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Round Mountain, USA

A large tonnage open pit operation, Round Mountain has earned commendations for its safety and environmental initiatives.

Quick Facts

  • Ownership: 50% Kinross, 50% Barrick Gold Corporation
  • Location: Nevada, USA
  • Mining: Open pit
  • Processing: Heap leach, milling, gravity
  • 2013 gold equivalent production: 162,826 oz.
  • 2013 cost of sales: US$836/oz.
  • 2013 Proven and Probable Reserves: 919k oz gold; 1.7 M oz silver

 

Awards

  • 2007: The Round Mountain Mine Rescue Team places first in the largest mine rescue competition in the United States
  • 2007: Winner of the 2006 MSHA Sentinels of Safety, State of Nevada Award in the Large Open-Pit Category
 
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Download Technical Report pdf

Kinross acquired its 50% ownership interest in the Round Mountain gold mine and became the operator on January 31, 2003, upon completion of the merger with Echo Bay. An affiliate of Barrick Gold Corporation owns the remaining 50% interest in the joint venture, known as the Smoky Valley Common Operation.

Round Mountain is an open pit mining operation located in Nye County, Nevada. Most of the people who work at the mine live in the nearby communities of Hadley and Carvers.

Gold production in the Round Mountain district dates back to 1906. A hundred years later, Round Mountain mine reached the significant milestone of 10 million ounces poured, achieved over a 20-year period.

Round Mountain uses conventional open-pit mining methods and recovers gold using four independent processing operations. These include crushed ore leaching (reusable pad), run-of-mine ore leaching (dedicated pad), milling and the gravity concentration circuit. Most of the ore is heap leached, with higher grade oxidized ores crushed and placed on the reusable pad. Lower grade ore, ore removed from the reusable leach pad, and stockpiled ore that was previously leached are placed on the dedicated pad.

Mineral Reserve and Resource Summary

Kinross' share as at December 31, 2013

 

Tonnes

Grade

Ounces

Gold

( X 1,000)

(g/t)

( X 1,000)

Proven and Probable Reserves

42,147

0.68

919

Measured and Indicated Resources(a)

38,115

0.74

903

Inferred Resources 24,516 0.55 433

a) Measured and Indicated Resources exclude Proven and Probable Reserves

Silver Tonnes Grade Ounces

Proven and Probable Reserves

6,115 8.7 1,706
Measured and Indicated Resources(a) 2,918 6.7 629
Inferred Resources 126 3.0 12
a) Measured and Indicated Resources exclude Proven and Probably Reserves