Precious Metals

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

Gold Springs Resource Demonstrates Extension of Gold Mineralization of its South Jumbo Resource

Gold Springs Resource Demonstrates Extension of Gold Mineralization of its South Jumbo Resource

Gold Springs Resource Corp. (TSX:GRC)(OTCQB:GRCAF) (the "Company" or "GRC"), has received assays from the final drill holes at South Jumbo as part of the 2022 drill campaign on its large Gold Springs project located in USA, on the border of Nevada and Utah, one of the best mining jurisdictions in the world.

Highlights include:

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Barrick Supports Flood Relief in Balochistan

All amounts expressed in US dollars.

Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) is contributing $150,000 to Balochistan's Provincial Disaster Management Authority (PDMA) to support its relief efforts in the wake of unprecedented floods in the region. Remote communities in the province were hardest hit by the heavy monsoon rains which killed more than 500 people in Pakistan.

News Provided by GlobeNewswire via QuoteMedia

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a fork in the road

Inflation High, Markets Volatile — Experts Talk Strategies for Navigating Tough Times

Markets got a mid-August bump after July’s US Consumer Price Index (CPI) data showed inflation slowed to 8.5 percent during the seventh month of the year.

After breaching a 41 year high of 9.1 percent in June, lower energy costs and better-than-expected job additions drove inflation lower for the first time since June 2020.

The positive news pushed all of North America’s major markets higher as many speculated that with easing inflationary pressures US Federal Reserve will be less likely to raise interest rates by another 75 basis points.

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"great reset" button on keyboard

VIDEO — Andy Schectman: How a Great Reset Happens and What it Means for Gold

Andy Schectman: How a Great Reset Happens and What it Means for Goldyoutu.be

Andy Schectman, president of Miles Franklin, has been watching the trend toward de-dollarization for years, and he believes the world is approaching an inflection point.

Speaking to the Investing News Network at the Rule Symposium, he ran through a number of announcements that together point toward a global reset that could end the US dollar's dominance.

"I've been watching things unfold really since 2017 in a line that has got me very concerned about where we are ultimately heading, and it all centers around de-dollarization," Schectman explained.

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Wheaton Precious Metals Announces Second Quarter Results for 2022

Designated News Release
SECOND QUARTER 2022 FINANCIAL RESULTS

"Throughout the first half of 2022, we have focused on optimizing our portfolio and further enhancing our financial flexibility in order to ensure that we are well positioned to respond to accretive growth opportunities and continue creating value for our shareholders," said Randy Smallwood President and Chief Executive Officer of Wheaton Precious Metals. "While not without its challenges, our diverse portfolio once again delivered strong operating cash flow and an attractive dividend yield, highlighting the resiliency of the streaming model to the inflationary pressures currently being felt across the global economy. Furthermore, we are pleased with our continued progress and leadership on sustainability initiatives as highlighted in our third annual Sustainability Report."

News Provided by Canada Newswire via QuoteMedia

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Wheaton Precious Metals Announces Second Quarter Results for 2022

Designated News Release
SECOND QUARTER 2022 FINANCIAL RESULTS

"Throughout the first half of 2022, we have focused on optimizing our portfolio and further enhancing our financial flexibility in order to ensure that we are well positioned to respond to accretive growth opportunities and continue creating value for our shareholders," said Randy Smallwood President and Chief Executive Officer of Wheaton Precious Metals. "While not without its challenges, our diverse portfolio once again delivered strong operating cash flow and an attractive dividend yield, highlighting the resiliency of the streaming model to the inflationary pressures currently being felt across the global economy. Furthermore, we are pleased with our continued progress and leadership on sustainability initiatives as highlighted in our third annual Sustainability Report."

News Provided by Canada Newswire via QuoteMedia

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