Tennant Consolidated Mining Group
- Company typePrivate
- Founded2020
- HeadquartersPerth, Australia
- Headcount11–50
- GTM typeB2B
- OfferingServices
Tennant Consolidated Mining Group firmographics
Firmographics- Name
- Tennant Consolidated Mining Group
- Legal name
- Tennant Consolidated Mining Group
- Website
- https://tennantmining.com.au
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Tennant Consolidated Mining Group industry classification
Industry- Product category
- Gold Mining
- NAICS
- Gold Ore and Silver Ore Mining (212220), Gold Ore and Silver Ore Mining (21222), Copper, Nickel, Lead, and Zinc Mining (212230), Other Metal Ore Mining (21229)
- SIC
- Gold And Silver Ores (1040), Metal Mining (1000)
- akta.pro primary industry
- Gold Mining (IMAKAEAA)
- akta.pro secondary industries
- Precious Metals Ore Processing & Beneficiation (IMAKAEAD), Exploration & Resource Development (Critical Minerals) (IMAKAFAL), Copper By-Products Recovery (Molybdenum, Gold/Silver, Sulfuric Acid) (IMAKADAH), Tailings & Water Management Engineering (TSF Design/Construction, Dams, Water Treatment) (IMAKAOAF)
Keywords
Where Tennant Consolidated Mining Group is headquartered
LocationHeadquarters
- HQ city
- Perth
- HQ country
- Australia
- HQ region
- Oceania
Offices2 records
Markets served
Tennant Consolidated Mining Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D
Revenue model
- Gold Production and Sales: Mining operations producing gold from surface stockpiles, tailings, and underground mining. Gold is sold as a commodity to refiners and commodity markets. Initial production of 50,000 oz/year expanding to over 100,000 oz/year with Warrego development.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Tennant Consolidated Mining Group product offering
Product offeringCore offering
TCMG operates integrated gold mining and processing at the Tennant Creek Mineral Field in Australia's Northern Territory. Initial production of 50,000 oz/year is sourced from surface stockpiles and tailings processed through the Nobles gold processing plant, with phased expansion through underground mining at the Nobles and Warrego projects targeting 100,000+ oz/year of gold plus 10-15kt of copper from polymetallic ore.
Product overview
Tennant Consolidated Mining Group (TCMG) operates as an integrated gold mining and processing business within the Tennant Creek Mineral Field in Australia's Northern Territory. The core offering centers on the Nobles Gold Project, which features a gold processing plant (being reconstructed by COMO Engineers with commissioning expected mid-2025) and processes surface stockpiles and tailings for immediate production. Underground mining operations support long-term production from multiple deposits. The portfolio includes the Warrego Project for polymetallic (gold and copper) expansion, targeting 10-15ktpa copper alongside gold production exceeding 100,000 ounces annually. Environmental services include dry stack tailings management. Initial annual capacity is 46,000-50,000 ounces of gold, expandable through phased development of Nobles, Warrego, and nearby underground operations.
Differentiator
Problem solved
Functional benefit
Products and services
- Nobles Gold Project
- Warrego Project
- Surface Stockpiles and Tailings Processing
Quantifiable outcome
- 144% IRR (real ungeared) with payback under 3 years
- +2 more outcomes
Companies that use Tennant Consolidated Mining Group
Customer profileSegments1 record
Ideal customer profiles1 record
Tennant Consolidated Mining Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Tennant Consolidated Mining Group partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- COMO EngineerscoreCOMO Engineers is reconstructing the gold processing plant at the Nobles Gold Project. Commissioning is expected by mid-2025. This is a critical technology partnership for the processing of gold ore from Tennant Mines operations.
Scale indicators14 records
Recent moves7 records
Expansion highlights6 records
Tennant Consolidated Mining Group competitors and assessment
Company assessmentDirect peers
- Ramelius Resources: Australian gold producer with underground and surface operations producing ~300k oz/year. Comparable as a Western Australian gold miner with staged expansion strategy, similar polymetallic opportunity potential and Tier 1 jurisdiction focus.
- Northern Star Resources: One of Australia's largest gold producers with multiple underground and open-pit operations. Directly comparable as an Australian gold miner with a Tier 1 jurisdictional footprint and similar underground production methodology used at Tennant.
- Resolute Mining: Australian-listed gold producer with operations in Africa and Australia. Comparable as a gold producer with multiple jurisdictions including a Tier 1 Australian presence, similar underground mining approach, and growth-focused strategy.
- Evolution Mining: Australian mid-cap gold producer operating multiple underground and open-pit mines. Comparable in production scale and underground mining focus, with comparable AISC economics targeting the Australian gold market.
- Vault Minerals (formerly Red 5 Limited): Australian gold producer acquired by Silver Lake. Comparable as an Australian gold producer focused on underground operations with growth potential, similar AISC economics and Tier 1 jurisdictional positioning.
- Capricorn Metals: Australian gold producer focused on single-asset Mt Gibson gold mine. Directly comparable in scale (~50-100k oz/year) and as a single-asset focus gold miner in Australia with production growth trajectory.
Broad incumbents
- Newmont Corporation (Australia): World's largest gold mining company with significant Australian operations including Boddington. Comparable as a Tier 1 jurisdictional gold producer with established processing infrastructure, polymetallic operations, and dry stacking tailings management.
- AngloGold Ashanti: Major global gold producer with diversified portfolio across multiple jurisdictions. Comparable as a parent-style gold mining platform with similar staged underground expansion strategy and polymetallic exposure.
Regional players
- Tanami Gold: Australian gold explorer with operations in the Tanami region. Comparable as a small-cap Australian gold-focused explorer with similar underground mining focus and growth profile.
- Emmerson Resources: Tennant Creek-focused gold and copper explorer with multiple deposits in the same mineral field. Highly comparable based on shared geography, similar small-scale gold-copper project portfolio, and shared regional infrastructure advantages.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Tennant Consolidated Mining Group social profiles
Digital presenceTennant Consolidated Mining Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tennant Consolidated Mining Group leadership team
Management profileNumber of profiles
Tennant Consolidated Mining Group subsidiaries and ownership
Company hierarchySubsidiaries2 records
Tennant Consolidated Mining Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tennant Consolidated Mining Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Tennant Consolidated Mining Group
What does Tennant Consolidated Mining Group do?
TCMG operates integrated gold mining and processing at the Tennant Creek Mineral Field in Australia's Northern Territory. Initial production of 50,000 oz/year is sourced from surface stockpiles and tailings processed through the Nobles gold processing plant, with phased expansion through underground mining at the Nobles and Warrego projects targeting 100,000+ oz/year of gold plus 10-15kt of copper from polymetallic ore.
Is Tennant Consolidated Mining Group a public or private company?
Tennant Consolidated Mining Group is a private company. It is classified as corporate owned and is currently operating.
When was Tennant Consolidated Mining Group founded?
Tennant Consolidated Mining Group was founded in 2020. It employs 11 to 50 people.
Where is Tennant Consolidated Mining Group based?
Tennant Consolidated Mining Group is headquartered in Perth, Australia, in the Oceania region.
How does Tennant Consolidated Mining Group make money?
One revenue line is on record: gold Production and Sales.
Who are Tennant Consolidated Mining Group's main competitors?
Direct peers on record are Ramelius Resources, Northern Star Resources, Resolute Mining, Evolution Mining, Vault Minerals (formerly Red 5 Limited) and Capricorn Metals. Broad incumbents are Newmont Corporation (Australia) and AngloGold Ashanti. Regional players are Tanami Gold and Emmerson Resources.
Does Tennant Consolidated Mining Group have an API?
No public API is recorded for Tennant Consolidated Mining Group.
What industry is Tennant Consolidated Mining Group in?
Tennant Consolidated Mining Group's product category is Gold Mining. Its primary akta.pro industry code is IMAKAEAA, Gold Mining, with a secondary code of IMAKAEAD, Precious Metals Ore Processing & Beneficiation. Its NAICS code is 212220 and its SIC code is 1040.