Asset report

Shahumyan (Kapan) gold mine

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Report summary

Kapan is an underground mine with a plant capacity of 750kt/a. Actual mine throughput has been significantly below this though and in 2014 the operation treated 406kt of ore. Work is on going on evaluating the possibility of expanding the plant capacity to 1Mt/a. A positive PEA to that effect was completed in October with a decision on proceeding to a full feasibility expected in H2 2015. The accompanying analysis assumes that the expansion will go ahead.

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    Shahumyan (Kapan) gold mine

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  • Location maps: Image 1

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  • Key facts: Table 1

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