Overview
Stage | Production |
Mine Type | Open Pit & Underground |
Commodities |
|
Mining Method |
- Truck & Shovel / Loader
- Drift & Fill
- Longhole stoping
- Transverse stoping
- Longitudinal stoping
- Cemented backfill
|
Production Start | ...  |
Mine Life | 2034 |
Goldstrike consists of Betze-Post open pit mine, Meikle and Rodeo underground mines.
On July 1, 2019, Goldstrike was contributed to Nevada Gold Mines, a joint venture between Barrick (61.5%) and Newmont (38.5%). Under this joint venture, Goldstrike is reported as part of the Carlin complex. |
Source:
p. 81
On July 1, 2019, Barrick's Goldstrike and Newmont's Carlin operation were contributed to the Nevada Gold Mines joint venture and are now collectively referred to as Carlin.
Barrick is the operator of the Nevada Gold Mines LLC joint venture and owns 61.5%, with Newmont owning the remaining 38.5% of the joint venture.
Contractors
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Summary:
The Goldstrike deposits are Carlin style deposits. Carlin deposits comprise stratabound disseminated gold mineralization hosted by Silurian-Devonian carbonate rocks that have been metamorphosed to varying extents. The deposits are hydrothermal in origin and are usually structurally controlled. The carbonate host rocks are part of an autochthonous miogeoclinal carbonate sequence exposed as tectonic windows beneath the Roberts Mountains allochthon.
The gold mineralization is associated with silicification, argillization, and sulphide mineralization with little or no oxide mineralization remaining. In sulphide ore, the gold is intimately associated with very fine-grained pyrite and marcasite and is refractory. Over time, the pyrite oxidized, freeing the gold and making its extraction relatively easy, as in the historic Post Oxide deposit. Associated sulphide minerals include arsenopyrite, realgar, orpiment, and stibnite. Gangue minerals include quartz, calcite, and barite. Realgar and orpiment are generally low in abundance; however, these minerals are locally common in stockwork veinlets, fracture fillings, and breccia matrices.
Goldstrike - Betze-Post
The Betze-Post deposit, the largest on the Carlin Trend, is divided into sub-deposits which, from east to west, are the Deep Post, Post, Betze, West Betze, and Screamer. Other zones within the pit are North Betze, West Barrel, and North Screamer.
Five generations of pyrite mineralization have been recognized at the Betze-Post ........

Mining Methods
- Truck & Shovel / Loader
- Drift & Fill
- Longhole stoping
- Transverse stoping
- Longitudinal stoping
- Cemented backfill
Summary:
The Goldstrike Mine consists of operating open pit (Betze-Post) and underground (Meikle and Rodeo) mines.
The Betze-Post open pit is a truck and shovel operation. With completion of the 3rd NW phase targeted for March 2019, the open pit has three remaining phases (4th NW, West Barrel, and 5th NW). The ultimate pit will measure approximately two miles east to west, 1.5 miles north to south, and have an average depth of approximately 1,300 ft.
The Bazza Waste Dump is located to the southwest of the open pit. The Life of Mine (LOM) plan includes the Clydesdale Dump to the west and backfilling of the southwest and southeast portions of the open pit. Internal to the pit is the Betze Portal, which connects to the Rodeo underground mine; the North Post Portal, which connects to North Post and Rodeo underground; and the Betze Portal 2, which is used for ventilation.
Ultimate pit limits at Betze-Post were determined by generating Whittle pit shells based on the net cash generated and the pit slopes recommended by Piteau Associates Engineering Ltd. (Piteau, 2006). Based on these results, the engineering team designed the final pit with haul ramps and appropriate catch benches. Haul ramps were designed to be 130 ft (40 metres) to 140 ft (43 metres) wide, including a safety berm for double lane traffic accommodating the 320-ton class haul trucks, and have a maximum grade of 10%. Mining thickness is 40 ft (12 metres) in waste and 20 ft (6 metres) in or ........

Source:
p.213-214,217
Source:

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Flow Sheet:
Summary:

- subscription is required.
Production:
On July 1, 2019, Goldstrike was contributed to Nevada Gold Mines, a joint venture between Barrick (61.5%) and Newmont (38.5%). Under this joint venture, Goldstrike is reported as part of the Carlin complex.
All production numbers are expressed as metal in doré.
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Operational Metrics:
Metrics | 2018 | 2017 | 2016 | 2015 | 2014 |
Waste OP
| 53,387 kt | 73,374 kt | | | |
Total tonnes mined
| 59,605 kt | 76,587 kt | 67,834 kt | 72,304 kt | 81,410 kt |
Tonnes processed
| 8,075 kt | 8,041 kt | 7,361 kt | 6,752 kt | 5,307 kt |
Daily mining rate
| | | 248.9 kt | 241.9 kt | 224.4 kt |
Reserves at December 31, 2018:
Category | OreType | Tonnage | Commodity | Grade | Contained Metal |
Proven
|
In-Situ (OP)
|
50,281 kt
|
Gold
|
2.85 g/t
|
4,609 koz
|
Proven
|
In-Situ (UG)
|
5,233 kt
|
Gold
|
11.32 g/t
|
1,904 koz
|
Proven
|
Total
|
55,514 kt
|
Gold
|
3.65 g/t
|
6,513 koz
|
Probable
|
In-Situ (OP)
|
8,706 kt
|
Gold
|
3.78 g/t
|
1,058 koz
|
Probable
|
In-Situ (UG)
|
3,675 kt
|
Gold
|
8.07 g/t
|
954 koz
|
Probable
|
Total
|
12,381 kt
|
Gold
|
5.05 g/t
|
2,012 koz
|
Proven & Probable
|
In-Situ (OP)
|
58,987 kt
|
Gold
|
2.99 g/t
|
5,667 koz
|
Proven & Probable
|
In-Situ (UG)
|
8,908 kt
|
Gold
|
9.98 g/t
|
2,858 koz
|
Proven & Probable
|
Total
|
67,895 kt
|
Gold
|
3.91 g/t
|
8,525 koz
|
Measured
|
In-Situ (OP)
|
1,243 kt
|
Gold
|
1.4 g/t
|
56 koz
|
Measured
|
In-Situ (UG)
|
2,329 kt
|
Gold
|
9.6 g/t
|
719 koz
|
Measured
|
Total
|
3,572 kt
|
Gold
|
6.75 g/t
|
775 koz
|
Indicated
|
In-Situ (OP)
|
1,768 kt
|
Gold
|
1.04 g/t
|
59 koz
|
Indicated
|
In-Situ (UG)
|
2,824 kt
|
Gold
|
8.79 g/t
|
798 koz
|
Indicated
|
Total
|
4,592 kt
|
Gold
|
5.8 g/t
|
857 koz
|
Measured & Indicated
|
In-Situ (OP)
|
3,011 kt
|
Gold
|
1.19 g/t
|
115 koz
|
Measured & Indicated
|
In-Situ (UG)
|
5,153 kt
|
Gold
|
9.16 g/t
|
1,517 koz
|
Measured & Indicated
|
Total
|
8,164 kt
|
Gold
|
6.22 g/t
|
1,632 koz
|
Inferred
|
In-Situ (OP)
|
214 kt
|
Gold
|
2.18 g/t
|
15 koz
|
Inferred
|
In-Situ (UG)
|
1,603 kt
|
Gold
|
8.91 g/t
|
459 koz
|
Inferred
|
Total
|
1,817 kt
|
Gold
|
8.11 g/t
|
474 koz
|
Commodity Production Costs:
| Commodity | Units | 2016 |
Cash costs
|
Gold
|
USD
|
573 / oz
|
Cash costs
|
Gold
|
USD
|
572 / oz†
|
All-in sustaining costs (AISC)
|
Gold
|
USD
|
715 / oz
|
All-in sustaining costs (AISC)
|
Gold
|
USD
|
714 / oz†
|
All-in costs
|
Gold
|
USD
|
755 / oz
|
All-in costs
|
Gold
|
USD
|
754 / oz†
|
† Net of By-Product.
Operating Costs:
| Units | 2018 | 2017 | 2016 | 2015 |
OP mining costs ($/t mined)
|
USD
| 2.09 | 1.47 | 1.6 | 1.9 |
UG mining costs ($/t mined)
|
USD
| ......  | ......  | ......  | ......  |
Processing costs ($/t milled)
|
USD
| | | ......  | ......  |
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Financials:
| Units | 2016 |
Capital expenditures
|
M USD
|
216
|
Revenue
|
M USD
|
1,389
|
After-tax Income
|
M USD
|
442
|
EBITDA
|
M USD
|
749
|
Source:

- subscription is required.
HME Type | Model | Size | Quantity | Ref. Date |
Backhoe
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Mar 22, 2019
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Crane
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Mar 22, 2019
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Dozer (crawler)
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Mar 25, 2020
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Dozer (crawler)
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Mar 25, 2020
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Dozer (crawler)
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Mar 22, 2019
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Dozer (rubber tire)
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Mar 25, 2020
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Drill
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Mar 22, 2019
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Drill (blasthole)
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Mar 25, 2020
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Grader
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Mar 22, 2019
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Grader
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Mar 25, 2020
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Jumbo
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Mar 22, 2019
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Loader
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9 cu. m
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Mar 22, 2019
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Loader
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3.5 cu. yd
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Mar 22, 2019
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Loader
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Mar 22, 2019
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Loader
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Mar 22, 2019
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Loader (FEL)
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Mar 25, 2020
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Loader (FEL)
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Mar 25, 2020
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Loader (FEL)
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Mar 25, 2020
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Personnel Carrier
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Mar 22, 2019
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Rock bolter
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Mar 22, 2019
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Scissor Lift
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Mar 22, 2019
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Shotcreter
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Mar 22, 2019
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Shovel (hydraulic)
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Mar 22, 2019
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Shovel (hydraulic)
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Mar 22, 2019
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Shovel (rope)
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Mar 22, 2019
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Shovel (rope)
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Mar 22, 2019
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Trans Mixer
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Mar 22, 2019
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Truck (fuel / lube)
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Mar 22, 2019
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Truck (haul)
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Mar 25, 2020
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Truck (haul)
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Mar 25, 2020
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Truck (haul)
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290 t
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Mar 25, 2020
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Truck (haul)
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Mar 25, 2020
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Truck (underground)
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30 t
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Mar 22, 2019
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Truck (water)
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Mar 22, 2019
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Truck (water)
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Mar 25, 2020
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Truck (water)
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Mar 25, 2020
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Truck (water)
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Mar 25, 2020
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Truck (water)
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Mar 25, 2020
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- Subscription is required.
Mine Management:
Job Title | Name | Phone | Email | Profile | Ref. Date |
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Mar 28, 2023
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Oct 5, 2023
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Jul 26, 2023
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Oct 5, 2023
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Jul 26, 2023
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Jul 26, 2023
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Jul 26, 2023
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Oct 19, 2023
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Jul 26, 2023
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Mar 28, 2023
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Jul 26, 2023
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- Subscription is required.
Staff:
Employees | Year |
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2022
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2021
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2020
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2019
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2018
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2017
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2016
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Corporate Filings & Presentations:
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