A multinational precious metal producer has confirmed it will proceed with its US$750 million (A$1.1 billion) gold mine expansion in the Northern Territory.
Newmont Goldcorp Corporation’s board of directors recently approved the Tanami Gold Mine Expansion 2 Project, 564 km northwest of Alice Springs.
The project involves building a 1.46 km shaft, increasing the capacity of the existing processing plant and adding support infrastructure to recover ore 2.14 km below the surface.
The proponent has already started recruitment and is offering accommodation at its 1200-bed village and modern leisure facilities for fly-in fly-out (FIFO) workers via Perth, Darwin and Alice Springs. FIFO staff will work a rostered eight days on and six days off.
The following jobs are being advertised:
- diesel fitter
- senior production engineer
- apprentice boilermaker
- underground truck driver
- site supply chain superintendent
- apprentice electrician (multiple positions)
- apprentice fitter
- admin assistant
- process technician
- mine geologist
- maintenance technician – fitter.
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Decades of certainty
Newmont hopes the work will prolong the mine’s lifespan beyond the year 2040.
“The approval of our second expansion project at Tanami in Australia will further improve costs and extend the life of this world class mine in a core Newmont Goldcorp jurisdiction,” president and CEO Tom Palmer said in a public statement. “Tanami Expansion 2 will provide a platform to further explore the area’s prolific mineral endowment and potentially extend the operation’s mine life beyond 2040.”
Tanami has produced more than 10 million ounces of gold since mining commenced back in 1986.