Asset report

Ilovitza gold mine

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Report summary

Ilovitza will consist of an open pit mine and a conventional mill and flotation processing plant producing a copper concentrate and a gold dore. Mine life is estimated at 20 years and average annual gold and copper production is 2t and 15kt respectively.

What's included

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  • Document

    Ilovitza gold mine

    PDF 842.81 KB

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    Ilovitza gold mine

    XLS 136.00 KB

Table of contents

  • Key facts
    • Summary
    • Key issues
    • The operation will be sensitive to diesel and electricity prices as fuel and power costs account for a significant component of mining and processing costs respectively.
    • To part finance the development of the project Euromax entered into a US$175 million streaming agreement with Royal Gold in 2015.
  • Location maps
  • Participation
  • Geology
  • Production
    • Mining
    • Process
  • Costs
  • Timeline

Tables and charts

This report includes 2 images and tables including:


  • Detailed map


  • Key facts: Table 1

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