Gunner cuts the ribbon at expanded Tanami

Northern Territory Chief Minister Michael Gunner has officially opened the $120-million expansion of US gold miner Newmont Mining’s Tanami operations. The expansion is expected to increase Tanami’s gold production by 80 000 oz/y to between 425 000 oz/y and 475 000 oz/y of gold, lower all-in sustaining costs to between $700/oz and $750/oz, and extend the mine life by three years.