Construction of our Long Canyon project in Nevada is 65 percent complete and continues on schedule and on budget.
The project is expected to deliver new, profitable gold production beginning in the first half of 2017 and will benefit from synergies with our existing Nevada operations.
Last year, Newmont celebrated 50 years of gold production from the Carlin Trend and Long Canyon represents the potential to develop Nevada’s newest gold producing district.
In 2015, Newmont advanced five profitable development projects in the US, Australia and Suriname, all while lowering net debt by 19 percent and adding five million ounces of gold reserves through the drill bit. Together these projects will add up to one million ounces at competitive costs.
To learn more about Long Canyon and our other projects please visit our website.