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Telfer is one of two gold mines Newcrest currently operates in Australia, the other being Cadia in New South Wales. [ 6 ] In the 2019–2020 financial year, the Telfer mine produced 12.2 tonnes (393,164 troy ounces) of gold, 16,000 tonnes (35 million pounds) of copper and 5.1 tonnes (164,000 troy ounces) of silver.
Pascua Lama accommodation blocks under construction, 2010 Road maintenance at Pascua Lama, May 2012. The mining project is organized by the Barrick Gold corporation, which planned in 2006 to invest US$1.5 billion over 20 years in it [11] and projects an annual output of 750,000 ounces of gold and 30 million ounces of silver in the first five years.
The mine has the potential to become the largest gold mine in Australia, with expected average production of 800,000 ounces (23,000 kg) of gold per year. Ridgeway is a large underground gold and copper mine being developed by Newcrest. In its first full year of operation and metal production of 377,539 ounces (10,703.1 kg) of gold was in line ...
Kerr-Sulphurets-Mitchell (KSM) is an active mine exploration project 65 km northwest of Stewart, British Columbia (1,545 km northwest of Vancouver, British Columbia). [1] [2] The property is 100% owned by Toronto-based Seabridge Gold. Denver-based royalty company Royal Gold owns a 2% net smelter return royalty on the mine. Since May 2011, the ...
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In northern Peru, the World Bank's business-lending arm is part owner of the Yanacocha gold mine, accused by impoverished farming communities of despoiling their land in pursuit of the precious ore. The bank and IFC have stepped up investments in projects deemed to have a high risk of serious and environment damage, including oil pipelines, mines and even coal-fired power plants, an ...
The Solwara 1 Project is located at 1600 metres water depth in the Bismarck Sea, New Ireland Province. [22] It will be the world's first deep sea mining project, with first production expected in 2013. [22] [23] The resource is high grade copper-gold resource and the world's first Seafloor Massive Sulphide (SMS) resource. [22]
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