Bald Mountain mine
'Wallis' a 20 gauge mine locomotive of Bald Mountain Gold Mining Co
Location
White Pine County, Nevada
CountryUnited States
Production
ProductsGold
Production284,646 oz[1]
Financial year2018
Owner
CompanyKinross Gold Corporation

The Bald Mountain Mine is a large gold mine in northern Nevada. It is an open-pit, run-of-mine, heap leach gold mine with conventional heap leaching technology and carbon absorption for ore treatment. The mine is located in White Pine County, Nevada, 110 kilometers southeast of Elko.

Proven and probable gold reserves were:

  • December 31, 2011 .... 5.102 million ounces
  • December 31, 2012 .... 5.161 million ounces
  • December 31, 2013 .... 2.500 million ounces [2]
  • December 31, 2014 .... 1.361 million ounces
  • December 31, 2015 .... 1.142 million ounces [3]
  • December 31, 2016 .... 2.133 million ounces[4]
  • December 31, 2017 .... 1,698 million ounces[4]
  • December 31, 2018 .... 1.347 million ounces[1]

In January 2016, Kinross Gold acquired Bald Mountain along with a 50% interest of the Round Mountain gold mine from Barrick Gold Corporation for $610 million in cash. [5][6]

2018 production

In 2018, 284,616 ounces of gold (2017: 282,715 oz) were produced, at a cost of $547 per ounce, a 15% improvement on the previous year's cost.[1]

See also

References

  1. 1 2 3 "Kinross reports 2018 fourth-quarter and full-year results". Toronto, ON: Kinross Gold Corporation. 13 February 2019. Retrieved 6 May 2019.
  2. ↑ "Bald Mountain". Barrick Gold Corporation. 2013. Archived from the original on 24 April 2014. Retrieved 20 April 2014.
  3. ↑ "2015 Barrick Gold Annual Report" (PDF). Barack Gold. p. 89. Retrieved 30 March 2017.
  4. 1 2 "Kinross provides update on organic development projects and full-year 2017 exploration results". Toronto, ON: Kinross Gold Corporation. 14 February 2018. Retrieved 6 May 2019.
  5. ↑ Gilroy, Annie. "How Bald Mountain Is a Positive for Kinross Gold". Market Realist. Market Realist. Retrieved 23 September 2016.
  6. ↑ "Kinross Gold 2015 Annual Report" (PDF). www.Kinross.com. Kinross Gold Corporation. p. 2. Retrieved 7 September 2016.

39°56′31″N 115°32′32″W / 39.94194°N 115.54222°W / 39.94194; -115.54222

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