Gold Mine Development: 1 - 5 years

Gold mine development is the second stage of the gold mining process. It involves the planning and construction of the mine and associated infrastructure. Mining companies must obtain appropriate permits and licenses before they can begin construction. This will generally take several years, although this varies greatly depending on location.

Construction may not be confined to the mine itself. In addition to potential processing capacity, mining companies frequently construct local infrastructure and amenities to support both logistical and operational needs, as well as employee and community welfare. This development provides much long-term support for local communities, and one of the key ways gold supports economic development.