North Mara is a mine located in 200km NorthEast of Mwanza, Tanzania.
The North Mara gold mine is located in the northwestern part of Tanzania in Tarime District of Mara Region, some 100 kilometres East of Lake Victoria and 20 kilometres south of the Kenyan border. The North Mara mine consists of three open pit deposits. Mining is under way at Nyabirama and the Nyabigena pit is in the development phase. The Gokona pit is currently being prepared for development. North Mara currently produces approximately 280,000 – 300,000 ounces of gold per year, following a plant expansion in 2004. The processing plant has been expanded from 2.0 million tonnes annual throughput capacity, to 2.8 million tonnes. Proven and probable mineral reserves as of December 31, 2004 are estimated at 3.9 million ounces. For reserve and resource details and qualified persons, please see tables and notes.
Placer Dome operations in North Mara gold mine:
According to the mine plan, the Nyabirama open cut will be exploited to a depth of 325 metres, Nyabigena to 160 metres and Gokona to 280 metres. The feasibility of deepening the original Nyabirama open pit design to 325 metres below surface has also now been confirmed. Because mineralization remains open at still greater depth at Nyabirama, and also below the limit of current reserves at both Nyabigena and Gokona, the evaluation of mining extensions below the current levels will be conducted.
Ownership Interest The North Mara mine is 100% owned by Placer Dome and is operated by Placer Dome Tanzania – formerly Afrika Mashariki Gold Mines – a wholly owned subsidiary of Placer Dome.