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Jack H. Morris's Going for Gold: The History of Newmont Mining Corporation PDF

By Jack H. Morris

ISBN-10: 0817316779

ISBN-13: 9780817316778

ISBN-10: 081735901X

ISBN-13: 9780817359010

A Fortune 500 corporation as a pioneer of present gold-mining technology

Jack H. Morris information how Newmont Mining revolutionized the gold mining and continues to be this present day the second one greatest gold miner on the earth. He asserts that Newmont is the hyperlink among early gold mining and today’s technology-driven undefined. We learn the way the company’s founder and several other early leaders grew up in gold camps and the way, in 1917, the corporate helped finance South Africa’s greatest gold corporation and later owned recognized gold mines in California and Colorado. within the Nineteen Sixties the corporate constructed the method to catch “invisible gold” from small distributions of the steel in huge amounts of rock, thereby establishing up the wealthy gold box at Carlin, Nevada.


Modern gold mining has the entire pleasure and old value of the metal’s colourful earlier. rather than panning for prepared nuggets, today’s company miners needs to face heavy odds via extracting price from ores containing as low as one-hundredth of an oz in step with ton. In often-remote destinations, the place the capital fee of a brand new mine can most sensible $2 billion, 250-ton vehicles move slowly from part mile deep pits and ascend, beetle-like, loaded with ore for extraction of the minute amounts of gold locked inside.


Morris had distinctive entry to corporation documents and the cooperation of greater than eighty executives and staff of the company, however the corporation exercised no keep watch over over content material. the writer tells a narrative of discovery and medical leap forward; strong-willed, flamboyant leaders like founder Boyce Thompson; company raiders equivalent to T. Boone Pickens and Jimmy Goldsmith; shakedowns via the Indonesian executive and enormous battles with the French over the richest mine in Peru; and studying to function within the current environmental regulatory weather. this can be a attention-grabbing tale of the steel that has ignited passions for hundreds of years and now sells for almost $1,000 an ounce.

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Going for Gold: The History of Newmont Mining Corporation by Jack H. Morris

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