The Bald Mountain Mine is a large gold mine in northern Nevada. It is an open-pit, run-of-mine, heap leach gold mine with conventional heap leaching technology and carbon absorption for ore treatment. The mine is located in White Pine County, Nevada, 110 kilometers southeast of Elko.
 'Wallis' a 20 gauge mine locomotive of Bald Mountain Gold Mining Co | |
| Location | |
|---|---|
| White Pine County, Nevada | |
| Country | United States |
| Production | |
| Products | Gold |
| Production | 284,646 oz[1] |
| Financial year | 2018 |
| Owner | |
| Company | Kinross Gold Corporation |
Proven and probable gold reserves were:
- December 31, 2011 .... 5.102 million ounces
- December 31, 2012 .... 5.161 million ounces
- December 31, 2013 .... 2.500 million ounces [2]
- December 31, 2014 .... 1.361 million ounces
- December 31, 2015 .... 1.142 million ounces [3]
- December 31, 2016 .... 2.133 million ounces[4]
- December 31, 2017 .... 1,698 million ounces[4]
- December 31, 2018 .... 1.347 million ounces[1]
In January 2016, Kinross Gold acquired Bald Mountain along with a 50% interest of the Round Mountain gold mine from Barrick Gold Corporation for $610 million in cash. [5][6]
2018 production
editIn 2018, 284,616 ounces of gold (2017: 282,715 oz) were produced, at a cost of $547 per ounce, a 15% improvement on the previous year's cost.[1]
See also
editReferences
edit- ^ a b c "Kinross reports 2018 fourth-quarter and full-year results". Toronto, ON: Kinross Gold Corporation. 13 February 2019. Retrieved 6 May 2019.
- ^ "Bald Mountain". Barrick Gold Corporation. 2013. Archived from the original on 24 April 2014. Retrieved 20 April 2014.
- ^ "2015 Barrick Gold Annual Report" (PDF). Barack Gold. p. 89. Retrieved 30 March 2017.
- ^ a b "Kinross provides update on organic development projects and full-year 2017 exploration results". Toronto, ON: Kinross Gold Corporation. 14 February 2018. Retrieved 6 May 2019.
- ^ Gilroy, Annie. "How Bald Mountain Is a Positive for Kinross Gold". Market Realist. Market Realist. Retrieved 23 September 2016.
- ^ "Kinross Gold 2015 Annual Report" (PDF). www.Kinross.com. Kinross Gold Corporation. p. 2. Retrieved 7 September 2016.
External links
edit- Bald Mountain mine aerial photos from Google Maps, accessed 11/9/2019