Asset Report
Coffee gold mine project
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Report summary
The Coffee project will be a conventional open pit mine utilising heap leach processing at a throughput capacity of 5Mt/a. Life of mine (LOM) is expected to be 10 years with an average strip ratio of 5.7:1. Ore will be sourced from several deposits including Latte and Supremo. A positive Feasibility Study was published in February 2016. Goldcorp completed its C$520 million acquisition of Kaminak Gold Corporation in July 2016. In 2017, Goldcorp allocated US$8 million toward exploration and permitting activities at the project. The exploration and permitting phase is expected to continue through 2019 and first production anticipated by 2021.
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- Summary
- Key issues
- Mining
- Processing
- CAPEX
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