Sao Bento Project |
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Sao Bento |
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Country |
Brazil
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Province |
Minas gerais |
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Close to |
Belo horizonte |
Status |
PRODUCTION
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Surface |
8 km² / 1,977 acres |
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Latitude / Longitude |
19 S 53 / 43 W 24 |
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Legends
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Risk and valuation analysis of the Sao Bento Project |
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Title(s) of the Sao Bento Project |
| AngloGold Ashanti Ltd Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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On Dec 16, 2008, Eldorado Gold announced it had completed the $70 million sale of its São Bento gold mine in Brazil for 2,701,660 ordinary shares of AngloGold Ashanti. |
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Location of the Sao Bento Project |
São Bento is an underground mine located in an area known as the "Iron Quadrangle" in the state of Minas Gerais, Brazil.
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History of the Sao Bento Project |
producing mine since 1986, São Bento was acquired by Eldorado in 1996. The mine site covers an area of 800 hectares and consists of one mining concession, with an additional 1,205 hectares in contiguous concessions to the northeast.
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Geology of the Sao Bento Project |
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The stratigraphy is comprised of volcanic rocks and pelitic sediments, all of which have been subjected to green schist metamorphism. The lithologies are typical of other greenstone belts in Africa, Australia and Canada and are dated between 1,300 and 2,700 million years in age.
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Data last updated on : 9/6/2006
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Disclaimer
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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.
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