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Tanami Reaches Commercial Production
Newmont Mining's Tanami expansion project, which included a second decline and incremental capacity at the processing plant, has achieved commercial production safely, on schedule and at budget, the company said. The expansion is expected to increase Tanami's annual gold production by 80,000 ounces per year (oz/y) to between 425,000 oz/y and 475,000 oz/y of gold, lower all-in sustaining costs to between $700/oz and $750/oz, and extend the mine life by three years. Tanami's team has more than doubled gold production while cutting costs by about two-thirds and significantly improving resource confidence since 2012.
Tanami Reaches Commercial Production
Newmont Mining's Tanami expansion project, which included a second decline and incremental capacity at the processing plant, has achieved commercial production safely, on schedule and at budget, the company said. The expansion is expected to increase Tanami's annual gold production by 80,000 ounces per year (oz/y) to between 425,000 oz/y and 475,000 oz/y of gold, lower all-in sustaining costs to between $700/oz and $750/oz, and extend the mine life by three years. Tanami's team has more than doubled gold production while cutting costs by about two-thirds and significantly improving resource confidence since 2012.
Tanami Reaches Commercial Production
2017
Article (Journal)
English
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