Placer Dome gives nod to Getchell project
Vancouver — Placer Dome (PDG-T) is preparing to start up the Turquoise Ridge gold mine, part of the Getchell project in northwestern Nevada’s Humboldt Cty.The daily milling rate is projected to be 1,…
Twin Creeks Mine
Newmont writes down assets
Low gold prices in the fourth quarter of 1998 forced Newmont Gold (NEM-N) to write down the value of the assets it acquired as a result of merging with Santa Fe Pacific in the previous year.The compan…
NEVADA — Merger with Santa Fe pushes Newmont to top spot — Half of 1997 exploration and development costs earmarked for Nevada projects
With anticipated gold production of 3.7 million oz. in 1997 and 4.1 million oz. in 1998, Newmont Mining (NEM-N) is now North America’s largest producer of the yellow metal. In the world, it is second …
NEVADA — Rosebud gold deposit blossoms by entering commercial production
Commercial gold and silver production is under way at the Rosebud underground mine, 58 miles west of Winnemucca.Ownership of the mine, where reserves are pegged at 1.3 million tons grading 0.39 oz. go…
Rosebud blossoms ahead of schedule
Commercial production at the Rosebud gold-silver mine in northwestern Nevada has begun, two months ahead of schedule and US$3 million under budget.Joint owners Hecla Mining (HL-N) and Santa Fe Pacific…
Hecla inks deal with Santa Fe for Rosebud
Hecla Mining (HL-N) and Santa Fe Pacific Gold (GLD-N) will develop the Rosebud gold-silver deposit, 50 miles west of Winnemucca, Nev.Under a 50-50 joint-venture agreement, Hecla will operate the high-…
Hecla, Santa Fe to develop Rosebud deposit
Two American majors plan jointly to develop Rosebud, a high-grade, underground gold deposit 50 miles west of Winnemucca, Nev.Hecla Mining (HL-N) and Santa Fe Pacific Gold (GLD-N) will form a 50-50 joi…
NEVADA SPECIAL — Santa Fe expands mine complex in Nevada
At the Twin Creeks and Lone Tree gold mines in the desert of northern Nevada, Santa Fe Pacific Gold (GLD-N) has begun constructing several projects that will help boost annual production to 1 million …
Santa Fe aims to cut costs at Mule Canyon
A proposed change in processing methods would result in substantial cost savings for Santa Fe Pacific Gold (NYSE) at its Mule Canyon gold project in northern Nevada.By processing high-grade refractory…
FACTS’N’FIGURES — Nevada dominated by gold
In 1994, Nevada produced an estimated US$3.2 billion in minerals (including petroleum and geothermal energy), which is 8% more than in 1993. Gold production in the state reached an all-time high last …