Tag: mining profitability calculator

How the moon mining industry is being driven out of business

Mining is a dying industry.That’s the conclusion of a report released Thursday by the National Mining Association, which says that the industry’s mining profitability has been “in tatters” for more than a decade.The report said the industry has lost roughly 40 percent of its mining workforce since the 1970s, when the government mandated the creation…



What is Newmont Mining?

Newmont is a mining company based in Newmont, Massachusetts.The company’s mining division has more than $5 billion in assets under management.It is a division of private equity firm Blackstone Group Inc. It operates in New England, and in New Mexico, Arizona, and California.The Newmont shares were trading at $1.70 at the close of trade on…