Goldstrike is located on the Carlin Trend, the most prolific gold mining district in the Western Hemisphere, about 60 kilometers northwest of Elko, Nevada. The operation includes the Betze-Post open pit mine — a truck and shovel operation — and the Meikle and Rodeo underground mines.
Goldstrike produced 1.05 million ounces of gold in 2015, at a cost of sales of $722 million, and all-in sustaining costs of $658 per ounce.1 Goldstrike’s proven and probable mineral reserves as of December 31, 2015, were 8.5 million ounces of gold2 (74 million tonnes, grading 3.59 grams per tonne).
Production at Goldstrike in 2016 is expected to be 1.05-1.10 million ounces of gold, at a cost of sales of $860-$900 per ounce, and all-in sustaining costs of $720-$760 per ounce.1
Modifications to Goldstrike Autoclave Circuit (PDF)
Our innovative thiosulfate leaching circuit achieved commercial production in Q3 2015 and we expect to complete its ramp up by Q3 2016.