Interview with COO of Newmont-Goldcorp, soon to be CEO. Born and bread in Broken Hill. Mining in the blood.
- My thoughts - He says focus is on sustainable business at USD $1,200 price of Gold so I guess this may be built into their thinking around exploration for Officer Hills. Their current AISC
AISC chart for their Tanami operation is from the Denver presentation. I guess they are targeting to maintain or better this with new resources they may identify at Officer Hills. Figures are USD.
https://s2.q4cdn.com/575378270/files/doc_presentations/2019/09/18/2019-Denver-Gold-Forum_NEM-(1).pdf
They are really thinking long-term at Tanami! ...
Notice how production profile flat-lines from 2024 to 2035 - they need growth of Resources/Reserves, hence importance of Officer Hills for building that base.
(my annotations to slide)
Deep-sensing technologies in use at Tanami.
Ann: 2019 Drill Program to Commence at Officer Hill Gold, page-7
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