The Prospector News

Newmont Completes Acquisition of Properties to Support Land Use Planning in Tahltan Territory

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Newmont Completes Acquisition of Properties to Support Land Use Planning in Tahltan Territory

 

 

 

 

 

Acquisition Intended to Protect and Conserve Lands Near Iskut

 

Newmont Corporation (NYSE:NEM) (TSX:NGT) is announcing that it has closed a transaction with Skeena Resources Limited to acquire certain properties located in Tahltan Territory in northwestern British Columbia.

 

Newmont will work in collaboration with the Tahltan Nation, the Iskut community and the British Columbia government to make available portions of the acquired properties to support the land use planning objectives of the Tahltan Nation and the Iskut community.

 

“We are committed to sustainable resource development and developing a world class mining jurisdiction while protecting and conserving lands that are important to the Tahltan Nation and the Iskut community,” said Newmont President and CEO Tom Palmer. “The mining claims around Iskut are not being purchased for development or their mineral potential, but in an effort to address concerns raised through our engagement with the Tahltan Nation.”

 

In 2021, Newmont acquired the Saddle North deposit through the acquisition of GT Gold Corporation. At the time of acquisition, the Company recognized and continues to acknowledge the need for Tahltan consent to advance the project.

 

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.

 

Posted June 2, 2022

Share this news article

MORE or "UNCATEGORIZED"


Newmont Announces Sale of the Coffee Project for up to $150 Million

Newmont Corporation (NYSE: NEM) (TSX: NGT) (ASX: NEM) (PNGX: NEM... READ MORE

September 15, 2025

FREEMAN GOLD DRILLS 0.37 G/T AU OVER 120.4 METRES INCLUDING 0.85 G/T AU OVER 41.2 METRES NEAR SURFACE AT THE LEMHI GOLD PROJECT

Freeman Gold Corp. (TSX-V: FMAN) (OTCQB: FMANF) (FSE: 3WU) is pl... READ MORE

September 15, 2025

Kobo Resources Closes Second and Final Tranche of the Upsized Non-Brokered Private Placement for Gross Proceeds of Over $3.96 Million

Kobo Resources Inc. (TSX-V: KRI) is pleased to announce that it h... READ MORE

September 15, 2025

First Nordic and Mawson Announce Merger to Create a Leading Nordic-Focused Gold Development and Exploration Company

First Nordic Metals Corp. (TSX-V: FNM) (FNSE: FNMC SDB) (OTCQX: F... READ MORE

September 15, 2025

First Phosphate Closes Follow-On Tranche of Oversubscribed Private Placement

First Phosphate Corp. (CSE: PHOS) (OTCQX: FRSPF) (FSE: KD0) is ... READ MORE

September 15, 2025

Copyright 2025 The Prospector News