Newmont, Barrick Each to Spend More than $1 Billion in 2017 as Prices Recover; Both Eye Nevada for Gold

SUGAR LAND--April 26, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Higher gold and copper prices in first-quarter 2017 gave two leading mining companies, Barrick Gold Corporation (NYSE:ABX) (Toronto, Ontario) and Newmont Mining Corporation (NYSE:NEM) (Greenwood Village, Colorado), some fairly strong results following years of challenging market conditions and deep cost cuts. Each expects to see capital expenditures of more than $1 billion this year, with North American activity frequently centered in Nevada. Industrial Info is tracking $7.58 billion in projects related to Barrick, and $8.19 billion related to Newmont.

Within this article: Details on some of Barrick and Newmont's highest-profile projects in the U.S. and Australia.