Mining Intelligence and News
United States

Long Canyon Mine

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Categories

Overview

Mine TypeOpen Pit
StatusCare and Maintenance
Commodities
  • Gold
Mining Method
  • Truck & Shovel / Loader
Production Start... Lock
SnapshotOn July 1, 2019, Long Canyon was contributed to Nevada Gold Mines, a joint venture between Barrick and Newmont.

Mining temporarily ceased at Long Canyon in 2022 and, following the completion of further studies, this asset has now been placed on care and maintenance. Long Canyon has producing incidental ounces while in care and maintenance.
Related AssetNevada Gold Mines Operation

Owners

SourceSource
CompanyInterestOwnership
Newmont Corp. 38.5 % Indirect
Barrick Gold Corp. (operator) 61.5 % Indirect
On July 1, 2019, Long Canyon was contributed to Nevada Gold Mines, a joint venture between Barrick and Newmont.

Barrick is the operator of the joint venture and owns 61.5%, with Newmont owning the remaining 38.5% of the joint venture.

Deposit type

  • Sediment-hosted
  • Carlin-type

Summary:

Long Canyon is a sediment-hosted disseminated gold deposit.

The gold mineralization at Long Canyon is best described as sediment-hosted, Carlin-type gold mineralization.

The mineralization identified at Long Canyon shares many of the characteristics of Carlin-type gold mineralization, including:

- Stratigraphic control on mineralization - mineralization is hosted primarily in limestone, particularly in silty, thin-bedded units;

- Structural control on mineralization - mineralization occurs in karstic cavities, collapse breccias, and anticlinal fold hinges;

- Geochemical association - elevated arsenic, mercury, antimony, and thallium accompany the gold mineralization, while silver and base-metal concentrations are low; and

- Alteration - mineralization is associated with decalcification, silicification/jasperoid, oxidized variants of pyrite and arsenical pyrite or arsenopyrite, and clay alteration.

The Long Canyon project also displays some characteristics that are unlike typical Carlin-type gold deposits. The prevalent association of hematite with gold mineralization at Long Canyon is not a common characteristic among all Carlin-type deposits, although this phenomenon is associated with weathered/oxidized portions of some of the deposits.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

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Production

Mining of Phase 1 was completed in May 2022, with residual leach production over the remainder of 2022 and 2023. Long Canyon was placed on care and maintenance at the end of 2023 and is not included in 2024 guidance.
CommodityUnits2023202220212020201820172016
Gold koz  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe17017422
All production numbers are expressed as metal in doré.

Operational metrics

Metrics2022202120202019
Stripping / waste ratio  ....  Subscribe  ....  Subscribe  ....  Subscribe7.63
Ore tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe2,078 kt
Waste  ....  Subscribe  ....  Subscribe  ....  Subscribe15,847 kt
Total tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe17,925 kt
Tonnes processed  ....  Subscribe  ....  Subscribe  ....  Subscribe2,080 kt

Production Costs

Commodity2023202220212020201920182017
Total cash costs Gold  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 335 / oz  USD
Total cash costs Gold  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 333 / oz **  USD
Total cash costs (sold) Gold 423 / oz **  USD 338 / oz **  USD
All-in sustaining costs (AISC) Gold  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 683 / oz  USD
All-in sustaining costs (AISC) Gold  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 681 / oz **  USD
All-in sustaining costs (sold) Gold 505 / oz **  USD 364 / oz **  USD
All-in costs Gold  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 683 / oz  USD
All-in costs Gold  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 681 / oz **  USD
** Net of By-Product.

Operating Costs

Currency2022202120202019
OP mining costs ($/t mined) USD 3.09  2.42  1.87  1.76  
Processing costs ($/t milled) USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
G&A ($/t milled) USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe

Financials

Units20212020201920182017
Capital expenditures M USD  ....  Subscribe  ....  Subscribe 23   11   10  
Sustaining costs M USD  ....  Subscribe  ....  Subscribe 23   11   3  
Pre-tax Income M USD 44   63  

Heavy Mobile Equipment

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Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required May 26, 2024
....................... Subscription required ....................... Subscription required Subscription required May 26, 2024

EmployeesYear
...... Subscription required 2023
...... Subscription required 2022
...... Subscription required 2021
...... Subscription required 2020
...... Subscription required 2019
...... Subscription required 2018
...... Subscription required 2017
...... Subscription required 2016

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