Name of the Project
Bald Mountain Redbird 2 project.

Location
Bald Mountain mine, Nevada, US (Redbird pit and satellite pits).

Project Owner/s
Kinross Gold Corporation.

Project Description
Redbird 2 comprises Phase 2 of the Redbird pit, together with five satellite pits (Poker, Casino, Bida, Galaxy and Saga), intended to extend Bald Mountain’s openpit heap-leach operations.

Redbird and the satellite pits add a combined 643 000 oz of gold production, with about 155 000 oz/y of gold expected, extending Bald Mountain’s mine life to early 2032.

The project leverages existing infrastructure, equipment and workforce at Bald Mountain. Redbird is planned as the next anchor pit while concurrent satellite pits support the production profile and economies of scale.

Processing is planned on the existing heap-leach facilities: Redbird 2 ore on the Bald Mountain heap-leach pad and satellite pit ore on the Mooney heap-leach pad. 

The mine plan centres on laybacks of previously mined pits, with peak mining rates of about 229 000 t/d and an average processed grade of about 0.5 g/t gold.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
At $4 300/oz gold, Kinross has reported an after-tax net present value, at a 5% discount rate, of $1-billion and an internal rate of return of 58%, with a payback of 1.7 years.

Capital Expenditure
Initial project capital costs are estimated at $490-million over three years, primarily for waste stripping, heap-leach pad expansions and process infrastructure enhancements, including the installation of a sulphidisation, acidification, recycling and thickening, or SART, plant.

Planned Start/End Date
First production is expected in 2028.

Latest Developments
On January 15, 2026, Kinross announced it is proceeding with construction. The company stated that permitting is well advanced, with the Redbird pit, three of the five satellite pits and both heap-leach facilities fully permitted, allowing for project ramp-up in 2026.

Key Contracts, Suppliers and Consultants
Not stated

Contact Details for Project Information
Kinross Gold Corporation, tel +1 416 365 5123 or email info@kinross.com