Alacer Gold Corp. is a leading intermediate gold mining company, with an 80% interest in the world-class Çöpler Gold Mine in Turkey.
During 2014, Çöpler is forecast to produce 160,000 to 180,000 attributable ounces at All-in Costs of $730 to $780 per ounce. Çöpler’s oxide ore is currently being processed in a conventional crush, agglomeration, heap-leach and gold recovery circuit.
The June 2014 Sulfide Definitive Feasibility Study demonstrated robust financial returns from processing sulfide ore and extended Copler’s mine life to 20 years. From July 2014, Çöpler is forecast to produce a further 3.2 million ounces of gold at low All-in Costs averaging $810 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.