Peak Gold Mines is a medium size gold and copper underground mining operation located in the Cobar Gold Field of Central West New South Wales, Australia which commenced production in 1992. Peak Gold Mines produces gold dore for sale at the Perth mint and copper concentrate which is sold to markets in Asia.
Operating Statistics1
|
Peak (100%) |
2006 |
2007 |
2008 |
|
Ore milled tonnes (000's) |
703 |
709 |
769 |
|
Milled grade Au g/t |
6.08 |
5.87 |
4.67 |
|
Total Recovery Au % |
89.2% |
88.0% |
87% |
|
Total Production Au (thousand ounces) |
122.6 |
116.5 |
100.5 |
|
Milled grade Cu % |
0.58% |
0.65% |
0.62% |
|
Total Recovery Cu % |
73.3% |
73% |
79% |
|
Total Production Cu lbs (000's) |
6,592 |
7,490 |
8,249 |
|
Total Cash Cost US$/oz sold2 |
215 |
243 |
478 |
|
CAPEX US$ M |
23 |
20.3 |
24.5 |
1. All figures are for full years, whereas, previously reported figures are subsequent to April 27, 2007, the date of the acquisition.
2. Cash costs are calculated net of by-product copper revenue