Newmont Mining Corp moves forward with new gold mine

Newmont Mining Corp. will soon commence the first phase of its Long Canyon gold mine in northeastern Nevada, the company said April 8.The first phase, which consists of an open pit mine and heap leach operation, is expected to produce between 100,000 ounces and 150,000 ounces of gold over an eight-year period, the Denver-based publicly traded company said. Once in operation, Long Canyon Phase 1 is expected to directly employ 260 people. First commercial production is expected in the first half o