Strong start to Newmont-Saracen JV at Kalgoorlie Super Pit

New joint venture (JV) partners Newmont Goldcorp and Saracen Mineral Holdings have initiated several management initiatives at Kalgoorlie Consolidated Gold Mines (KCGM), which owns and operates the Super Pit, in Western Australia.

The companies became JV partners in KCGM last week, when Saracen concluded the $750-million acquisition of Barrick Gold’s 50% interest in the mine.