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Arturo gold mine project, US

27th June 2014

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name and Location
Arturo gold mine project, Nevada, US.

Client
Barrick-Dee Mining Venture, comprising Barrick Gold (60% and operator of the mine) and Goldcorp (40%).

Project Description
The proposed Arturo mine project is an expansion of the existing Dee gold mine, which currently is in reclamation and closure.

The project comprises:
• the expansion of the existing openpit;
• the construction of two new waste-rock disposal facilities (WRDFs) – the East and West WRDFs;
• the construction of a new heap-leach pad (heap-leach pad No 12) and associated gold processing facilities;
• upgrading and realigning segments of the Bootstrap haul road, including light-vehicle access;
• the construction and/or relocation of support facilities, including office buildings and a communication site;
• the construction and installation of a new power transmission line; and
• continued surface exploration within the project area.

The construction and operation of the proposed openpit, WRDFs and heap-leach pad will permanently alter the natural topographic and geomorphic features over an estimated 859 ha, including 243 ha of openpit that will not be reclaimed.

The WRDFs and heap-leach pad will be reclaimed, but will alter the topography and geomorphology at the mine site.

Other temporary facilities, including an estimated 263 ha of stockpiles, process facilities, ancillary facilities and haul roads will be reclaimed to the approximate premining topography and will, therefore, not permanently alter the natural topography and geomorphic features.

Value
Not stated.

Duration
Mine operations will begin within eight months of construction start-up, and will continue for about eight years, depending on mining and economic conditions.

Ore processing will continue for an additional two years beyond the end of mining operations, to the extent that possible reclamation will occur concurrently with mining operations.

Final reclamation will be completed during a four-year period following cessation of mining closure and reclamation activities.

Latest Developments
The Bureau of Land Management’s Tuscarora field office approved the Barrick-Dee Mining Venture’s proposed Arturo mine in May this year.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Barrick Gold investor relations, tel +1 416 861 9911 or email investor@barrick.com.
Goldcorp, tel +1 604 696 3000, fax +1 604 696 3001 or email info@goldcorp.com.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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