Mining Intelligence and News
Tanzania

North Mara Mine

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North Mara Mine

Location: 23 km SE from Tarime, Tanzania

Regional Office:

Tan House Tower, Plot Number 34/1 Ursino South, New Bagamoyo Road
Post Office Box 1081
Dar es Salaam
Tanzania

Contacts:

Additional Resources for Suppliers & Investors

Categories

Overview

Mine TypeOpen Pit & Underground
StatusActive
Commodities
  • Gold
Mining Method
  • Truck & Shovel / Loader
  • Longhole open stoping
Backfill type ... Lock
Production Start... Lock
Mine Life... Lock
SnapshotThe North Mara mine is a combined open pit and underground operation from two deposits, Gokona (underground) and Nyabirama (open pit).

Owners

SourceSource
CompanyInterestOwnership
Government of Tanzania 16 % Indirect
Barrick Gold Corp. 84 % Indirect
Twiga Minerals Corporation Ltd. (operator) 100 % Direct
On September 17, 2019, Barrick acquired all of the Acacia Mining plc., and Acacia became a wholly-owned subsidiary of Barrick called Barrick TZ Limited.

On January 24, 2020, Barrick announced that the Company had ratified the creation of Twiga Minerals Corporation, the operating company formed to manage the Tanzania mines. Effective January 1, 2020, the GoT received a free carried shareholding of 16% in each of Barrick’s Tanzanian mines (Bulyanhulu, Buzwagi and North Mara).

SourceSource

Deposit type

  • Vein / narrow vein

Summary:

The North Mara Mine is situated within the Mara Greenstone Belt. The underlying geology comprises felsic and mafic volcanics intercalated with sediments which are intruded by various granitoid and gabbroic plutonic rocks. Tertiary volcanic lava flows partially cover the underlying Archaean geology and the ore bodies are structurally controlled, shear-hosted lode gold deposits. There are several types of gold mineralisation including shear-zone-related quartz vein and disseminated gold.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

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Processing

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Production

CommodityUnits2024202320222021202020192018201720162015
Gold koz  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe334336324378287
All production numbers are expressed as metal in doré. ^ Guidance / Forecast.

Operational metrics

Metrics202320222021202020192018201720162015
Ore tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe6,333 kt3,657 kt3,801 kt3,192 kt3,659 kt
Waste OP  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe7,930 kt9,783 kt
Total tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe14,263 kt16,935 kt15,953 kt15,996 kt15,408 kt
Tonnes processed  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe2,459 kt2,847 kt2,841 kt2,830 kt2,833 kt
Daily processing capacity  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe8,000 t8,000 t
Annual processing capacity  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe2.8 Mt2.8 Mt

Production Costs

CommodityUnits20242023202220212020201920182017
Cash costs (sold) Gold USD
Total cash costs Gold USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 654 / oz   609 / oz   513 / oz  
Total cash costs Gold USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 646 / oz **   603 / oz **   509 / oz **  
All-in sustaining costs (AISC) Gold USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 810 / oz   836 / oz   777 / oz  
All-in sustaining costs (AISC) Gold USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 802 / oz **   830 / oz **   773 / oz **  
All-in sustaining costs (sold) Gold USD
All-in costs Gold USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 832 / oz   861 / oz   808 / oz  
All-in costs Gold USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 824 / oz **   804 / oz **  
^ Guidance / Forecast.
** Net of By-Product.

Operating Costs

Currency2023202220212020
OP mining costs ($/t mined) USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
UG mining costs ($/t mined) USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
Processing costs ($/t milled) USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
G&A ($/t milled) USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe

Financials

Units2023202220212020201920182017
Growth Capital M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe
Sustaining costs M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 48   25.8   22.6  
Capital expenditures M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 57   81.6   90.9  
Revenue M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 462   423.2   408.2  
Operating Income M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 146  
EBIT M USD 139.4   170.6  
EBITDA M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 243   201.1   225.5  

Heavy Mobile Equipment

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Personnel

Mine Management

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Aerial view:

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