How Nevada Produces BILLIONS in Gold

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  • Опубліковано 11 кві 2024
  • When people think of gold mining, they likely picture bearded men with gold pans in mountain streams or Discovery Channel's Gold Rush.
    In reality, it's neither!
    In this video, we tour the entire gold mining process at Round Mountain Mine, owned and operated by Canadian gold giant Kinross.
    We start where most mining operations begin-drilling, blasting, and loading with enormous shovels.
    But with most gold here being microscopic, how do they extract every ounce from the rock they mine? That's where the milling and processing comes into play, and followed along every step of the way.
    At the end of it all is the gold pour-where they carefully pour the gold, silver, and other metals extracted into bars for transport into the world.
    To learn more about Kinross, check out their website below!
    www.kinross.com/operations/de...
  • Наука та технологія

КОМЕНТАРІ • 325

  • @GotRox
    @GotRox Місяць тому +73

    Quite the operation.
    I spent 30 years there, and was one of the first operators of shovel 344 and 345. Good job on the video and the “regular joe” explanations. 👍🏻

    • @AaronWitt
      @AaronWitt  Місяць тому +12

      Amazing!! Thanks for making it happen

    • @JamesGGP
      @JamesGGP 19 днів тому

      How much u make

    • @mattk7865
      @mattk7865 18 днів тому

      What was it like living in the Nevada desert for so long?

    • @Control-Alt-Delete619
      @Control-Alt-Delete619 12 днів тому +1

      @@mattk7865 fast women, fast equipment, and fast gold! 💪👍🍻🇺🇲

  • @matthewcomfort5894
    @matthewcomfort5894 Місяць тому +101

    every time I see a mining video I cannot believe it's actually cost effective, but I guess it is or they wouldn''t be doing it

    • @seldoon_nemar
      @seldoon_nemar 22 дні тому

      it's also an economy of scale thing. the bigger the truck the bigger the volume of PAY-load, per trip, overall cost of ton miles drops.
      it also takes decades to get to an operation of this scale. to _start_ a mine at this scale is monsterously expensive and takes years of coordination, because even the equipment suppliers do not carry inventory for example. Those big haul trucks are fairly generic, but an operator can't just call up and order 10-20 units and expect rapid delivery. A multimillion dollar shop needs to be built to even finish delivery assembly.

    • @Landstalker1999
      @Landstalker1999 20 годин тому +1

      The almighty God created starving African children for a reason. God is wise and resourceful.

    • @piehamcake1
      @piehamcake1 19 годин тому

      @@Landstalker1999 Man created poverty

  • @flippnorge7105
    @flippnorge7105 Місяць тому +201

    All of a sudden Parker’s 50k ounces doesn’t seem that much… nice vid as always!

    • @absolut7769
      @absolut7769 Місяць тому +20

      Yea no Parker isnt in the big leagues when it comes to gold mining

    • @Shxlbyyy
      @Shxlbyyy Місяць тому +11

      Ain't no Alaskan gold mine run by one crew, that's for sure 💀

    • @williamtipene1995
      @williamtipene1995 Місяць тому +4

      Watch what they do in Australia

    • @thems_the_brakes
      @thems_the_brakes Місяць тому

      @@absolut7769 Parker is doing absolutely fine for himself. There's a very decent chance (likely in fact) that he makes more than the CEO of this company.

    • @Control-Alt-Delete619
      @Control-Alt-Delete619 Місяць тому +20

      This is actual gold mining, not a soap opera. 🍻🇺🇲

  • @ToxicMrSmith
    @ToxicMrSmith Місяць тому +71

    Thats around 35.6bn worth of gold for anyone wondering

    • @joelswfx
      @joelswfx 27 днів тому +7

      Ah yes but how much are they spending on electricity to produce it, that number is probably halved….

    • @davidmella1174
      @davidmella1174 20 днів тому +1

      @@joelswfx yeah mining is all about maximizing margins or else the operation is futile

    • @d.h.601
      @d.h.601 20 днів тому +2

      Mmmmmmm cyanide

    • @Nirotix
      @Nirotix 12 днів тому +2

      800,000,000 Million/year approx.

    • @DgurlSunshine
      @DgurlSunshine 10 днів тому

      @@Nirotix PAID IN CRYPTO TO FOREIGN CONTRACTORS? WATER HEIST 1312

  • @davidmcfarlane3080
    @davidmcfarlane3080 21 день тому +21

    In no time all the machines will be remote controlled and all those workers will be replaced by 2 nerds wearing sandals snacking on cheetos at an office somewhere.

    • @weswest8666
      @weswest8666 18 днів тому +4

      More like in sandals over seas making $3/ day

    • @davidmcfarlane3080
      @davidmcfarlane3080 18 днів тому +3

      @weswest8666 Even worse. Your probably 100% right.

    • @bbustin1747
      @bbustin1747 17 днів тому +1

      Uh uh and AI will think for them with no Cheetos 😂 Cheetos consumption will drop.

    • @davidmcfarlane3080
      @davidmcfarlane3080 17 днів тому

      @bbustin1747 By then maybe we can figure out how to reduce fossil fuels by powering AI with Cheetos. The flaming hot kind.

    • @CustomerStatesPNW
      @CustomerStatesPNW 17 днів тому +1

      Until something breaks down, which is a constant in mining

  • @TechGorilla1987
    @TechGorilla1987 Місяць тому +13

    @5:50 - I am already surprised that they skip the larger of the crushing stages and go right to the ball-milling.

    • @littlehippo5004
      @littlehippo5004 Місяць тому +1

      They don’t skip it, they do it at the top of the pit and then that crushed rock goes by conveyor to stockpiles

  • @kevinmackay5233
    @kevinmackay5233 Місяць тому +9

    I spent some time in Elko, NV and a lot of mine workers and people who work on the machines for the mine come from back east for six months at a time, and then move back to states like Missouri. Talked to a few of them in a bar one night, most of them are young guys in their 20s and early 30s but some of them are almost 60+ and have been working those hot, dry deserts for decades

  • @ryanc8188
    @ryanc8188 Місяць тому +33

    I'm surprised there is enough micro gold in the leaching fields to warrant that extra operation.

    • @robotekusa
      @robotekusa Місяць тому +11

      99% of the gold on earth is microscopic

    • @squibbelsmcjohnson
      @squibbelsmcjohnson Місяць тому

      ​@@robotekusaespecially since all the easy gold was found long ago

    • @piatdor
      @piatdor 21 день тому +1

      @@squibbelsmcjohnsonfound long ago ?? Buddy. We’ve only been mining with technology for 40 years. Mining with machinery for 100 years. We’ve barely scratched the surface

    • @Unduplicatable
      @Unduplicatable 19 днів тому

      @@squibbelsmcjohnson lies you speak

    • @squibbelsmcjohnson
      @squibbelsmcjohnson 19 днів тому

      @@piatdor I said the EASY gold... Can you read 😂.. It's like oil.. All the easy stuff has long been sucked out, now it takes quite a lot more to get it out of the ground.

  • @SamSeth
    @SamSeth Місяць тому +4

    Thanks for the inside look. It's always enjoyable to drive through Nevada and enjoy the geology

  • @kahvac
    @kahvac Місяць тому +6

    Thank You Kinross for the tour !

  • @untitleduniverse1828
    @untitleduniverse1828 Місяць тому +12

    🎶 "She got the gold mine, I got the shaft"

  • @lastnamefirstname520
    @lastnamefirstname520 Місяць тому +31

    You should have replied: “it was a blast”- obviously…. You get set up for comedy gold (pun intended) and miss out… 😂😂

    • @oohjah
      @oohjah 26 днів тому

      i was waiting for that! lol

  • @mojo.adventures
    @mojo.adventures Місяць тому +7

    Welcome to the Silver State! 🤠 This place will make a miner or rockhound out of you before you realize it... ask me how I know 😂 This was a great episode, nice work!👍

  • @keitharnett2647
    @keitharnett2647 Місяць тому +5

    Miami and Globe Az mining district is cool area , Plus new Resolution mine is close by 8K ft main shaft where block cave deep mine is huge deal . Thx for videos worked mining industry for years back in KY live Az now .

  • @mkegadgets4380
    @mkegadgets4380 Місяць тому +3

    Very interesting video. Step one….. removing the overburden look forward to your next video

  • @martinbernal5693
    @martinbernal5693 Місяць тому +1

    What happens to the byproduct? It’s just sand at that point or is it more complicated than that?

  • @BloatedBearucraticNightmare
    @BloatedBearucraticNightmare День тому

    Does that plant make bars all day and night?
    or
    Do they pour like on a schedule?
    or
    Just when they have enough gold to pour so many bars?

  • @tommybokelman5565
    @tommybokelman5565 Місяць тому

    One of The biggest open pit gold mine in the United States is in Mojave City California. I've been waiting for a video on that one

  • @69FTWB
    @69FTWB Місяць тому +1

    It’d be super cool if you looked at the tailings ponds of some of these mines. I know its not the most glamorous part of gold mining but it’s super cool (to me…I work on a TMA) millions and millions of yards of rock/clay/sand placed super precisely

  • @BloatedBearucraticNightmare
    @BloatedBearucraticNightmare День тому

    Do they backfill in compact the holes

  • @shopshop144
    @shopshop144 29 днів тому

    After the gold bars get to the point as in this video, 80% gold, is that the end of the road for Kinross, or do they refine the gold further else where? Good video!

  • @Jasonbourne69
    @Jasonbourne69 Місяць тому +5

    Didn’t know Trojan made explosives but I guess they were already good with explosions

  • @thisismyusername6717
    @thisismyusername6717 Місяць тому +2

    Damn they dont leave NONE behind😂
    Awesome video!

  • @seanchiarot
    @seanchiarot Місяць тому

    Gotta say; I have no clue how this ended up on my for you page.... but I'm glad it did; this was quite interesting!

  • @Jack-ne8vm
    @Jack-ne8vm Місяць тому +4

    Make the waste dumps or heap leach look like pyramids. Something to see from the air. How about making a video of decommissioning a big mine? Does a lot of it get buried in the pit?

  • @justusm7171
    @justusm7171 Місяць тому +3

    We see what you are constantly thinking about A-Aron, separate the race 🤣🤣🤣🤣🤣🤣🤣🤣🤣. Love the edits bruh.

  • @dgsantafedave1
    @dgsantafedave1 Місяць тому +4

    Mine, Mine all Mine!!!! Love that cartoon!

  • @OzGeologyOfficial
    @OzGeologyOfficial 19 днів тому

    Excellent video! Thanks for making this I’m having a nice little binge on your videos. Top quality production.

  • @socalcasedog
    @socalcasedog Місяць тому +1

    Cool perspective of where I work.

  • @mikegewalt4122
    @mikegewalt4122 11 днів тому

    Around 35 Billion in today's price of gold. Great video!

  • @gabriellemos2406
    @gabriellemos2406 13 днів тому

    Come to Kinross in Brazil too. 🇧🇷

  • @sveannnnnnn7578
    @sveannnnnnn7578 Місяць тому +1

    great video, watching from Sweden !

  • @alanmunroe8332
    @alanmunroe8332 17 днів тому +1

    Dec 2017 I had the opportunity to haul the boom pivot base, (63,000 lbs, 9' 6" wide x 13' long x 9' tall) for a Rope Shovel to Round Mountain NV.
    The Bucket weigh was in excess of 100,000lbs.
    The bottom door was 13'+ wide x ~20' long x ~2' tall at 35,000 lbs.
    It took the Cat Team 46 days to assemble the entire project😊
    What an experience.😊😊

  • @pyro323
    @pyro323 Місяць тому +1

    I was waiting for Aaron to say he had a blast blasting all that rock!

  • @delviscandelario5749
    @delviscandelario5749 20 днів тому

    The video is very interesting, many people would like to have a kilo of gold and see here how much is produced, what life is like.

  • @nicholasmorello6370
    @nicholasmorello6370 20 днів тому

    I live a hour and a half from there. Always wondered how they did it. Thanks.

  • @johnroney3556
    @johnroney3556 2 дні тому

    Great informative video on the complete process. I use to work at a small gold mine and mill in the early 80's. As a young kid in my 20's i learned so much about all the different phases of mining. From geology to labor to mechanic to mill man to cook, i did a lot of different jobs. Mining gets into your blood, its not just a job but a way of life.

  • @treadwell8481
    @treadwell8481 21 день тому

    Should see if coeur will let you tour the kensington gold mine in Juneau, Ak.

  • @heinekenczech
    @heinekenczech Місяць тому

    Awesome vid. Thank you.

  • @crazeddevastation
    @crazeddevastation 20 днів тому

    You were so close to us. Need to come visit NGM Carlin.

  • @barnyardbrio7597
    @barnyardbrio7597 18 днів тому

    that is incredible

  • @tristenklein5940
    @tristenklein5940 Місяць тому +4

    Any idea what the time frame is from the day the mine purchases the CAT Shovel to the time it actually begins operation? How about the time frame involved in assembling the shovel onsite?

    • @austinotto3551
      @austinotto3551 Місяць тому +4

      I work for cat I have worked on two of the shovels at round mountain but I’ve built some but I don’t know about time from factory to the mine but assembly is about two month give or take a couple weeks

    • @AaronWitt
      @AaronWitt  Місяць тому +7

      They’re usually ordered years out. Assembly takes a few months

    • @mzee5533
      @mzee5533 Місяць тому +4

      With experienced guys a single shovel assembling is 3months max. I was in the assembling team of the same Bucyrus 495HR2 it took us 3 months and all of us were newbie’s to the shovel we only had 3 experienced guys from 🇨🇱.

  • @anon58973
    @anon58973 Місяць тому +2

    Wouldn't a little bit of alchemy be easier than this process?

  • @macgoob3214
    @macgoob3214 Місяць тому +2

    For context the average gold bar (like the o e he holds) costs $750k+ USD

  • @thomasmiracle7826
    @thomasmiracle7826 Місяць тому +2

    My mom hauls gold ore out of the mine outside spring creek there in Nevada what will blow your mind is Canada owns all that gold

  • @joymaftytiwgg
    @joymaftytiwgg 26 днів тому

    Amazing gold land..! USA

  • @listcheck
    @listcheck 10 днів тому

    We need more of these mines all over

  • @srreventon
    @srreventon Місяць тому +1

    Nice documentary i wonder if the host attended the colorado school of mines?
    I have seen the open pit gold mine in hermosillo mx
    My fav documentary is "the largest gold mine in the world (spark)

  • @richardbeee
    @richardbeee 17 днів тому +1

    Wow! That was cool. Now I can put a visual of the mine with the high grade specimens that I recently saw for sale. Nice job. Just for clarity though, cyanide dissolves the gold. Gold will cling to mercury. I'm a retired assayer and refiner of precious metals. Loved my first pit shot also. Incredible!😊

  • @FjHenderson
    @FjHenderson Місяць тому

    How does it take to get to the bottom of the pit from the top?

  • @peteratkinson1939
    @peteratkinson1939 Місяць тому

    very good video

  • @bariyowfathe
    @bariyowfathe 12 днів тому

    ❤ ilove mining ⛏️⛏️ i

  • @donovanbuffalo-macdonald6235
    @donovanbuffalo-macdonald6235 Місяць тому

    The ball on the back of the shovel is like what syncrude does in fort Mac but over here we use whips on the counterweight for self spot

  • @damaddog8065
    @damaddog8065 21 день тому

    Nice work.

  • @user-le5zd4uj2h
    @user-le5zd4uj2h 20 днів тому

    I curious what happens when a big truck breaks down during the haul back and the road service mechanic can’t fix it, how would u tow them out?

  • @mattfrancis4720
    @mattfrancis4720 Місяць тому +1

    You should try and do a video on Stillwater mine in Big timber Montana. Just out of Bozeman, Montana. It’s an underground hard rock mine. Pretty cool place. I worked there for a while!

    • @AaronWitt
      @AaronWitt  Місяць тому +1

      I grew up spending summers not far in Red Lodge

  • @greggreg2263
    @greggreg2263 20 днів тому +1

    How much would it cost to build an operation like this from scratch?🤑

  • @mikejones-nd6ni
    @mikejones-nd6ni 12 днів тому +1

    Whos this ran by? Crazy operation.

  • @andersonlynn3686
    @andersonlynn3686 Місяць тому +1

    You mean there’s no made up drama and bunch of breakdowns , nice professional setup and video .

  • @lindokuhlemasilela4331
    @lindokuhlemasilela4331 Місяць тому

    Hi, I’m from a small town in South Africa, Mpumalanga called Kinross.

  • @thomasesteb9589
    @thomasesteb9589 8 днів тому

    Great clip 👍

  • @billbradley2480
    @billbradley2480 Місяць тому +1

    Wow that’s about 1245 ounces of gold and silver etc per day produced since 1985.

  • @jonnysawatzky
    @jonnysawatzky Місяць тому

    Great video guy's, maybe a bit to much brol, or maybe show brol with more voice over😊

  • @Reloykaotica
    @Reloykaotica 29 днів тому

    for anyone interested in how much 15 million ounces cost as of 8 days ago when this video came out it is roughly 3.6 Billion

  • @motel581
    @motel581 Місяць тому

    Aaron was fan boyin hard here lol so excited

  • @_monti142
    @_monti142 Місяць тому +11

    how much gold would be in 250 tons of ore

    • @Pawsome_Opossum
      @Pawsome_Opossum Місяць тому +24

      As of a 2017 mineral estimate report their grade is about 0.7 grams per ton of ore, which puts that at 175 grams of gold. Current gold prices are around $76 a gram, so that would be just over $13,000.

    • @lavdrimdemiri8167
      @lavdrimdemiri8167 Місяць тому +2

      Those are some horrible numbers, are you sure about that?

    • @AaronWitt
      @AaronWitt  Місяць тому +8

      They said not much in each truck

    • @vicbartsch351
      @vicbartsch351 Місяць тому

      If it’s only 0.7 grams per ton that explains the heap leach they have. 3-5 grams is usually what they need to see to be worth crushing and concentrating. I’m surprised they don’t have any Knelson concentrators at this mine. More efficient than spirals I’d say.

  • @stevemiller2296
    @stevemiller2296 18 днів тому +1

    needs some dust control

  • @markissboi3583
    @markissboi3583 Місяць тому +1

    thats a lot gold kinross has taken out the ground 15mil oz's worth over $295 billion

  • @TechGorilla1987
    @TechGorilla1987 Місяць тому

    @8:51 - With a flocculant.

  • @connorthomas2667
    @connorthomas2667 Місяць тому

    28.11600 billion US$ since 2018 so around 30 billion made from this mine today

  • @davidanalyst671
    @davidanalyst671 Місяць тому

    Ive never seen those tailings leeching system before. Thats pretty wild. The Electrolytic process with electricity in the tanks would be too much hassle for so little gold I assume? How long does a pile of tailings sit there under the leeching pond? Does it get added to as the shaker tables create more tailings or was it just old tailings? This is so interesting. They spent a lot of money to build the building in order to keep the dust down. They still use anfo for blasting in the industry. Ive heard people are trying to change that up, but if it works, then it works.

  • @nvrnlumby3
    @nvrnlumby3 Місяць тому

    One of my best friends worked down there for a bit as a mechanic. Loved it and made a great living but he was gone too much from his kids.

  • @ernierundall1336
    @ernierundall1336 Місяць тому

    Great video

  • @redhammer6601
    @redhammer6601 Місяць тому

    why is the ground moving at 3:02 lol? just a camera effect? if not thats scary lol

  • @jeanettewest
    @jeanettewest Місяць тому

    Didnt show primary crusher, bedt part.

  • @travisk5589
    @travisk5589 Місяць тому

    Where does the round mountain mine get their water and electricity

  • @vincentgrinn2665
    @vincentgrinn2665 Місяць тому

    looking at the path the haul trucks take to get out of the mine
    how often does that route shift as they change working faces
    like obviously a mine this big should be using electric dive haul trucks with trolley wires, which ofcourse require overhead wire infrastructure that you dont want to be moving around very often
    does the haul roads and mine faces change around so much to make long(ish) term infrastructure an issue?

    • @jimbeam2705
      @jimbeam2705 Місяць тому

      You sound like a 🤡. 😂

  • @caljustis1579
    @caljustis1579 Місяць тому

    Is it just me or was the ground moving at 3:00? Seems kinda sketchy to have that bucket and truck on that

  • @ting2222
    @ting2222 27 днів тому

    Need to buy it all and put in national reserve.

  • @larryslobster7881
    @larryslobster7881 Місяць тому

    14:02 and they say we are not a value creation economy

  • @lutomson3496
    @lutomson3496 Місяць тому

    I have friends that work the mines there are several in the area and employ a lot of.people

  • @sethtothemax
    @sethtothemax Місяць тому

    you should come down to three rivers rock here im smithland where we dump directly from 777 haul trucks into barges its awesome i love doing it

  • @bloodspartan300
    @bloodspartan300 25 днів тому

    I wonder if this plays into how much the state get to borrow from the fed? Because it def should.

  • @mouzz
    @mouzz Місяць тому

    Freddy Dodge : Well I think you need to install some sluices.

  • @Darkmatter2134
    @Darkmatter2134 4 дні тому

    Just imagine all this work to produce gold for electronics that just end up in landfills in a few years.

  • @lastguy8613
    @lastguy8613 Місяць тому +3

    Cant believe they've mined all that gold but they just leave it in those huge ingots outside the mine gates?! Like don't they need to sell some
    Must be a very trusting neighbourhood..

  • @Lracer61
    @Lracer61 Місяць тому

    Great video!

  • @Matthew-ld9wx
    @Matthew-ld9wx Місяць тому

    400 billion dollars in gold produced since 1980 at round mountain

  • @Stealth86651
    @Stealth86651 Місяць тому

    Oh man pressing the buttons never gets old

  • @BrorGertrud
    @BrorGertrud Місяць тому +2

    So that enormous hole has basically only generated those three big bars. The rest is just waste.

  • @giggity8249
    @giggity8249 19 днів тому

    3 words.....NO INCLEMENT WEATHER. VERY KEY TO SUCCESS IN THE INDUSTRY. AS LONG AS YOU HAVE WATER.

    • @giggity8249
      @giggity8249 19 днів тому

      I have been prospecting and collecting gold half of my life. Sitting on 2 Oz . now. But, how I feel about ra ping the landscape.....is different.

    • @giggity8249
      @giggity8249 19 днів тому

      That land won't recover for a millennium.

  • @Patrick-hz2im
    @Patrick-hz2im 18 днів тому

    Im going to adopt that...
    "It was not my first time, but it was sweet" while pointing the finger directly at them.
    I call them "greenhorn hunters". You know the type. The subtle pissing contest of who has done more and knows more where they take any opportunity to verbally hint at someone being beneath them in one way or another. At least thats the vibes i always get. It drives me crazy

  • @irwansanti-kq6hu
    @irwansanti-kq6hu 17 днів тому

    gold cianida proses

  • @anthonyk6265
    @anthonyk6265 Місяць тому +1

    This kid's the new Mike Rowe😂

  • @american7169
    @american7169 Місяць тому

    Kind of suprises me they don't refine it there as well

  • @briancooper4177
    @briancooper4177 7 днів тому

    OHHHH this is great for the earth huh?

  • @1oddtech
    @1oddtech Місяць тому +2

    Cyanide hell may as well go ahead and just use mercury

  • @stoveguy2133
    @stoveguy2133 23 дні тому

    Gramps gave me ball from 1930 Hibbing ore mine.

  • @Eeddee408
    @Eeddee408 17 днів тому

    I wonder does if these caterpillar vehicles take gas???

  • @SuperbCuts
    @SuperbCuts Місяць тому +1

    Never knew gold mining got this complex. Great video!

    • @AaronWitt
      @AaronWitt  Місяць тому +2

      Thanks for watching