May 17, 2020

[SLIDESHOW] Inside Newmont Mining's Carlin Trend Mine

Newmont Mining
Operations
Slideshow
Gold
Admin
2 min
[SLIDESHOW] Inside Newmont Mining's Carlin Trend Mine
Newmont Mining Corporationis one of the largest mining companies in the world. For over 50 years the company has been working in Nevada along a 100-mile...

Newmont Mining Corporation is one of the largest mining companies in the world. For over 50 years the company has been working in Nevada along a 100-mile stretch of highway in the northern section of the state known as the Carlin Trend Operations.

Opened in 1985, the company’s Gold Quarry section is currently Newmont’s largest open pit on the Carlin Trend and considered the most prolific goldfield in the Western hemisphere. 

With 11 open-pit and eight underground mines and 13 processing facilities in Nevada, Newmont Mining’s Nevada properties are an integrated unit that boost the widest variety of processing methods of any gold mining complex in the world. 

Take a look at some of the largest open-pit gold mine complexes in the United States. 

Gold Quarry pit at Newmont Mining's Carlin gold mine operation near Elko, Nevada. (Sourced: Reuters)

Newmont Mining haul truck (Sourced: Reuters)

 Blast holes explode at the Silverstar pit at Newmont Mining's Carlin gold mine operation. (Sourced: Reuters)

The Gold Quarry pit at Newmont Mining's Carlin gold mine operation. (Sourced: Reuters)

Workers drill for underground samples at Newmont Mining's Carlin gold mine operation. (Sourced: Reuters)

A geologist for Newmont Mining looks over rock chip samples from exploration drilling at the future Long Canyon gold mine site. (Sourced: Reuters)

A Newmont Mining water truck travels alongside a regular pickup truck at Newmont's Carlin gold mine operation. (Sourced: Reuters)

Senior refinery technician pours liquid gold to form gold dore bars at Newmont Mining's Carlin gold mine operation. (Sourced: Reuters)

A chemical slurry, with sub-microscopic gold on the surface of the bubbles, flows through a tank at Mill 5 at Newmont Mining's Carlin gold mine operation. (Sourced: Reuters)

Liquid gold is poured to form gold dore bars at Newmont Mining's Carlin gold mine operation. (Sourced: Reuters)

A refinery technician slides hot gold dore bars across a table at Newmont Mining's Carlin gold mine operation. (Sourced: Reuters)

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Dec 16, 2020

Zimbabwe targets £8.8bn mining industry by 2023

Zimbabwe
exploration
Gold
Dominic Ellis
3 min
Government plans to fast-track exploration, evaluation and digitalisation of selected reserved mining areas
Government plans to fast-track exploration, evaluation and digitalisation of selected reserved mining areas...

Zimbabwe’s government plans to fast-track exploration, evaluation and digitalisation of selected reserved mining areas under the Ministry of Mines and Mining Development as part of wider measures to achieve a £8.8 billion mining industry by 2023, according to a senior government minister.

Information Minister Monica Mutsvangwa said other plans include stopping the issuance of special grants in the reserved areas under the Ministry of Mines and Mining Development until the exploration and evaluation is complete and a robust value addition program for diamonds is implemented. 

Mutsvangwa was speaking at a post-cabinet media briefing on December 15.

She adds that the issuance and renewal of special grants for energy should also be based on the financial and technical capacity to value add all types of coal, as well as for ideal exploration of Coal Bed Methane.

For renewal of special grants, consideration should take into account the period the Special Grant has been held as well as plans with milestones for value addition of the special grant, Mutsvangwa says. She adds that the Zimbabwean government expects gold to drive the mining sector in order to achieve the ambitious target, with the precious metal expected to contribute approximately £2.96 billion to the overall target.

Mining is one of Zimbabwe’s major contributors to its economy, alongside agriculture, which is the mainstay. The mining sector accounted for more than 60 percent of the country’s foreign currency receipts in 2019, and contributed around 16 percent to national Gross Domestic Product, the Chamber of Mines says.

The country’s mining industry is focused on a diverse range of small to medium mining operations. The most important minerals produced in Zimbabwe include gold, asbestos, chromite, coal and base metals.

Zimbabwe expects its economy to expand by 7.4 percent in 2021 from a projected contraction of 4.5 percent this year, due to the effects of drought and the COVID-19 global pandemic.

When presenting the 2021 National Budget in November this year, Finance and Economic Development Minister, Professor Mthuli Ncube, said that the mining sector is projected to rebound by 11 percent next year after surviving a COVID-19 induced shock that saw the sector contract by 4.7 percent in 2020. In September, mining bans in national parks were introduced, according to news agencies.

He added that the National Budget would allocate £1 billion towards the operations of the ministry for planning, promotion and exploration, data capturing, and automation, among other key mining processes.

Other factors necessary for the achievement of the £8.8 billion target include a stable macroeconomic environment, policy consistency, and availability of long-term capital to fund mining projects along the entire mineral value chain, the minister said. 

Stopping "illicit financial flows" from gold smuggling is another key issue to address, according to media reports.

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