Eldorado Completes Concentrate Treatment Plant at Kisladag
During 2012, the stockpiled concentrate will be processed along with the planned 2012 production from Efemçukuru. The underground Efemçukuru mine was com-missioned and started up in the second quarter of 2011. During 2012, the Efemçukuru concentrator is scheduled to process 380,00 mt of ore at a grade of 10.12 g/mt gold. Capital expenditures at the mine for the year will total $30 million and will include $15.2 million for completion of the construction program, $7.6 million for underground capital development, and $1.8 million to construct a road to bypass a local village. Exploration will continue to focus on drill testing the Kestani Beleni northwest extension and Kokarpinar vein systems, with 12,000 m of drilling planned.
Kisladag is a low-grade, bulk-tonnage, open-pit operation using heap leaching for gold recovery. During 2012, the mine is scheduled to place 12.5 million mt of ore on the leach pad at a grade of 1.08 g/mt gold. The 12.5 million mt is the design capacity for new equipment commissioned in 2011.
Capital spending at Kisladag in 2012 is estimated at $175 million. Most of this is for the commencement of engineering works on an expansion project to take the processing rate up to 25 million mt/y of crushed material plus 8 million mt/y of run-of-mine material. The total cost for this project is $354 million and commissioning is expected during 2014.
Exploration at Kisladag in 2012 will be a continuation of the 2011 geophysical surveying for deep target generation, with diamond drill testing (10,000 m) of iden-tified targets.