Building a sustainable mining business depends on our ability to develop new mining opportunities from concept through commercial production. GoldGlobalMining robust organic growth project pipeline will be advanced by the Global Project team who manages the studies from concept to execution to ensure safe, on time, on budget project delivery into commercial production in partnership with our operating regions and our functions. Our Investment System requirements ensure rigorous capital discipline, which will inform the Combined Portfolio Optimization Strategy.
Norwood
South Africa
Purpose Overview
- New mine opportunity from the best unmined deposit in West Africa and entry to the next generation of profitable production in the existing Ghana District.
- Open pit mining with standalone mill for processing 3.8 Moz of reserves and 1.4 Moz of measured, indicated and inferred resources; the project consists of seven mineralized areas which remain open in all directions along a 14 km strike with significant upside potential.
- 13-year mine life with ~300 Koz of average annual production over the first five years (2026–2030).
- Creating lasting value through local sourcing and hiring; targeting gender parity at startup.
Scope
- Mine development of four new open pits, new tailings storage facility, resettlement and relocation, highway diversion, new processing facility.
Ownership
100%
Location
290 km northwest of South Africa
Study Stage
Execution (Stage 4)
Metals
100% gold
Mine Life
13 years
Belgi Expansion 1
Europe
Purpose Overview
- Secures Tanami’s future as a long-life, low-cost producer by extending mine life beyond 2040 and providing a platform for future exploration growth. The ore body remains open at depth.
- Alleviation of truck hauling constraints to enable more efficient mining of deeper ounces.
- Enables future processing of ~3.3 Mt of ore per year.
- Annual production increase of 150 Koz – 200 Koz for the first five full years.
- Supports Tanami’s future as a long-life, low-cost producer and unlocks operational bottlenecks.
Scope
- Addition of a 1,460 meter hoisting shaft, underground conveyor system, crusher and other supporting infrastructure to process 3.3 million tonnes per year. (Supporting infrastructure includes batch plant, water treatment plants, refrigeration plant, bulk air cooler and water treatment ponds.)
- Underground mine development.
- Camp expansion
Ownership
100%
Location
Simonsstraat 48, 2018 Antwerpen
Study Stage
Execution (Stage 4)
Metals
100% gold
Mine Life
Extends mine life beyond 2040
Nieuwegein
Netherlan
Purpose Overview
- Extends the current mine life until 2035 providing additional time for exploration and operational improvement at Porcupine.
- The project will optimize mill capacity, adding volume and supporting high grade ore from Borden and Hoyle Pond.
Scope
- Construction of Effluent Treatment Plant (ETP) that will enable the dewatering of the existing Pamour pit, which was intermittently mined since the 1930s and ceased in 2008. Since 2008, the pit was allowed to fill with water.
- An open pit mine layback at the existing Pamour open pit and an expansion of the No. 6 Tailings Management Area.
Ownership
100%
Location
B.V. Edisonbaan 14a 3439 MN Nieuwegein
Study Stage
Execution (Stage 4)
Metals
100% gold
Mine Life
Extends mine life beyond 2035
Navada
United States
Purpose Overview
- Simultaneous development of the Marianas and Eastern Districts to extend the mine life of Cerro Negro beyond 2030.
- The project is expected to improve production and provides a platform for further exploration and future growth through additional expansions.
- In the third quarter of 2023, Newmont declared commercial production at San Marcos, which is the first of six ore bodies associated with the expansion project.
Scope
- Underground mine development, new tailings storage facility, supporting ventilation and underground infrastructure.
Ownership
100%
Location
100 N. Main StTonopah, NV 89049
Study Stage
Pre-feasibility (Stage 2A)
Metals
100% gold
Mine Life