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Newmont sells NZ gold mine for $106 million

Newmont Mining (NYSE:NEM) has sold its only mine in New Zealand, the Waihi gold mine, to OceanaGold (TSX, ASX:OGC), the companies announced last Thursday.

On the hunt for illegal miners as a new gold rush hits

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Newmont sells NZ gold mine for $106 million

Newmont Mining (NYSE:NEM) has sold its only mine in New Zealand, the Waihi gold mine, to OceanaGold (TSX, ASX:OGC), the companies announced last Thursday.

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The Martha project was the first major hard rock mining operation to be commissioned following the resurgence of the gold mining industry in New Zealand in the late.

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Illegal gold prospecting concern

The Department of Conservation has seized equipment found at two illegal gold sluicing sites in the Glenhope Scenic Reserve in recent weeks, and is reminding the public only approved gold prospecting is allowed in conservation areas.

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Sluice Boxes

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Gold Panning in New Zealand , that New Zealand truly found its place on the 19th Century gold mining map Although some New Zealand gold was located in hard.

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