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Young-Davidson gold mine, Canada

8th November 2013

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name and Location
Young-Davidson gold mine, Ontario, Canada.

Client
AuRico Gold.

Project Description
The Young-Davidson property is situated on the site of two old mines, both with records of successful mining and simple metallurgy.

The mining operations comprise an openpit and underground mine.

Surface facilities consist of a modern 6 000 t/d process plant using conventional gold-processing technology.

Additional surface facilities supporting the mine include an administration/engineering building, a warehouse and a maintenance shop. The tailings impoundment facility location has been selected to incorporate and remediate a historic tailings site.

The project has a 15-year mine life.

Value
$339.4-million.

Duration
Commercial production from the openpit mine was declared on September 1, 2012, and from the underground operation on October 31, 2013.

Latest Developments
AuRico has achieved commercial production at its Young-Davidson underground mine, following the successful commissioning of the shaft and hoisting of infrastructure.

The shaft-hoisting infrastructure is a critical project milestone that will unlock the potential of the underground mine and support increased underground productivities and favourable unit cost efficiencies over the life of the mine.

The mine is expected to produce between 120 000 oz and 140 000 oz of gold this year.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
AuRico Gold, tel +1 647 260 8880, fax +1 647 260 8881 or email info@auricogold.com.

Edited by Creamer Media Reporter

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