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PRECIOUS METALS (US $)
Gold 1393.906.30
Silver 22.560.07
Platinum 1452.00-5.50
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Gold / Silver61.79
Gold / Oil14.51
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COMMODITIES
Copper 3.310.01
WTI Oil 96.05-0.11
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Phoenix Project
Phoenix
Country USA 
Province Nevada
Status PRODUCTION 
Latitude / Longitude 39 N 30 / 115 W 59
Legends
Valorisation
Print Valuation Travel To Property All neighbouring Properties Mines and deposits nearby All active properties nearby
Produces Copper - Gold -
Develops
Explores for
Risk and valuation analysis of the Phoenix Project
Status Risk : Production
Country Risk : Very Low
Resource Risk : 75.00%
In situ value
13,646,569,668 $
Title(s) of the Phoenix Project
Newmont Mining Corp
Owner: 100%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
Newmont acquired Battle Mountain Gold Company, giving Newmont ownership of the Phoenix property, south of the town of Battle Mountain, where historic mining has left a halo of lower-grade gold and copper reserves.
Location of the Phoenix Project
The Phoenix property is south of Lone Tree.
 
History of the Phoenix Project
Phoenix project was part of the Battle Mountain Gold acquisition in January 2001. Over the past two years, Newmont has significantly enhanced the project's rate of return by optimizing the process flow sheet, reducing the project's capital costs, ide more...
 
Geology of the Phoenix Project
Phoenix is a gold-copper skarn system,
 
Reserves and resources of the Phoenix Project
TonnageGradeReserves and resources
CopperGoldCopperGold
%g/tlbsoz
 Probable281,136,5500.150.99 929 700 000 8 905 050
 Proven and Probable281,136,5500.150.99 929 700 000 8 905 050
 Indicated18,688,0050.110.79 45 320 000 511 525
 Mesured and Indicated18,688,0050.110.79 45 320 000 511 525
 Inferred13,789,2080.170.89 51 680 000 428 313
 Total 313 613 7631 026 700 000 9 844 888
Definitions
Reserves and resources of the Phoenix Project
MetalTotalReservesMineralized MaterialUnitIn situ value
ProvenProbableProven and ProbableMeasuredIndicatedMesured and IndicatedInferred
 Gold 9 844 888 8 905 050 8 905 050 511 525 511 525 428 313oz13 722 788 686 US$
 Copper1 026 700 000 929 700 000 929 700 000 45 320 000 45 320 000 51 680 000lbs3 400 943 750 US$
Production Objectives
Metal2013
GOLD (oz)200,000
Location
Data last updated on : 12/31/2005
Disclaimer
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources