Siana Gold Project

SIANA GOLD PROJECT DEVELOPMENT

The Siana development comprises an open pit operation followed by an underground mine, with ore treated through a conventional modern gravity and carbon-in-leach plant to produce gold dore.

The project, as originally designed, delivers a minimum 849,000 ounces of gold production at a cash cost of sub US$400 per ounce over a ten year life.  Extensions to the mine life are currently under review.

The Siana orebody remains open in the north and south, and below 400 metres vertical.

The first gold poured on 3 February 2012 and commercial production (defined as 60% of the initial nameplate capacity of 750,000 tonnes per annum) was declared on 16th April 2012.

 

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