Asset Report

Mount Gordon (Gunpowder) copper minesite

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Mount Gordon, previously known as Gunpowder, consists of three deposits: Esperanza, Esperanza South and Mammoth. Aditya Birla purchased the Mt Gordon copper operation in November 2003. The operation has the capacity to mill 1.2Mt/a ore from the Mammoth underground declining operation. Mt Gordon operations were put under Care and Maintenance in April 2013 in order to carry out a strategic review by ANZ Bank, subsequent to a Scoping Study carried out by AMC Consultants. The re-start of operations is analysed in a separate analysis. The accompanying analysis accounts for the historic production at the Mount Gordon mine between 1990 and 2013.

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