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Nevada Gold Mines, the joint venture being finalized by Barrick Gold Corp. and Newmont Goldcorp Corp. for the operation of their mines in Nevada, is reducing its workforce.
LAS VEGAS (AP) — A company official says a joint venture in Nevada between the state's two largest gold producing companies is nearing regulatory approval and will be called Nevada Gold Mines.
ELKO, Nev. (AP) — The mayor of the biggest mining community in Nevada opposes the merger of the two largest gold mining companies in the world because he says would reduce competition in the region and could drive down workers' wages.
Competition between Barrick Gold and Newmont Mining is intensifying in a trend of consolidation in the gold industry.
ELKO, Nev. (AP) — Newmont Mining Corp. plans to lay off 120 workers by March at its mining operations in northeast Nevada.
A mining company near Elko is reaching out to the community to present a plan for expanding its operation.
Newmont Mining Corporation wants to expand its Long Canyon Mine and take it underground, extending its life by 25 years.