- In 1962, Newmont revolutionized the gold mining industry with the world’s first discovery of submicroscopic or “invisible gold.”
- Newmont helped found the ICMM, promoting sustainable development and social responsibility in mining.
Super Pit Receives Approval to Extend Mine Life, Pours 13 Millionth Ounce
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After years of analysis and debate, the Western Australian Government gave the Kalgoorlie Super Pit approval to expand and extend its mine life to 2021. This approval now triggers the process for evaluating the viability of the expansion.
The mine is the economic backbone of Kalgoorlie-Boulder, but it had to meet stringent standards for environmental performance due to its proximity to the town.
The operation also poured its 13 millionth ounce of gold in December 2009. This momentous occasion marked 54 million ounces of gold produced from the Golden Mile in over a century of gold production.