Process Solutions

New Crusher Design Combines Low Profile With High Output A new crusher recently unveiled by thyssenkrupp is expected to “revolutionize” material processing in both underground and surface...

Resource Center Whitepapers, Videos, Case Studies

Mining Markets

Zinc Outlook for 2018 The International Lead and Zinc Study Group (ILZSG) held its 62nd Session in Lisbon, Portugal on October 26-27. The session included a meeting of the group’s statistical and...
More inMarkets  

Mining Operations & Strategies

Vale Predicts $70M in Savings From New IT System Initiative In a bold initiative that reflects the modern mine-as-a-factory concept, Brazil-based Vale is in the latter stages of deploying a new...

Suppliers Report

Metso Presents Latest Innovations at Perumin 2017 Last month at Perumin in Arequipa, one of the main mining exhibitions in Latin America, Metso introduced its latest innovations for exceeding the...
More inSuppliers Report  

Mining Equipment Gallery

Large Excavator Design Extends Service Life by Half SANY launched the SY395H and the SY750H large excavators, designed for mine construction. The two models improve efficiency by 8%-10% over...

New Title Documents Newmont’s Role in the Modern Gold Era


A new book on the history of Newmont Mining Corp. details the evolution of the company that gave birth to the modern gold industry. As told by Jack H. Morris, a former Wall Street Journal reporter and Newmont insider, Morris recounts the prowess and challenges faced by one of the world’s oldest mining companies.

Going for Gold: the History of Newmont Mining Corporation traces the company’s history from its turn of the century creation by a wealthy Wall Street executive to its leadership in every facet of modern mining— exploration, technology, legal theory, finance and more recently, environmental stewardship and corporate social responsibility. Along the way, Newmont has survived dramatic encounters with corporate raiders such as T. Boone Pickens and Jimmy Goldsmith, an epic battle with the French over control of South America’s largest gold mine, issues with the Indonesian government and at times unrelenting pressure from anti-mining activists. The book profiles how the company prospered during the Great Depression by buying the most famous gold mines in California; how it contributed to the production of strategic metals such as lead and zinc during World War II; and how it became one of the world’s largest copper producers and then turned back to gold once the government lifted price controls on the metal in 1972. The company’s ability to adapt to changing economic and political circumstances has been a hallmark of Newmont’s success over the decades.

Morris also provides an insider’s look at Newmont’s acquisitions including Santa Fe Pacific Gold, Franco-Nevada and Normandy Mining, while also exploring the issues that twice prevented a merger with Barrick Gold.

The discovery of submicroscopic or “invisible” gold at Carlin, Nevada, in 1963 earned Newmont a permanent place in mining history. The discovery, writes Nevada State Geologist Jonathan Price, “is one of the most significant events in worldwide mining,” as Newmont became the first to see and uncover the potential of massive, low-grade gold deposits.

Morris, a former vice president of investor relations at Newmont, had unique access to the company’s documents and people, interviewing more than 80 Newmont officers and employees. Sensitive about objectivity, he insisted on working at arm’s length from Newmont, which exercised no control over the book’s content.

“What makes Going for Gold unique is that decisionmakers were able to speak candidly about transforming events without going through a PR filter,” says Morris. For more information, to order a copy of the 395-page book from Going for Gold: the History of Newmont Mining Corporation, visit the University of Alabama Press.

(www.uapress.ua.edu)

From the Editor

A Trustworthy Voice As this edition of Engineering & Mining Journal (E&MJ) was going to press, the top lawyers from Google, Facebook and Twitter had testified before a U.S. Senate Intelligence Committee. They were trying to explain how internet trolls had used their social media platforms to spread misinformation in the months leading up to the...
More inFrom The Editor  

Exploration Roundup

Ivanhoe Continues to Add Resources at Kamoa-Kakula Project in DRC Ivanhoe Mines has reported positive results from ongoing exploration drilling at the Kabuli West area of its Kamoa-Kakula copper...

This Month in Coal Mining

MEC, Bowie Partner to Create Canyon Consolidated Resources Murray Energy Corp. (MEC), Bowie Resource Partners, Javelin Global Commodities, and Grupo CLISA have agreed to form a strategic partnership called...