RTTNews | Oct 5, 2021 07:54AM EDT

07:53 Tuesday, October 5, 2021 (RTTNews.com) - Newmont Corporation (NEM, NGT.TO) said it delivered the gold industry's first Autonomous Haulage System (AHS) fleet at Boddington, Western Australia's largest gold producer. Newmont has invested $150 million in Boddington's AHS project to transition to a fully autonomous haulage fleet of 36 trucks.

Newmont noted that it faced several challenges during commissioning the project, including unusually severe weather and heavy rainfall. As a result, Boddington delivered lower ex-pit tons than expected, with full-year 2021 gold production anticipated to be approximately 140 thousand ounces below original guidance estimates of 830 thousand ounces.

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