Asset Report
Galore Creek gold mine project
Report summary
Galore Creek is a porphyry deposit expected to be mined by conventional open pit method. The ore is to be processed in a 95kt/d conventional concentrator plant to produce copper concentrate containing gold and silver. Galore Creek is located in northwestern British Columbia. It is a 50/50 joint venture of Newmont Corporation and Teck Resources following the sale of the 50% stake held by NovaGold Resources to Newmont in July 2018. The project had been suspended in 2007 following a substantial increase in development capex. Since then, the JV partners have been conducting further drilling and optimization studies. Following the sale of the 50% stake to Newmont, it is anticipated that prefeasibility studies will take 3-4 years to complete.
Table of contents
- Summary
- Key issues
- CAPEX
- Mining
- Process
Tables and charts
This report includes 2 images and tables including:
- Detailed map
What's included
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