New Gold Mines Under Construction Total $5 Billion, an Industrial Info Market Brief

Newmont Mining Corporation (NYSE: NEM) (Denver, Colorado) just announced the beginning of mining operations at its newest gold mine, the Twin Creeks Gold Mine in Nevada. This is one of many new gold mines being built worldwide. Currently, there is more than $5 billion worth of new gold mines under construction worldwide, according to Industrial Info. Leading countries for gold mine construction include China, Russia, Australia and Canada.