Skouries Project
Au, Cu The project is located 35 km by road from the Stratoni port in northern Greece. Skouries is located on a high plateau with no habitation in the immediate vicinity. |  |
Project Highlights
- Technical components of Definitive Feasibility Study complete
- SAG and Ball mills delivered to site
- Low visual impact site: Au-Cu porphyry pipe
- Open pit strip ratio 0.6 : 1
- Inital capex: ~US$300m
- Production: ±200 Koz pa Au; ±40 Kt pa Cu
- Co-product cash cost: US$250-300/oz Au
- Simple metallurgy; Priority project
Technical Report on the Skouries Project (PDF)
Production - Au Eq. (Koz)
Production - Au Eq. (Koz)
Note: Assumes gold-equivalent prices of US$650/oz gold, US$1.50/lb copper 
Reserves & Resources
| Reserves | '000t | Au g/t | Au Moz | Cu % | Cu '000t |
| Proven | 77,535 | 0.87 | 2.18 | 0.54 | 415 |
| Probable | 68,667 | 0.78 | 1.73 | 0.55 | 374 |
| Total | 146,202 | 0.83 | 3.91 | 0.54 | 789 |
| Resources |
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| Measured | 180,400 | 0.83 | 4.81 | 0.55 | 992 |
| Indicated | 10,800 | 0.61 | 0.21 | 0.47 | 51 |
| Total | 191,200 | 0.82 | 5.03 | 0.55 | 1,043 |
Project Advanced to Basic Engineering Phase
- Aker Kvaerner Engineering Services: Process plant and associated infrastructure
- Scott Wilson Group plc: Underground mechanical and electrical utilities
- Golder Associates: Tailings management facility design
- Greek Institute of Geology & Mineral Exploration (IGME): A study of hydrogeology and creek boundaries, to be used in the development of a new hydrogeological model
- SRK Consulting: A mineral reserves estimate
- Basic engineering package complete
- Outotec package received
- ENOIA basic design package received
SAG and Ball Mills
3D Orebody
Flotation Plant
Metallurigical Process
