| North Lanut Project |
|
North Lanut |
|
Country |
Indonesia
|
|
|
|
|
|
|
Close to |
Sulawasi |
|
Status |
PRODUCTION
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Legends
|
|
|
|
|
|
|
|
|
|
| Risk and valuation analysis of the North Lanut Project |
|
|
|
|
|
|
|
|
|
| Title(s) of the North Lanut Project |
 | Avocet Mining PLC
Interest: 80% |
 | | | | |
| Title | Company Profile | All Projects | Company website | Company project page |
|
| Avocet purchased an 80% interest in PT Avocet Bolaang Mongondow ('PT ABM'), an Indonesian company holding a 6th generation Contract of Work (‘CoW’), from Newmont Mining Corporation in 2002. |
 | Franco Nevada Corp.
Net Smelter Return: 5% |
| | | | |
| Title | Company Profile | All Projects | Company website | Company project page |
|
|
|
|
|
| Location of the North Lanut Project |
|
The North Lanut gold mine, located 150 km south-west of Manado, on the north arm of the island of Sulawesi in Indonesia.
|
| |
| History of the North Lanut Project |
|
Gold production commenced in October 2004 following a one year construction period. Gold is extracted by heap and dump leach techniques at a production rate of 1,200,000 to 1,400,000 tonnes per annum, with the oxide ore yielding high recoveries and the transitional ore lower recoveries.
|
| |
|
|
|
|
|
| Production history |
| Metal | 2009 | 2008 | 2007 | 2006 |
| GOLD (oz) | 41,017 | 74,183 | 48,170 | 54,519 |
|
|
|
|
|
|
|
|
|
Data last updated on : 9/30/2009
|
|
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.
|
|
|
|
|
