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THE MASSIVE 46 STORY TALL STRUCTURE: The Penasquito Mine Tailings Dam

Posted by SRSrocco in Energy, Mining, News, Precious Metals on May 17, 2019 — 21 comments


The colossal Penasquito Mine’s tailings dam will reach a stunning height of a 46 story skyscraper over the next decade. That is, if the mine reopens and is allowed to continue business as usual. Newmont-Goldcorp suspended operations at Mexico’s second largest silver mine on April 29th, due to a blockade stemming from issues with the local community in regards to water supply concerns and problems with a trucking contractor.

Last year, the Penasquito Mine produced 272,000 oz of gold and over 18 million oz of silver. However, it plans on producing over 5 million oz of gold and 400+ million oz of silver over the next decade.

After I published my article, MORE TROUBLE IN MEXICO: Second Largest Silver Mine Suspended Operations, I did some research on Penasquito’s tailings dam, and when I saw a photo of the dam, I was literally shocked by its massive size. I never really gave it much thought about where all the waste ended up after the processing of ore was finished. It’s a typical problem we all deal with today, OUT OF SIGHT, OUT OF MIND.

Let me start by saying that the tailings dam is so large; it surpasses the size of the Penasquito open-pit mine itself. For clarification, the tailings dam (or ponds) are used to store the processed waste slurry after the metals have been extracted. Here is a layout of the Penasquito Mining Operation:


(image courtesy of Goldcorp 2018 Tailings & Mine Waste Conference PDF report)

Read the rest here: https://srsroccoreport.com/the-massive-46-story-tall-penasquito-mine-tailings-dam/
 

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Russia & China Consider Gold Back Currencies!
SalivateMetal


Published on May 21, 2019
 

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The Rarest Piece Of Gold Too Valuable To Price!
SalivateMetal


Published on May 24, 2019