Newmont transfers Boddington GM to Peñasquito

Colorado-based gold mining company Newmont will transfer its Boddington gold and copper mine GM, Jim Cooper, from Australia to Mexico in the first quarter of this year to optimise its civil action-plagued Peñasquito openpit mine to improve productivity, lower costs and extend mine life. Newmont has identified additional upside from four key focus areas for 2020, which could collectively deliver more than $200-million dollars in additional value.