martabe overview world class gold district - G-Resources
martabe overview world class gold district - G-Resources
martabe overview world class gold district - G-Resources
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Martabe’s estimated cash cost to <strong>gold</strong> averages<br />
around US $350 / oz over the mine plan for the<br />
Purnama pit<br />
Low costs attributable to:<br />
Good scale<br />
Low strip ratio<br />
High grade<br />
Simple process flow-sheet<br />
Excellent logistics and existing<br />
infrastructure including grid power<br />
Existing Indonesian mining capability<br />
Operating Costs Breakdown – Mine Plan Average<br />
43%<br />
LOW CASH OPERATING COSTS<br />
22%<br />
21%<br />
14%<br />
Energy<br />
Labour<br />
Consumables<br />
Other<br />
Costs based upon April 2011 estimate and then updated for general US$ industry cost increases<br />
Costs are presently being updated for the 2013 budget<br />
Operating Cost Estimate<br />
Purnama Pit<br />
Cash Costs US$M<br />
Mining 50<br />
Processing 65<br />
Maintenance 12<br />
Administration, refining and other 25<br />
Royalties 5<br />
Contingency 10<br />
Total Cash Costs 167<br />
Silver Credit (at US$32/oz) -80<br />
Gold Cash Cost 87<br />
Cash Cost / oz Gold US $350 /<br />
oz<br />
11
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