Asset Report

Karma gold mine

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06 September 2019

Karma gold mine

Report summary

Karma is an open-pit gold mining operation. Ore is treated at a 4Mt/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 109koz of gold in 2018. In 2019, the mine is expected to produce 105 - 115koz of gold.

Table of contents

  • Summary
  • Key issues
  • Mining
  • Process
  • Stream financing
  • Offtake aggrement and refining contracts
  • CAPEX
  • Royalties & Taxes

Tables and charts

This report includes 1 images and tables including:

  • Detailed map

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    Karma gold mine

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