Milestone reached two years after commercial output began
Newmont has poured its one millionth ounce at the Merian mine in Suriname
The milestone comes two years after commercial production started on October 1, 2016, when the mine was built on time and around 20% under budget for US$525 million.
This year, the company completed the second phase of the mine, including the construction of a primary crusher to process harder ore as the mine gets deeper, on time and within budget.
The Merian mine has a mine life of about 15 years.
Newmont's shares dropped 0.56% Wednesday to $32.11 per share.
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