Asset Report

Meadowbank gold mine

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06 September 2018

Meadowbank gold mine

Report summary

Meadowbank is an owner-operated open pit operation utilising conventional drilling, blasting and truck and shovel methods. The Meadowbank complex comprises the Meadowbank and Amaruq deposits. The process plant has a design capacity of 3.6Mt/a and comprises gravity concentration and carbon-in-pulp (CIP) circuits. Mill recovery is around 94%, with about 40% typically recovered in the gravity circuit. In 2017, the mine produced 353koz of gold and 275koz of silver. The Amaruq project is planned as a satellite deposit to extend the life of the mining operation until 2024, with stockpile processing in 2025. Ore production will commence in Q3 2019 from the Whale Tail open-pit as part of Phase 1 followed by the V Zone (IVR pit) under Phase 2 in 2020. Ore from Amaruq will be trucked to the mill at Meadowbank for processing at a rate of 9kt/d. Mill recovery is expected to average 93% for average annual gold production of 339koz.  

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