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Tanami expansion 2 gold project, Australia

13th December 2019

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Tanami expansion 2 gold project.

Location
The project is located in Australia’s Northern Territory.

Project Owner/s
Newmont Goldcorp.

Project Description
The expansion includes construction of a 1 460 m 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 provide a platform to further explore the area’s prolific mineral endowment and potentially extend the operation’s mine life beyond 2040.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Capital Expenditure
Not stated.

Planned Start/End Date
Not stated.

Latest Developments
The project has been approved to enter into the execution phase.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

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

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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