Fuwan is essentially a silver deposit, with minor gold, zinc and lead mineralisation. The project is located approximately 45km southwest of Guangzhou city, China. It is well located in terms of infrastructure and local availability of labour. Changkeng gold project is located adjacent to Fuwan deposit. The owner intends to develop Fuwan-Changkeng as one project. 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.