Oct 28 (Reuters) - Newmont Mining Corp (N:NEM) NEM.N :
* Adds profitable gold production through expansion of tanami in Australia
* Plans to expand its tanami operations in Australia by building a second
decline in the underground mine and additional plant capacity
* Says expansion project is expected to add incremental gold production of
approximately 80,000 ounces per year
* Capital investment of between $100 million and $120 million will be funded
through free cash flow and available cash balances
* Says first commercial production is anticipated in the second half of 2017
* Says when the expansion is complete, tanami will produce between 425,000 and
475,000 ounces of gold per year
* Source text for Eikon ID:nBw6zCrj9a
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