Newmont withdraws from Queensland project

NEWMONT Mining has chosen to withdraw from the Mount Isa joint venture with Hammer Metals.

Newmont withdraws from Queensland project Newmont withdraws from Queensland project Newmont withdraws from Queensland project Newmont withdraws from Queensland project Newmont withdraws from Queensland project

Hammer's Queensland ground

The US$10.5 million JV over Hammer's Overlander, Even Steven and Dronfield iron oxide-copper-gold targets was signed in late 2015, with Newmont having the potential to earn up to 80%.