly transitioning its new COO, Natascha Viljoen, as former COO Rob Atkinson prepares to hand over responsibilities by the end of May. Rathdowney Resources bids farewell to CEO and chair David

February 8, 2024

Ron Finklestien

mining

JV Video: Updates on Fury Gold Mines’ Work and Newmont JV

Bryan Atkinson, senior vice-president exploration with Fury Gold Mines, at the Vancouver Resources Investment Conference in January. Credit: The Northern Miner Fury Gold Mines (TSX: FURY) is working on a resource update at its flagship Eau Claire project in Quebec, says Bryan Atkinson, senior vice-president of exploration. But the project, where recent drilling returned 3.5 metres of 31.7 grams gold per tonne at the Hinge target, isn’t the only one Fury expects to advance this year. Sign Up for the Precious Metals Digest

January 26, 2024

Ron Finklestien

mining

Mining Industry Personnel Updates Mining Industry Personnel Updates

Galway Metals has elevated Jesse Fisher to the position of project manager for the Clarence Stream and enlisted the services of Robert Richard to head their exploration efforts. Moneta Gold and Nighthawk Gold have concluded their merger with Keyvan Salehi being appointed as the president, CEO, and a director. Newmont has designated Peter Wexler as its chief legal officer. Patriot Battery Metals has disclosed that Ken Brinsden will be transitioning into the role of CEO and president, based in Quebec. Snowline Gold has welcomed Brian Hegarty as the new VP of sustainability and external relations. Gordon Neal has joined World