Marigold mine

Marigold mine
Location
Humboldt County, Nevada
Country United States
Production
Products Gold
Production 162,000 ounces
Financial year 2013
History
Opened 1988
Owner
Company Silver Standard Resources
Year of acquisition 2014

The Marigold mine is one of the largest gold mines in the United States.[1]

Gold mineralization at Marigold is finely disseminated within sedimentary and metasedimentary rocks, including limestone, siltstone, breccias, meta-basalts and quartzite. The mining operation comprises 11 open pits, eight waste rock stockpiles, three leach pads, two carbon-in-leach processing facilities and a carbon processing and refining facility.[2]

At 31 December 2012 the mine had Proven and Probable Reserves of 294.5 million tonnes of 0.52g/t gold, containing 4.92 million ounces of gold. Another 2 million ounces were in Measured, Indicated and Inferred Resource categories.[1][3]

The mine is located in northeastern Nevada, in eastern Humboldt County, 36 miles east of Winnemucca and four miles south of Valmy.[1] The mine was owned 66.7% and 33.3% by Goldcorp Inc. and Barrick Gold respectively, until February 2014 when Barrick and Goldcorp sold the mine to Silver Standard Resources Inc. for $275 million.[3]

References

  1. 1 2 3 "Marigold - Overview & Operating Highlights". goldcorp.com. 2013. Retrieved 18 June 2013.
  2. "Marigold - Mining & Processing". Goldcorp Inc. Retrieved 27 Feb 2014.
  3. 1 2 Lazenby, Henry (4 February 2014). "Goldcorp sells Marigold mine to Silver Standard Resources". Mining Weekly. Creamer Media (Pty) Ltd. Retrieved 27 February 2014.

Coordinates: 40°44′00″N 117°09′30″W / 40.73333°N 117.15833°W / 40.73333; -117.15833

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