Ares operated between 1998 and 2014 producing 1.8Moz of gold (110kz/a). Production was from an underground mine with ore treated in a 280kt/a capacity conventional plant. In June 2014 this mine was closed due to lack of reserves and by 2016 it remained closed. Wood Mackenzie’s asset reports are built from the bottom up, incorporating a number of granular data metrics to ultimately produce our industry standard cash operating costs. This report contains a detailed asset note giving you a holistic view of the asset, including an operational overview through to a timeline of events from inception to now. This qualitative analysis is supplemented by the associated Excel download which enables interrogation of a whole series of cost and production metrics over the life of the asset.