Asset Report

Cote gold mine project

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The property area spans 521 square kilometres, comprising the Cote deposit, the Chester 1 and numerous zones of mineralisation located in the Porcupine Mining Division. The project is planned as an open-pit mining operation, with ore treatment in a carbon-in-pulp (CIP) processing plant to produce gold dore on-site. In Q4 2018, a feasibility study was completed with two possible development options. In June 2022 a new Feasibility study was published envisaging an 18-year mine life and producing 6.58 Moz Au over the life of mine. The total initial capex was updated to US$2.73 billion, which was updated further to US$2.97 billion due to inflationary pressures at the time of construction. The first gold at the site was poured on March 31, 2024. The mine is expected to reach commercial production by Q3 2024.

Table of contents

  • Summary
  • Key issues
  • Emissions
  • Mining
  • Processing
  • Power
  • CAPEX
  • Royalties & Taxes

Tables and charts

This report includes the following images and tables:

  • Cote Emission Intensity Quartile ranking – Total global production - Tonnes Au equivalent
  • Detailed map

What's included

This report contains:

  • Document

    Cote gold mine project

    XLS 122.00 KB

  • Document

    Cote gold mine project

    PDF 1.45 MB