https://www.miningweekly.com
Construction|Gold|PROJECT|Underground|Equipment|Operations
Construction|Gold|PROJECT|Underground|Equipment|Operations
construction|gold|project|underground|equipment|operations

Barrick says new Nevada mine gets go-ahead

11th December 2023

By: Creamer Media Reporter

     

Font size: - +

The US Bureau of Land Management has approved Nevada Gold Mines’ (NGM’s) plan of operations for its new Goldrush underground mine, at the Cortez complex, paving the way for the mine ramp-up to start next year.

Goldrush will produce 130 000 oz in 2024 and will grow to about 400 000 oz/y by 2028, Barrick Gold said on Monday.

Barrick and NGM have invested more than $370-million in the project to date and the company anticipates spending a total of $1-billion (100% basis) to get to planned production.

Barrick said recruitment is being ramped up and the delivery of production equipment is on track. Goldrush will create about 500 jobs during construction and 570 new jobs during operations.

Barrick president and CEO Mark Bristow says the addition of Goldrush will not only expand an asset base that already hosts three tier-one mines, but is a clear indication of the Cortez complex’s enormous potential for continuing growth.

NGM, majority-owned and operated by Barrick Gold, is the world’s largest gold production complex.

 

Edited by Creamer Media Reporter

Comments

 

Showroom

Rentech
Rentech

Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...

VISIT SHOWROOM 
SBS Tanks
SBS Tanks

SBS® Tanks is a leading provider of innovative water security solutions with offices in Southern Africa, East and West Africa, the USA and an...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Mining Weekly Editor Martin Creamer
Copper shares soar and green hydrogen goes digital
26th April 2024
Magazine cover image
Magazine round up | 26 April 2024
26th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.159 0.195s - 93pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: