Skip to main content

Site visit at Nevada Gold Mines complex

Published by , Editorial Assistant
Global Mining Review,


The new Nevada Gold Mines complex is hosting a group of analysts for their first site visit since the formation of the Barrick/Newmont Goldcorp joint venture at the beginning of July 2019.

The complex represents the single largest gold producing operation in the world and includes three Tier 1 mines. In an announcement earlier this week, Barrick reported a new discovery hole4 approximately 2 km from the best drilling intercept at its Fourmile project in Nevada and said this pointed to the potential for at least one more Tier 1 gold mine through the combination of Fourmile with the nearby Goldrush development project. Fourmile was not included in the recent combination of Nevada assets but the company has the right to bring it into the joint venture for fair market value provided certain agreed investment criteria are met.

Barrick President and Chief Executive Mark Bristow and Nevada Gold Mines executive managing director, Greg Walker, welcomed the analysts to the operations. The benefits of combining the assets and infrastructure in Northern Nevada will be showcased in a presentation by the Nevada team to the visitors today.

The 3 day tour includes visits to the third shaft and autoclave facility of the now combined Turquoise Ridge and Twin Creeks, the Cortez Hills underground mine including Deep South and processing facilities at Carlin.

Read the article online at: https://www.globalminingreview.com/mining/20092019/site-visit-at-nevada-gold-mines-complex/

You might also like

 EnviroTech

Ready to revolutionise the cement industry?

Join our sister publication, World Cement, in Lisbon, 10 – 13 March 2024, for their first in-person conference and exhibition: EnviroTech.

This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.

Get your early bird tickets NOW »

 

Ivanhoe Mines to quadruple 2024 exploration budget

Ivanhoe Mines Founder and Executive Co-Chair Robert Friedland and President Marna Cloete have announced that the company is increasing its group exploration activities and budget for 2024.

 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

US mining news Gold mining news