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1. • 
     • In November 2019, Saracen Mineral Holdings Ltd purchased Barrick Gold Corporation’s 50% stake in KCGM. In January 2020, Newmont Goldcorp sold its 50% share of the operations to Northern Star Resources Ltd.
     im-mining.com/2021/01/15/kalgoorlies-super-pit-ownership-unification-almost-done-saracen-shareholders-give-ok-merger-northern-star/

     Kalgoorlie's Super Pit ownership ... - International Mining

2. People also ask

   Who owns KCGM?

   • In November 2019, Saracen Mineral Holdings Ltd purchased Barrick Gold Corporation’s 50% stake in KCGM. In January 2020, Newmont Goldcorp sold its 50% share of the operations to Northern Star Resources Ltd. The new KCGM JV was now 100% Australian-owned prior to the latest development of a single owner emerging.

   Kalgoorlie's Super Pit ownership unification almost done as Saracen

   im-mining.com/2021/01/15/kalgoorlies-super-pit-ownership-unification-almost-done-saracen-shareholders-give-ok-merger-northern-star/

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   Does Northern Star own KCGM?

   • As part of the transaction, Northern Star has also been granted an option to acquire Newmont Goldcorp’s 100%-owned power assets, which supply power to KCGM. The KCGM JV owns and operates the Super Pit gold mine in Kalgoorlie-Boulder, Western Australia.

   Northern Star joins Saracen in 50% ownership of Kalgoorlie Super Pit

   www.goldindustrygroup.com.au/news/2019/12/17/northern-star-joins-saracen-in-50-ownership-of-kalgoorlie-super-pit

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   Where is KCGM located?

   • KCGM Operations include the Fimiston open pit (the Super Pit), Mt Charlotte underground mine and the Fimiston and Gidji processing plants, located adjacent to the City of Kalgoorlie-Boulder approximately 600 km east of Perth, Western Australia. In November 2019, Saracen Mineral Holdings Ltd purchased Barrick Gold Corporation’s 50% stake in KCGM.

   Kalgoorlie's Super Pit ownership unification almost done as Saracen

   im-mining.com/2021/01/15/kalgoorlies-super-pit-ownership-unification-almost-done-saracen-shareholders-give-ok-merger-northern-star/

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   Who owns KCGM & Golden Mile?

   • Barrick and Newmont have since remained the equal owners of KCGM and the Golden Mile leases – although in April 2015, Barrick announced it would relinquish its bureaucratic control to Newmont in an effort to streamline future decision-making. Since 1893, the Golden Mile, 550km east of Perth, has produced about 58moz of gold.

   Kalgoorlie’s greatest asset - The Australian Mining Review

   australianminingreview.com.au/features/kalgoorlies-greatest-asset/

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   What does KCGM stand for?

   • The deal means that Kalgoorlie Consolidated Gold mines (KCGM) will change from being a Saracen/Northern Star JV to having one owner.

   Kalgoorlie's Super Pit ownership unification almost done as Saracen

   im-mining.com/2021/01/15/kalgoorlies-super-pit-ownership-unification-almost-done-saracen-shareholders-give-ok-merger-northern-star/

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   What is Kalgoorlie Consolidated Gold Mines (KCGM)?

   • One of Australia’s largest open pit gold mines, Kalgoorlie Consolidated Gold Mines (KCGM) Operations is a world class asset. KCGM Operations include the Fimiston open pit (Super Pit), Fimiston and Mt Charlotte underground mines and the Fimiston and Gidji processing plants.

   KCGM Operations - Northern Star

   www.nsrltd.com/our-assets/kcgm-operations/

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3. www.mining.com › kcgm-from-unloved-asset-toKCGM — from unloved asset to Northern Star’s crown jewel

   www.mining.com › kcgm-from-unloved-asset-to

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   Aug 25, 2024 · A former non-core asset of majors Barrick and Newmont, KCGM, also known as the Super Pit, is set to become Australia’s largest gold operation under the ownership of Northern Star Resources.

4. www.nsrltd.com › our-assets › kcgm-operationsKCGM Operations - Northern Star

   www.nsrltd.com › our-assets › kcgm-operations

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   Kalgoorlie Consolidated Gold Mines Pty Ltd (KCGM) was formed to manage the KCGM Operations owned by joint venture parties Normandy Australia Ltd and Homestake Gold of Australia Ltd.

5. www.goldindustrygroup.com.au › news › 2019/12/17Northern Star joins Saracen in 50% ownership of Kalgoorlie ...

   www.goldindustrygroup.com.au › news › 2019/12/17

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   Dec 17, 2019 · As part of the transaction, Northern Star has also been granted an option to acquire Newmont Goldcorp’s 100%-owned power assets, which supply power to KCGM. The KCGM JV owns and operates the Super Pit gold mine in Kalgoorlie-Boulder, Western Australia.

6. www.mining-technology.com › news › saracenSaracen acquires Kalgoorlie Consolidated Gold Mines for $750m

   www.mining-technology.com › news › saracen

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   Dec 2, 2019 · Saracen Mineral Holdings has completed the acquisition of 50% of Barrick Gold’s stake in Kalgoorlie Consolidated Gold Mines (KCGM) in Western Australia for $750m in cash. Located adjacent to the town of Kalgoorlie, the mine is around 600km east of Perth.

7. im-mining.com › 2020/08/19 › kcgm-super-pitKCGM Super Pit transformation under ... - International Mining

   im-mining.com › 2020/08/19 › kcgm-super-pit

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   Aug 19, 2020 · In November 2019, Saracen Mineral Holdings Ltd purchased Barrick Gold Corporation’s 50% stake in KCGM. In January 2020, Newmont Goldcorp sold its 50% share of the operations to Northern Star Resources Ltd. The new KCGM JV was now 100% Australian-owned.

8. australianminingreview.com.au › featuresKalgoorlie’s greatest asset - The Australian Mining Review

   australianminingreview.com.au › features

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   Jul 16, 2015 · Barrick and Newmont have since remained the equal owners of KCGM and the Golden Mile leases – although in April 2015, Barrick announced it would relinquish its bureaucratic control to Newmont in an effort to streamline future decision-making. Since 1893, the Golden Mile, 550km east of Perth, has produced about 58moz of gold.