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6.12
Silver
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0.11
Platinum
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12.25
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1.80
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CAN $
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Euro
0.7770
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Sw Fr
0.9677
YEN
102.4820
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Gold / Silver
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Conga Project
Conga
Country
Peru
Close to
Cajamarca
Status
MINE DEVELOPMENT
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Risk and valuation analysis of the Conga Project
Status Risk : Mine development
Country Risk : Important
Resource Risk : 69.00%
In situ value
10,535,933,604 $
Title(s) of the Conga Project
Newmont Mining Corp
Joint venture: 51.4%
Title
Company Profile
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Company website
Company project page
Compania de Minas Buenaventura SAA (43.65%), International Finance Corporation (5%)
Buenaventura
Joint venture: 43.65%
Title
Company Profile
All Projects
Company website
Company project page
Owner of mining rights.
Location of the Conga Project
Minas Conga lies northeast of the Yanacocha district
History of the Conga Project
A feasibility study was completed in 2004.
Geology of the Conga Project
Conga is a gold-rich copper porphyry system that lies northeast of the Yanacocha district. A northwest belt of Eocene granodiorites intruded Cretaceous limestones, forming gold-copper porphyry and skarn mineralization.
Reserves and resources of the Conga Project
Tonnage
Grade
Reserves and resources
Copper
Gold
Copper
Gold
%
g/t
lbs
oz
Probable
287,758,999
0.26
0.65
1 649 439 997
6 013 583
Proven and Probable
287,758,999
0.26
0.65
1 649 439 997
6 013 583
Indicated
52,616,714
0.18
0.45
208 799 996
761 250
Mesured and Indicated
52,616,714
0.18
0.45
208 799 996
761 250
Inferred
71,667,594
0.17
0.38
268 599 998
875 583
Total
412 043 307
2 126 839 992
7 650 417
Definitions
Reserves and resources of the Conga Project
Metal
Total
Reserves
Resources / Mineralized Material
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Gold
7 650 417
6 013 583
6 013 583
761 250
761 250
875 583
oz
10 361 647 829 US$
Copper
2 126 839 992
1 649 439 997
1 649 439 997
208 799 996
208 799 996
268 599 998
lbs
6 994 113 312 US$
Production Objectives
Metal
2015
2016
2017
2018
2019
COPPER (lbs)
175,000,000
175,000,000
175,000,000
175,000,000
175,000,000
GOLD (oz)
150,000
150,000
150,000
150,000
150,000
Discoveries and Drilling Results
5/19/2010
Peru Conga gold mine to open by 2015 - Newmont
Data last updated on : 12/31/2005
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.
Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources
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