Marigold mine

The Marigold gold mine is an open pit gold mine in Valmy, Nevada, 14 miles (23 km) west-northwest of Battle Mountain. The mine is owned and operated by SSR Mining Inc.

Marigold gold mine
Location
Marigold gold mine is located in Nevada
Marigold gold mine
Marigold gold mine
LocationValmy
Humboldt County, Nevada
CountryUnited States
Coordinates40°43′47″N 117°10′33″W
Production
ProductsGold
Production205,161 ounces[1]
Financial year2018
History
Opened1988
Owner
CompanySSR Mining Inc.
Websitewww.ssrmining.com/
Year of acquisition2014

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]

As of 31 December 2018, the mine had Proven and Probable Reserves of 201.5 million tonnes at an average gold grade of 0.47 g/t, for 3.3 million ounces of gold. An anticipated mine-life, as of June 2018, of over ten years was estimated based on current Mineral Reserves.[1][3][4][5]

The mine is located in northeastern Nevada, in eastern Humboldt County, 36 miles east of Winnemucca and four miles south of Valmy.[3] The mine started production in 1989.[6] 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.[4]

In October 2017, a collision in the open pit portion of the mine killed two workers and injured others. Operations at the mine were suspended pending an investigation from the Mine Safety and Health Administration.[7]

References

  1. "Management's Discussion and Analysis for the Year Ended December 31, 2018" (pdf). Sedar. SSR Mining. 21 February 2019. Retrieved 11 April 2019.
  2. "Marigold - Mining & Processing". Goldcorp Inc. Retrieved 27 Feb 2014.
  3. "Marigold - Overview & Operating Highlights". goldcorp.com. 2013. Retrieved 18 June 2013.
  4. Lazenby, Henry (4 February 2014). "Goldcorp sells Marigold mine to Silver Standard Resources". Mining Weekly. Creamer Media (Pty) Ltd. Retrieved 27 February 2014.
  5. Carver, James Norman; Rathnam, Karthik; Rice, Thomas; Yeomans, Trevor J. (31 July 2018). "NI 43-101 Technical Report in the Marigold Mine Humboldt County, Nevada, USA" (PDF). SSR Mining. Retrieved 6 May 2019.
  6. "Marigold Mine Starts Production". Reno Gazette-Journal. 10 September 1989. Retrieved 16 January 2023.
  7. "Two killed in collision at Marigold - Elko Daily Free Press". Retrieved 1 November 2017.
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