Name of the Project
Tanami expansion 2 gold project.

Location
Australia’s Northern Territory.

Project Owner/s
Gold mining company Newmont Goldcorp.

Project Description
The Tanami mine produces ore from the Callie underground operation.

Currently, ore is trucked from the Tanami underground mine to the surface through a system of declines, which presents challenges in terms of logistics, ventilation and cooling, and the planned expansion of the mine.

The expansion includes the construction of a 1 460 m hoisting shaft, additional capacity in the processing plant, and supporting infrastructure to allow for the profitable recovery of ore to 2 140 m below surface.

The project will increase the capacity of the processing site from 2.6-million tonnes a year to 3.5-million tonnes a year while extending the mine life beyond 2040.

The expansion is expected to increase average gold production by about 150 000 oz/y to 200 000 oz/y for the first five years and is expected to reduce operating costs by about 1%.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Capital Expenditure
Capital costs for the project are estimated to be between $850- and $950-million.

Planned Start/End Date
Commercial production is expected in the first half of 2024.

Latest Developments
Australia-based mine and civil contracting company RUC Cementation Mining Contractors (RUC) – a division of South Africa-based engineering company Murray & Roberts – has been awarded a R2.3-billion shaft lining and equipping contract at the Tanami project.

Key Contracts, Suppliers and Consultants
ABB (design, supply, install and provide long-term services for the mine hoist mechanical and electrical systems) and RUC (shaft lining and equipping contract).

Contact Details for Project Information
Newmont Goldcorp, tel +61 8 8993 8200