Newmont and JV Partners Achieve Key Integration Milestone At Agua Rica And Alumbrera

Project Integration Allows for Agua Rica and Alumbrera Partners to Leverage Synergies as The MARA Project

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 Musselwhite mine visit www.newmont.com .

Media Contact
Courtney Boone 303.837.5159 courtney.boone@newmont.com

Investor Contact
Eric Colby 303.837.5724 eric.colby@newmont.com

News Provided by Business Wire via QuoteMedia

The Conversation (0)
Quarterly Activities and Cashflow Report - December 2025

Quarterly Activities and Cashflow Report - December 2025

Asara Resources (AS1:AU) has announced Quarterly Activities and Cashflow Report - December 2025Download the PDF here. Keep Reading...
Gold bars and silver coins scattered on a surface.

Gold Price at New Record Over US$4,900; Silver Surges to All-time High Above US$96

Gold and silver prices are skyrocketing as investors flock to safe-haven assets.The spot price of gold rose as high as US$4,924.29 per ounce on Thursday (January 22), even as US President Donald Trump walked back his threats to take over Greenland by force in his Davos speech. That's because... Keep Reading...
Three gold bars on price chart with magnifying glass.

What Was the Highest Price for Gold?

Gold has long been considered a store of wealth, and the price of gold often makes its biggest gains during turbulent times as investors look for cover in this safe-haven asset.The 21st century has so far been heavily marked by episodes of economic and sociopolitical upheaval. Uncertainty has... Keep Reading...
Interpol badge and U.S. currency spread out on a surface.

Interpol-Backed Operation Nets 198 Arrests in South America’s Illegal Gold Trade

Police across four South American jurisdictions have carried out their first coordinated cross-border operation against illegal gold mining, arresting nearly 200 suspects and seizing cash, gold, mercury and mining equipment.The operation, known as Guyana Shield, brought together law enforcement... Keep Reading...

Interactive Chart

Latest Press Releases

Related News