Comparison Of Valentine Lake and Adumbi PEAOP= Open Pit
UG = Underground
Adumbi proxied off V Lake and cash costs of Kibali Mine ( PEA being done for October Release )
Note that Mine Capex and aftertax NPV are very close at $1550 POG for VL and Goldboro
| | | | | | | |
| | | Valentine Lake ( OP ) | | Adumbi (OP) | | Goldboro OP + UG |
| | | T.MOZ | | T.LN | | T.ANX |
| POD ( USD ) | | $1500.00 | | $1500.00 | | $1550.00 |
| Ore Mined ( m tons) | | 3.0 | | 3.0 | | 4.0 |
| LOM ( Yrs) | | 13 | | 13 | | 17.6 |
| Grade | | 1.34 | | 2.51 | | 2.59 |
| Capex ( M. C$) ) | | $780.00 | | $780.00 | | $615.00 |
| recovery % | | 94.2 | | 97.0 | | 96.4 |
| average Gold Production | | 146,000 | | 235,000 | | 110,000 |
| Gold Recovered | | 1.93 | | 3.38 | | 1.85 |
| AISC ( $C) | | $1050.00 | | $875.00 | | $799.00 |
| USD/C$ Exchange | | 0.75 | | 0.75 | | 0.75 |
| Tax rate | | 30% | | 30% | | 30% |
| Pretax Cash flow( C$ ) | | $1.37 b | | $3.05 b | | $1.272 b |
| Aftertax Cash flow ( C$) | | $0.97 b | | $2.15 b | | $1.10 b |
| PreTax NPV5( C$) | | $867 m | | $1.91 b | | $645 m |
| Aftertax NPV5 ( C$) | | $600 m | | $1.49 b | | $438 m |
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