| Paracatu Project |
|
Paracatu |
|
Country |
Brazil
|
|
Province |
Minas gerais |
|
|
|
Close to |
Paracatu |
|
Status |
PRODUCTION
|
|
|
|
|
|
|
|
|
Latitude / Longitude |
17 S 2 / 46 W 34 |
|
|
|
|
Legends
|
|
|
|
|
|
|
|
|
|
| Risk and valuation analysis of the Paracatu Project |
|
|
|
|
|
|
|
|
|
| Title(s) of the Paracatu Project |
 | Kinross Gold Corporation
Owner: 100% |
 | | | | |
| Title | Company Profile | All Projects | Company website | Company project page |
|
| Kinross acquired its ownership interest in the Paracatu open pit mine upon completion of the combination with TVX on January 31, 2003. On December 31, 2004, Kinross completed the purchase of the remaining 51% of Paracatu from Rio Tinto. |
|
|
|
| Location of the Paracatu Project |
|
The Paracatu mine is located less than three kilometers north of the city of Paracatu, situated in the northwest part of Minas Gerais State, 230 kilometers from Brasília, the capital of Brazil.
|
| |
| History of the Paracatu Project |
|
Gold mining has been associated with the Paracatu area since 1722 with the discovery of placer gold in the creeks and rivers of the Paracatu region. Alluvial mining peaked in the mid -1800’s and until the 1980’s; mining activity was largely restricted to garimpiero (artisinal) miners.
|
| |
| Geology of the Paracatu Project |
|
|
Anamalous gold and sulphide mineralization is localized within a 120 – 140 meter thick high strain zone that dips gently (20°) to the SW and is traceable for over 6 km along a NE-SW trend, and more than 3 km in width.
|
| |
|
|
|
|
|
| Production history |
| Metal | 2005 | 2004 | 2001 | 2000 |
| GOLD (oz) | 92,007 | 156,308 | 279,427 | 242,105 |
|
|
|
|
|
|
| Discoveries and Drilling Results | |
|
|
|
Data last updated on : 12/31/2008
|
|
Disclaimer
|
|
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.
|
|
|
|
|
