Newmont Mining on Monday became the latest of the world’s biggest gold miners to invest in Canada’s Yukon territory, the site of a famous gold rush 120 years ago, as miners hunt for rich, new deposits in safe regions.
US-based Newmont, the world’s No 2 gold producer, unveiled an agreement with small explorer Goldstrike Resources to spend $39.5-million to explore and develop Goldstrike’s Plateau property, in the Yukon.