Newmont Expanding Tanami Gold Production

Newmont Mining has announced plans to expand its underground Tanami gold mine in Australia’s Northern Territory by opening a second decline to the mine and increasing plant throughput capacity. The project will lift Tanami gold production by approximately 80,000 ounces per year (oz/y) to between 425,000 and 475,000 oz/y at all-in sustaining costs of between $700 and $750/oz during its first five years of operation. First commercial production from the expansion is scheduled for the second half of 2017.

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OZ Reports Encouraging Results From Hydromet Demo Testing

Earlier this year, OZ Minerals announced it was undertaking a number of initiatives to improve the medium to long-term value of its Carrapateena copper assets. One of those initiatives was the progression of a Hydromet demonstration plant following successful testing of the process in 2014, to verify scalability to full production.

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Atlas Iron Conducting PFS for New Pilbara Mine

Atlas Iron has initiated a prefeasibility study (PFS) into the development of a low-cost iron ore mine at its Corunna Downs project 40 km east of its Mount Webber mine in the Pilbara region of Western Australia. Field work is under way to deliver the PFS in December 2015, with the aim of first exports in 2017.

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