northparkes copper production cash cost

Northparkes project – Kincora Copper

Northparkes undergoing mine expansion with life to 2047 from 5 orebodies + PEA/resource upside1. Commenced production in 1994: Reserve 68Mt. 25 years on: Reserves 133Mt and 483Mt Resources. Continued resource expansion and new discoveries. First quartile cash costs supported by efficient block caving mining method (from E48 E26 orebodies)

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See Small. Think Big. - minedocs

1) Cash costs based on Wood Mackenzie 2) Market cap in US$ billion as at July 10, 2020. NORTHPARKES STREAM. High-quality operating mine. 1st half cash cost curve - competitive costs driven by an efficient mining method (1) Mine has been . operating since 1993. Safe, efficient. automated underground copper mining. Strong site management

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Home Northparkes

Northparkes is a copper and gold mine located 27 kilometres north-west of Parkes, in the Central West of New South Wales, Australia. Since 1993 we have been celebrated for our high-quality copper deposits, low cost operations and loyal, committed people. Our operation is made up of an underground block cave mine, a sub-level cave and an ore ...

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CMOC and Triple Flag announce US$550 million Gold and ...

Jul 12, 2020  Northparkes has a long history of reserve replacement and mine life extension, with approximately 0.9 million tonnes of copper and 1.0 million ounces of gold produced since 2001, and a production of 36 thousand tonnes of copper, 25 thousand ounces of gold and 308 thousand ounces of silver in 2019.

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Our story Northparkes

In 2006, we began construction of a new block cave mine on the E48 copper and gold deposit with production officially commencing in September 2010. In 2016 we began production from the E26 Sub-Level Cave. Northparkes is proud to be a farmer as well as a miner owning approximately 10,314 ha of land in Central West NSW.

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Triple Flag Announces US$550 million Gold and Silver ...

Jul 12, 2020  Northparkes had C1 + Sustaining Capex cash costs of US$1.15/lb copper 1 in 2019, placing it in the first quartile on the global copper mine cost curve. Multi-decade mine life, providing robust cash flows for many years to come.

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Triple Flag Announces US$550 million Gold and Silver ...

Jul 12, 2020  Northparkes had C1 + Sustaining Capex cash costs of US$1.15 /lb copper 1 in 2019, placing it in the first quartile on the global copper mine cost curve. Multi-decade mine life, providing robust ...

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Major Mines Projects Northparkes Mine

Currently Northparkes is developing a new block cave (E26 Lift 1 North). Construction started in January 2019 and during 2019 approximately 3,689 metres of new tunnels were developed. This new block cave is scheduled to start full production in 2023. Mining Operations Plan 2020 to

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Triple Flag signs $550m streaming deal for Northparkes ...

Jul 13, 2020  Northparkes is an underground mine that has been producing since 1993. (Credit: Pixabay/Steve Bidmead) Triple Flag Precious Metals has signed a $550m streaming agreement with China Molybdenum for gold and silver deliveries from the Northparkes copper-gold mine located in New South Wales, Australia.

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China Molybdenum sells rights of Northparkes gold and ...

Jul 13, 2020  China Molybdenum Co (CMOC) has sold the rights of gold and silver production from its Northparkes copper mine in Australia to a company backed by US hedge fund Elliott Management. Under the deal, CMOC, which is listed in Shanghai and Hong Kong, will receive $550m (£433m, €482) in cash upfront from Triple Flag Precious Metals Corp.

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Northparkes driverless trucks head deep underground ...

Annual production at Northparkes is running at 50,000 tonnes of copper and 46,000 ounces of gold, with the gold revenue helping to deliver one of the lowest cash costs in the business (US68c a pound in the last quarter). Approvals are in place for the mine to continue to 2032 but it has reserves good until 2034, and resources that exceed that ...

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China Molybdenum sells rights of Northparkes gold and ...

Jul 13, 2020  China Molybdenum Co (CMOC) has sold the rights of gold and silver production from its Northparkes copper mine in Australia to a company backed by US hedge fund Elliott Management. Under the deal, CMOC, which is listed in Shanghai and Hong Kong, will receive $550m (£433m, €482) in cash upfront from Triple Flag Precious Metals Corp.

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Sandfire makes opportunistic bid for Northparkes ...

Jul 22, 2013  Junior copper-gold miner Sandfire Resources has made a soft offer on Rio Tinto’s Northparkes copper ... of its production guidance of 65,000t of copper and 44,000oz of gold. ... cash costs for ...

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Triple Flag Announces US$550 million Gold and Silver ...

Jul 12, 2020  Northparkes had C1 + Sustaining Capex cash costs of US$1.15 /lb copper 1 in 2019, placing it in the first quartile on the global copper mine cost curve. Multi-decade mine life, providing robust ...

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Reports and policies Northparkes

Dec 01, 2020  Northparkes was contacted by RMS regarding the behaviour of a Northparkes employee while they were driving to work. January 2017. No complaints recorded. Community complaints register 2016. This register is updated on a monthly basis, and represents community complaints received by us during the current year. To view records from previous years ...

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Northparkes Streaming Agreement locks in byproduct gold ...

Jul 13, 2020  CMOC, the 80% owner and operator of the Northparkes copper-gold mine in Australia, which is currently undergoing a mine throughput expansion to 7.6 Mt/y, announced on 10 July 2020 that its wholly-owned subsidiaries had entered into a metal purchase and sale agreement with Triple Flag Mining Finance Bermuda Ltd, a whole-owned subsidiary of Triple

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CHILEAN COPPER MINING COSTS - Cochilco

NET CASH COST C3 VS COPPER PRICE (¢US$/LB) Source: Cochilco and Woodmackenzie Q32017 • 2012: Mining companies began to make efforts to contain the rise in costs. • 2016: Margins of the companies presented levels observed before 2002. 68,4 65,8 65,5 66,2 64,8 72,5 100,9 102,2 143,7 140,7 159,9

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Copper supply-demand outlook creates perfect storm for ...

Apr 13, 2021  Trundle shares the same mineralised system as the Northparkes mine, which is Australia’s second-largest porphyry mine and hosts 4.5 million tonnes of copper and 5.5 million oz of gold. And you can see below just how close the company’s projects are to big operations, including Cowal and Northparkes, in the region.

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Cash cost - Mining - Moneyterms: investment, finance and ...

Cash costs, in mining, are the costs of production, at site level, per unit of output. Cash costs include operational cash costs at site level. This: includes transport, refining and administration costs and royalties excludes non-cash costs such as depreciation and amortisation; excludes costs not at site level (such as head office costs).

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Eric Evanson - Sr. Director Business Optimization (A) - Ma ...

Northparkes Copper Gold Mine ... • Championed the development and implementation of a production constraints focus for improvement project selection and integration into production forecasting process. ... • Improved the mine site cash cost forecasting accuracy by 60%.

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Northparkes gold mine Report Wood Mackenzie

Feb 09, 2021  Northparkes is a copper-gold underground mining operations and the first to use the block cave mining method in Australia. The mine produces a copper-gold concentrate which is railed to Port Kembla for export. In 2013, Rio Tinto's 80% share in the operation was acquired by China Molybdenum Co. Ltd. Wood Mackenzie’s asset reports are built ...

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Triple Flag signs $550m streaming deal for Northparkes ...

Jul 13, 2020  Northparkes is an underground mine that has been producing since 1993. (Credit: Pixabay/Steve Bidmead) Triple Flag Precious Metals has signed a $550m streaming agreement with China Molybdenum for gold and silver deliveries from the Northparkes copper-gold mine located in New South Wales, Australia.

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Q2 2020 RESULTS

Aug 17, 2020  • Cash costs of $139 per GEO sold, compared to $137 per GEO sold in the same period in the prior year. ... with certain subsidiaries of to receiCMOCve gold and silver deliveries from the Northparkes copper-gold mine located in New South Wales, Australia. Northparkes is a low -cost, underground mine with a multi -decade mine life ...

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Rio Tinto confirms $6.75B development capital for Oyu ...

Dec 17, 2020  At peak production, Oyu Tolgoi is expected to operate in the first quartile of the copper cash cost curve and by 2030 is expected to be the fourth largest copper mine in the world. At full production, the underground mine will produce 95 thousand tonnes of ore each day. This will triple Oyu Tolgoi’s annual production of copper concentrate.

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Northparkes copper mine Report Wood Mackenzie

Aug 05, 2021  The mine produces a copper-gold concentrate which is railed to Port Kembla for export. In 2013, Rio Tinto's 80% share in the operation was acquired by China Molybdenum Co. Ltd. Wood Mackenzie’s asset reports are built from the bottom up, incorporating a number of granular data metrics to ultimately produce our industry standard cash operating ...

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Public Quarterly Results and Provides 10-Year Outlook

Aug 10, 2021  • Cash Costs per GEO 3 of $168, compared to cash costs per GEO of $139 in Q2 2020. ... $25/oz silver, and $3.00/lb copper. Above and beyond the production outlook, we believe there is considerable optionality related to potential life of mine extensions, expansions ... Sales from Northparkes in Q2 2021 were 4,713 GEOs.

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Sandfire makes opportunistic bid for Northparkes ...

Jul 22, 2013  Junior copper-gold miner Sandfire Resources has made a soft offer on Rio Tinto’s Northparkes copper ... of its production guidance of 65,000t of copper and 44,000oz of gold. ... cash costs

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$550m deal signed at Northparkes - Tradelink Publications

Jul 13, 2020  Under the terms of the agreement, Triple Flag Bermuda would make an upfront cash payment of $550-million and ongoing payments equalling 10% of the spot gold price and spot silver price at the time of delivery, for 54% of the gold produced at Northparkes until a cap of 630 000 oz is delivered, and 27% thereafter.

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Triple Flag Announces US$550 million Gold and Silver ...

Jul 12, 2020  Northparkes had C1 + Sustaining Capex cash costs of US$1.15/lb copper 1 in 2019, placing it in the first quartile on the global copper mine cost

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China Moly signs $ 550 million precious metals deal with ...

Jul 12, 2020  Located 380 km west of Sydney, Northparkes is an underground copper mine that also produces gold and silver as a by-product. Last year, it produced 36,000 tonnes of copper, 25,000 ounces of gold and 308,000 ounces of silver. Toronto-based Triple Flag is chaired by Shaun Usmar, the former CFO of Barrick Gold.

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Big Resource On The Cards For Hot Chili (OTCMKTS:HHLKF ...

Apr 15, 2020  The below diagram is a block caving mine plan of the Northparkes copper/gold project in Australia. ... construction costs, and copper production of around 100,000 tonnes per year at C1 cash costs ...

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Water - a major disrupter to copper supply CRU

Oct 19, 2020  It is not only the capital cost that must be considered. Operating costs for desalination plants are significant. CRU estimates that the utilisation of a desalination plant adds approximately US$0.03–0.06 /lb to payable copper cash costs. This represents an increase of approximately 3% over CRU’s estimation of Chilean 2020 average cash costs.

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Triple Flag signs agreement with CMOC for precious metal ...

Jul 13, 2020  Triple Flag signs agreement with CMOC for precious metal deliveries. Canada-based streaming company Triple Flag Precious Metals has signed a $550m streaming financing deal with China Molybdenum (CMOC) for future gold and silver production at the latter’s Northparkes mine. The mine is a joint venture (JV) between CMOC and the Sumitomo Groups.

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Triple Flag Reports Record Q2 2020 Results - Bloomberg

Aug 17, 2020  The acquisition of the Northparkes stream further adds to Triple Flag's high-quality portfolio, meaningfully increasing our exposure to low cash-cost operations in

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Kincora closes agreement with RareX – Kincora Copper

Mar 19, 2020  This includes the flagship Trundle project, the only brownfield porphyry project held by a listed junior in the Lachlan Fold Belt, located less than 30km from the China Molybdenum Company (CMOC) operated Northparkes copper-gold mine, which has total endowment (past production and current resources) of over 20Moz gold-equivalent 1.

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Rio to sell U.S. mine project, flags more deals - MarketWatch

Jun 12, 2013  --Rio Tinto agrees to sell nickel-copper project for US$325 million cash --Buyer Lundin expects to spend US$400 million bringing Eagle into production --Rio

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China Molybdenum Co. (3993.HK)

Aug 01, 2013  Northparkes copper mine is already in production. As of 2012, it had 8.2mt proven copper [email protected]% copper grade and 66mt probable ore [email protected]% copper grade. Northparkes produced 53.8kt copper and 72koz gold in 2012, and generated USD247mn EBITDA and USD141mn net profit for Rio Tinto. Assuming the deal gets completed by end-2013, we

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Triple Flag Reports Record Q2 2020 Results Benzinga

Aug 17, 2020  TORONTO, Aug. 17, 2020 /CNW/ - Triple Flag Precious Metals Corp. ("Triple Flag") today announced its results for the second quarter of 2020. "The second quarter of...

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