Asset Report
Karma gold mine
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Karma is a low-grade heap leach operation, with a low strip ratio. It consists of several shallow open-pit deposits. In 2017, an optimization project was completed to lift the stacking capacity. Ore is treated at a 5Mt/a heap leach facility with an estimated gold recovery rate of 80%. The mine is owned and operated by Endeavour Mining following its takeover of True Gold in April 2016. First gold pour took place in April 2016 and commercial production was achieved in October 2016. Karma produced 98koz of gold in 2020.
Table of contents
- Summary
- Key issues
- Mining
- Processing
- Stream financing
- Offtake agreement and refining contracts
- CAPEX
- Royalties & Taxes
Tables and charts
This report includes the following images and tables:
- Detailed map
What's included
This report contains:
