Two Newmont development projects nearing completion

The two gold development projects that US-based miner Newmont Goldcorp has earmarked up to $150-million for this year, are nearing completion and will reach commercial production before the end of 2019.

The Ahafo mill expansion, in Ghana, and the Quecher Main project, in Peru, will both achieve commercial production in the fourth quarter, Newmont Goldcorp affirmed in its first-quarter results announcement on Thursday.