Goldstrike mine explained

Goldstrike Mine
Width:350
Pushpin Map:Nevada
Pushpin Label:Goldstrike Mine
Pushpin Map Caption:Location in Nevada
Coordinates:40.9816°N -116.379°W
Place:Eureka County
Subdivision Type:State
State/Province:Nevada
Country:United States
Owner:Barrick Gold
Official Website:Goldstrike webpage
Acquisition Year:1986
Products:Gold
Financial Year:2018[1]
Amount:795664oz
Opening Year:1975

Goldstrike is a gold mine in Eureka County in north-eastern Nevada. It is located on the Carlin Trend, a prolific gold mining district. It is owned and operated by Barrick Gold. Since Barrick acquired Goldstrike in 1986, until 2018 it produced 44.4 million ounces of gold.[1]

History

The first discovery of gold in the Goldstrike property was in 1962 by Atlas Minerals. Gold was first mined from the upper, well-oxidized portion of what became the Post deposit in 1975 by PanCana Minerals Ltd., in a small open-pit heap leach operation. In 1978, Western State Minerals Corporation entered into a joint venture (JV) with PanCana. The JV delineated ore reserves for the Post deposit in 1986. Barrick acquired 100% ownership of the property in December 1986, and mining started in 1987.[2]

Geology

The Goldstrike mine complex comprises the Betze-Post-Screamer and Meikle-Rodeo deposits.[3] The Goldstrike mine adjoins Newmont Mining's Carlin mine complex. Goldstrike is northwest of the Carlin mine on the Carlin Trend.[4]

Like most Carlin type gold deposits in Nevada the gold was epithermally deposited in carbonate or silicate sedimentary rocks. The heat source was magmatic but the exact mechanism is still under debate. The Betze-Post deposits are up to 6000feet long, 600feet thick and 800feet wide. In 2018 the average gold grade was 0.109ozt per ton for open pit ore, and 0.274ozt per ton for underground pit ore, for a mine average of 0.23ozt per ton.[5] [1]

Mining operations

The Goldstrike complex consists of three distinct mines: the large Betze-Post open-pit mine, and the Meikle and Rodeo underground mines. The ore from all three mines is milled, oxidized in either a roaster or an autoclave, then leached in either a carbon-in-leach (CIL) cyanidation circuit or a calcium thiosulfate circuit.[6] The two treatment facilities treat ores from both the open pit and underground mines. Recovered gold is processed into doré on-site and shipped to outside refineries for processing into gold bullion.[5]

In 2015 the Betze-Post open-pit mine produced 642493oz of gold and 87223oz of silver, while the Meikle-Rodeo underground operations yielded 411003oz of gold and 17749oz of silver. This was 24% of the total 5339659oz output of all gold mining operations in Nevada for 2015. In 2018 Goldstrike produced 795,663 ounces of gold,[1] [6] making it the world's eighth largest gold mine.[7]

See also

External links

Notes and References

  1. Web site: Cox . Jason J. . Valliant . Wayne W. . Geusebroek . Philip A. . Haggarty . Steve . Technical Report NI 43-101 on the Goldstrike Mine, Eureka and Elko Counties, State of Nevada, USA . Barrick Gold Corporation . 6 March 2020 . Toronto, ON . 22 March 2019.
  2. Web site: Moore. etal. Chester M.. Barrick Gold and Franco-Nevada - Goldstrike Mine, Project #1663. Roscoe Postle Associates Inc. 22 March 2017. Toronto, Ontario. 16 March 2012.
  3. 10.1007/s00126-005-0477-9. Evidence for a magmatic origin for Carlin-type gold deposits: isotopic composition of sulfur in the Betze-Post-Screamer Deposit, Nevada, USA . 2005 . Kesler . Stephen E. . Riciputi . Lee C. . Ye . Zaojun . Mineralium Deposita . 40 . 127 . 2027.42/46046 . free .
  4. USGS, 1998, "Oreshoot Zoning in the Carlin-type Betze Orebody, Goldstrike Mine, Eureka County, Nevada", Open-File Report 98-620 (full text). See Figure 2 for mine locations and local geology
  5. Tsai. Peggy. Goldstrike Mine – Nevada’s Giant Golden Goose. Mining.com Magazine. September 2008. 44–47. 24 August 2011.
  6. Web site: Barrick 2017 Operations and Technical Update. Barrick Gold. 22 March 2017. 170. pdf.
  7. News: Els . Frik . Top 10 biggest gold mines . 6 March 2020 . Mining.com . 18 June 2019 . Vancouver, British Columbia.