Tanami is the second largest underground gold mine in Australia. The underground mining infrastructure and operation is located at Dead Bullock Soak. The processing infrastructure is located 25 miles to the east of the mining operations at the Granites and ore is transported by road train for processing.
Tanami Expansion 2 project secures Tanami’s future as a long-life, low-cost producer with potential to extend mine life to 2040 through the addition of a 1,460-meter hoisting shaft and supporting infrastructure. The expansion is expected to increase average annual gold production by approximately 150,000 to 200,000 ounces per year for the first five years and is expected to reduce operating costs by approximately 30 percent. Capital costs are estimated to be between $1,700 and $1,800 for Tanami Expansion 2 with an expected commercial production date in the second half of 2027. |