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Cerro Negro poured first gold on July 25, 2014 with commercial production achieved on January 1, 2015. Cerro Negro is a high-grade gold mine located in the Santa Cruz province of Argentina. The operational focus remains on improving productivity which is expected to maximize net asset value over the long-term.
Cerro Negro contains several high-grade vein structures, including Mariana Central, Mariana Norte, San Marcos and Eureka. The pre-feasibility study on the optimal mine design, development execution plan, and production schedule has been completed. The plan has development at Mariana Norte continuing to ramp up through 2017, with first ore production expected in 2018. Development of the Emilia vein is expected to begin in the second half of 2017 and is expected to replace production from Eureka in 2019. The production ramp-up to 4,000 tonnes per day is expected to be achieved during the second half of 2018.
For Operational and Financial information please access our Interactive Analyst Centre
For Reserves and Resources information, please access the Annual information in our Interactive Analyst Centre
* Due to rounding, numbers may not add up.