Project Integration Allows for Agua Rica and Alumbrera Partners to Leverage Synergies as The MARA Project
DENVER--(BUSINESS WIRE)--
Newmont Corporation (NYSE: NEM, TSX: NGT) and its joint venture partners announced the successful integration of
the Alumbrera mine, plant and infrastructure with Yamana Gold’s Agua Rica project to create the integrated MARA
project. The integration of these two assets finalizes the joint venture between Newmont (18.75%), Glencore
International AG (25%) and Yamana Gold (56.25%).
“I am pleased to see this partnership complete the integration of the projects. Joining the Agua Rica ore body
with the high-quality infrastructure from Alumbrera will ensure the sustainability of both sites’ resources,”
said Newmont’s President and CEO Tom Palmer. “Newmont looks forward to the MARA project adding value to our
world-class portfolio.”
Under the MARA Project, Agua Rica will be developed and operated using the existing infrastructure and
facilities from the Alumbrera mine, approximately 35 kilometers away. The integration unlocks significant value
by leveraging Alumbrera’s infrastructure including the plant, tailings storage facility, pipeline and other
infrastructure to be used for processing ore from Agua Rica.
About Newmont
Newmont is the world’s leading gold company and a producer of copper, silver, zinc and lead. The Company’s
world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in North
America, South America, Australia and Africa. Newmont is the only gold producer listed in the S&P 500 Index
and is widely recognized for its principled environmental, social and governance practices. The Company is an
industry leader in value creation, supported by robust safety standards, superior execution and technical
expertise. Newmont was founded in 1921 and has been publicly traded since 1925.
At Newmont, our Purpose is to create value and improve lives through sustainable and responsible mining. To
learn more about Newmont’s sustainability strategy and initiatives, go to Beyond the Mine at www.newmont.com.
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Media Contact
Courtney Boone 303.837.5159 courtney.boone@newmont.com
Investor Contact
Eric Colby 303.837.5724 eric.colby@newmont.com
Source: Newmont Corporation