The company's average 2011 production cost of sales is expected to be approximately USD600 per gold equivalent
ounce, within the guidance range.
59% Cu, containing 360,000 ounces of gold equivalent
(based on US$400 Au/oz, $6.
CVR informed ASX of its gold equivalent
production figures on 30 April 2013.
Minesite cash costs during the first five years are estimated at $304/oz on a gold equivalent
2 Moz on a gold equivalent
basis (65% attributable equals 11.
28 million ounces of gold equivalent
in the Measured & Indicated Resource categories and a further 7.
47 million ounces gold equivalent
at a cut-off of 0.
At full production, Hollister should produce 180,000 ounces of gold and 920,000 ounces of silver at a cost of $114/ounce of gold equivalent
The combined company will be a dual-listed intermediate producer with an international portfolio of precious metals assets including high grade resources of one million gold equivalent
During the 2008 second quarter, the company produced 43,465 ounces of gold and 1,445,887 ounces of silver, or 71,154 gold equivalent
ounces at a total cash cost of CDD506 per gold equivalent
ounce, which represents a 52% increase over the 2007 third quarter production and a 34% improvement in cash costs.
6M oz/yr silver, or about 160K oz/yr gold equivalent
1 million ounces of silver, or 122,800 ounces of gold equivalent
production per year when using gold to silver ratio of 65:1.