CSEP Plant at night

Çöpler Sulfide Plant Generating Robust Free Cash Flow over ~20 Years

Çöpler Sulfied Plant November 2018
The Çöpler Gold Mine is operated by Alacer Gold and is an open-pit mine that is producing gold from oxide ore via a heap leach operation and also from sulfide ore via a pressure oxidation circuit. In May 2016 construction commenced on the Çöpler Sulfide Expansion Project and construction of the Sulfide Plant was completed ~11% under budget. The Sulfide Plant is operating and producing gold and provides the next stage of growth for Alacer.
Çöpler Sulfide Expansion Project (1)
Plant Started
Third quarter 2018
Pre-Production Capital
~US$660 million (was US$744 million)
Estimated Mine Life
20 years
Remaining Life-of-Mine Production

~3.5 million ounces

Life-of Mine All-in Sustaining Costs
$645 per ounce

(1) On 100% basis

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