Newmont: Cooking with Gas
All images: Newmont. BY ELIZABETH FABRI FRESH from completing a $US120 million expansion at its Tanami operation, Newmont is spending big on a new power project that will see Tanami shift to natural gas from a current reliance on diesel fuel. Newmont has a lot to be proud of at its Tanami gold mine in the Northern Territory. Since 2012, Tanami has more than doubled gold production and cut costs by two thirds. In August, the miner completed a mine expansion to increase production by 80,000 ounces per year, lower all-in sustaining costs to between $US700/oz and $US750/oz, and add a further three years to mine life. Newmont’s Australia production was now expected to reach between 1.5 million ounces and…