Global measured and indicated mineral resources of 20.5 million ounces (inclusive of mineral reserves)

Advancing North America's 4th Largest Gold Reserves Towards Development

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Message: New LOM plan Detour Lake Mine Feb 6,2014
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Highlights (Published Feb. 6th , 2014)

The new LOM plan for the Detour Lake mine calls for annual gold production to average 660koz at total cash costs of US$657/oz over a 21.7-year mine life. We estimate the Detour Lake mine yields a DCF valuation of C$3.4b (C$22.71/share) using a 5% discount rate and US$1,338/oz gold price over the life of the asset based on our somewhat more conservative estimates.

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Detour Lake Gold District Heating up again this year
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Soltera Mining
Mar 02, 2015 07:24AM
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