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The Red Lake Gold Mine is composed of two operating complexes: the Red Lake Complex and the Campbell Complex. Red Lake Gold mine is Canada’s largest gold mine, and in 2008 produced 629,000 ounces. It is also one of the world’s richest gold mines and lowest cost producers.
OPERATING STATISTICS
|
Red Lake Gold Mine |
2006
(actual) |
2007
(actual) |
2008
(actual) |
|
Ore milled Tonnes (000’s) |
768,900 |
721,000 |
765,500 |
|
Milled grade Au g/t |
28 |
31 |
26 |
|
Total Recovery Au % |
97% |
97% |
96% |
|
Oz. Produced Au Oz |
665,600 |
700,600 |
629,200 |
|
Total Cash Cost US$/oz |
$195 |
$260 |
$302 |
|
Red Lake (100%) |
2005
(actual) |
|
|
Red Lake |
Campbell |
Combined |
|
Ore Milled |
|
|
675 |
|
Grade |
82 |
15 |
38 |
|
Recovery |
97 |
96 |
96 |
|
Production Oz |
616,000 |
209,200 |
825,200 |
|
Cash Costs |
94 |
312 |
149 |
|
Capex |
57.9 |
12.3 |
70.2 |
|
Red Lake (100%) |
2004
(actual) |
|
|
Red Lake |
Campbell |
Combined |
|
Ore Milled |
|
|
670 |
|
Grade |
77 |
15 |
36 |
|
Recovery |
97 |
96 |
96 |
|
Production Oz |
551,900 |
209,000 |
760,900 |
|
Cash Costs |
92 |
276 |
143 |
|
Capex |
49.6 |
11 |
60.6 |
|