Monday, October 28th, 2019
Newmont Goldcorp has moved the second expansion project at the Tanami gold mine in Australia’s Northern Territory into the execution phase. The expansion project is proposed to increase Tanami’s mine life beyond 2040. It is anchored on the expansive Auron deposit, which was discovered in 2008, and is located beneath the original Callie orebody.
Tanami’s expansion includes construction of a 1460-metre shaft, additional capacity in the processing plant and supporting infrastructure to enable recovery of ore at a depth to 2140 metres below surface.
“The approval of our second expansion project at Tanami in Australia will further improve costs and extend the life of this world class mine in a core Newmont Goldcorp jurisdiction,” Newmont president and chief executive Tom Palmer said in a statement
“Building on the success of the first expansion completed in 2017, Tanami Expansion Two will provide a platform to further explore the area’s prolific mineral endowment and potentially extend the operation’s mine life beyond 2040.”