“This achievement represents the culmination of over 15 million hours of work over four years of construction – an incredible effort for the team on the ground as the project cost to first gold remains in line with the updated budget estimate while maintaining a near impeccable safety record.”
Commissioning activities at Côté are progressing well with the crushing, high-pressure grinding rolls (HPGR), and processing circuits performing as expected, including power consumption. Commercial production will be declared in the third quarter with the goal of ending this year at a 90% throughput rate. On a 100% basis, guidance this year is to produce between 220,000 and 290,000 oz. of gold, assuming the remaining commissioning activities go according to plan.
This mine will be one of Canada’s largest gold producers with an 18-year mine life. During the first six years of operation, Côté gold output will be 495,000 oz., and…
