Meet man whose company is behind world’s largest gold mining operation, it extracted 155922 kilograms of gold worth Rs…, the name is…
In 2022, the company extracted a staggering 5.5 million ounces (approximately 155,922.4 kilograms) of gold. At current market rates, this amount of gold is worth around Rs.1.15 lakh crore (approximately USD 14 billion).
Gold mining is a huge industrial, with several companies digging deep into the earth to extract this treasured steel. But one firm stands above the leisure—Newmont Corporation, the arena’s biggest gold mining firm. Founded in 1921 by William Boyce Thompson, Newmont has grown into a world big within the mining industrial. At the fresh time, Tom Palmer serves because the firm’s President and CEO, main operations across four continents.
In 2022, Newmont extracted a staggering 5.5 million ounces (roughly 155,922.4 kilograms) of gold. At fresh market rates, this amount of gold is price around Rs.1.15 lakh crore (roughly USD 14 billion).
Where does all this gold reach from?
Newmont’s gold mines are unfold across a couple of worldwide locations, at the side of:
- United States (Nevada, Colorado)
- Canada (Ontario, Quebec)
- Mexico
- Dominican Republic
- Australia
- Ghana
- Argentina
- Peru
- Suriname
But gold isn’t the very best cherish Newmont extracts. The firm also mines copper, silver, zinc, and lead, making it a vital participant within the arena mining industrial.
Identified for sustainability
Mining is often criticized for its environmental affect, but Newmont has earned praise for its efforts to scale again carbon emissions. It used to be even acknowledged by TIME Journal because the particular-performing mining firm in the case of decarbonization efforts.
With its big gold manufacturing and dedication to sustainability, Newmont continues to dominate the gold mining industrial. Who knew that lots wealth used to be being pulled straight from the earth?
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