Newmont Mining plans to expand gold mines in Canada

22 January 2012 (Last Updated February 19th, 2020 13:15)

Gold producer Newmont Mining Corp is going to expand new gold mines located in the Kitikmeot region of Nunavut, Canada.

Gold producer Newmont Mining Corp is going to expand new gold mines located in the Kitikmeot region of Nunavut, Canada.

The company has been working on the Doris North gold deposit, located at its Hope Bay property, for four years and has now proposed a second phase expansion plan for the property that will cover two other underground open-pit sites south of Doris North and process millions of tonnes of ore annually for 15 years.

The major expansion programme will require new airstrips and all-weather roads and is expected to generate an estimated 25Mt of tailings. Newmont Mining Corporatio,, however, have not disclosed details and estimated cost expenditures for the expansion of the Doris North gold deposit, reports cbc.ca.

The proposal has been submitted to the Nunavut Impact Review Board for approval and the company will seek public comment on the same.

CBC news quoted Nunavut Impact Review Board executive director Ryan Barry as saying the board will look at how the mine and these mining plans would interact with or impact upon the environment and people in the region. "We need to understand the cumulative effects of this project, in relation to Doris North, and in relation to the region," said Barry.

Newmont Mining Corporation purchased Hope Bay in 2008, which contains up to 9Moz of gold potential.

The Hope Bay gold project, along with seven other mines, including the Jericho Diamond Mine, Izok, High Lake, the Lupin gold mine, Goose and the Hackett silver and zinc mine, is expected to come into production between 2012 and 2017.