Alacer Gold Corp. is a leading intermediate gold mining company, with an 80% interest in the world-class Çöpler Gold Mine in Turkey.
During 2015, Çöpler is forecast to produce 190,000 to 210,000 attributable ounces at All-in Sustaining Costs of $700 to $750 per ounce. Çöpler’s oxide ore is currently being processed in a conventional crush, agglomeration, heap-leach and gold recovery circuit.
The 43-101 Technical report “Çöpler Sulfide Expansion Project Feasibility Update”, issued on March 30, 2015 demonstrated robust financial returns from processing sulfide ore and extended Çöpler’s mine life to 25 years. From January 2015, Çöpler’s Life-of-Mine production is forecast to produce 3.9 million ounces of gold at low All-in Sustaining Costs averaging $637 per ounce over the life of the mine.
Alacer has numerous high-potential exploration projects in Turkey in various joint ventures with our Turkish partner Lidya Mining.
Alacer’s primary focus is to maximize portfolio value, maximize free cash flow, minimize project risk, and create value for shareholders.
Alacer is a Yukon Territory limited liability company and its Australian Registered Body Number (“ARBN”) is 147848762.