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Guelb Moghrein Project
Guelb Moghrein
Country
Mauritania
Province
Akjoujt
Close to
Nouakchott
Status
PRODUCTION
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Copper - Gold -
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Risk and valuation analysis of the Guelb Moghrein Project
Status Risk : Production
Resource Risk : 50.00%
In situ value
1,693,466,892 $
Title(s) of the Guelb Moghrein Project
First Quantum Minerals Ltd.
Interest: 80%
Title
Company Profile
All Projects
Company website
Company project page
The Company controls an 80% interest in Guelb Moghrein which it holds through a subsidiary. The remaining 20% is owned by Guelb Moghrein Mines d’Akjoujt and General Gold Ltd.
Location of the Guelb Moghrein Project
The Guelb Moghrein deposit is located 250 kilometres northeast of the nation’s capital, Nouakchott, near the town of Akjoujt and is accessible by paved highway.
History of the Guelb Moghrein Project
Guelb Moghrein produced its first copper in concentrate in July 2006.
Geology of the Guelb Moghrein Project
Guelb Moghrein appears to be of Iron Oxide Copper Gold (IOCG) type, and is hosted by gently dipping mafic volcanics and sediments, adjacent to a small gabbroic intrusive. Copper-gold mineralization, which comprises coarsely disseminated chalcopyrite
more...
Reserves and resources of the Guelb Moghrein Project
Tonnage
Grade
Reserves and resources
Copper
Gold
Copper
Gold
%
g/t
lbs
oz
Mesured and Indicated
27,300,000
1.88
1.40
1 131 500 514
1 228 802
Total
27 300 000
1 131 500 514
1 228 802
Definitions
Reserves and resources of the Guelb Moghrein Project
Metal
Total
Reserves
Resources
Unit
In situ value
Proven
Probable
Proven and Probable
Mesured and Indicated
Inferred
Copper
1 131 500 514
1 131 500 514
lbs
3 744 700 953 US$
Gold
1 228 802
1 228 802
oz
1 670 678 565 US$
Production history
Metal
2010
2009
COPPER (lbs)
81,570,000
80,700,000
GOLD (oz)
81,800
93,352
Exploration and drilling
7/26/2012
Announces the Resumption of Operations at Its Guelb Moghrein...
7/17/2012
Temporarily Suspends Operations at Its Guelb Moghrein Mine
1/13/2011
Reports 2010 Production of 322,700 Tonnes of Copper and 191,...
Discoveries and Drilling Results
2/12/2008
Publishes Resource for Guelb Moghrein Copper-Gold Mine in Ma...
Data last updated on : 7/31/1998
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources
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