Segovia gold mine

The Segovia property comprises five underground mines (Providencia, El Silencio, Carla, Sandra K and Las Verticales) across 5.7km, located in the Segovia-Remedios mining district, 130km northeast of Medellin, Department of Antioquia, north-western Colombia. Mining operations are contracted to small contract miners (Empalizadas) who sell ore to Segovia at 55% of the prevailing market price. Wood Mackenzie’s asset reports are built from the bottom up, incorporating a number of granular data metrics to ultimately produce our industry standard cash operating costs. This report contains a detailed asset note giving you a holistic view of the asset, including an operational overview through to a timeline of events from inception to now. This qualitative analysis is supplemented by the associated Excel download which enables interrogation of a whole series of cost and production metrics over the life of the asset.