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
- EIS approved by Ministry of Environment, Energy and Climate Change
- 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 0.7 : 1
- Inital capex: ~US$300m
- Production: ±150 Koz pa Au; ±30 Kt pa Cu
- Co-product cash cost/AuEq oz: US$250-300/oz Au Open Pit;
US$400-450/oz Au Underground - Simple metallurgy; Priority project
Technical Report on the Skouries Project (2 Mb PDF)
Reserves & Resources
| Reserves | '000t | Au g/t | Au Moz | Cu % | Cu '000t |
| Proven | 34,444 | 1.25 | 1.38 | 0.68 | 233 |
| Probable | 103,918 | 0.66 | 2.21 | 0.48 | 503 |
| Total | 138,362 | 0.81 | 3.59 | 0.53 | 736 |
| Resources |
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| Measured | 39,480 | 1.24 | 1.57 | 0.67 | 266 |
| Indicated | 206,870 | 0.57 | 3.77 | 0.45 | 939 |
| Total | 246,350 | 0.67 | 5.34 | 0.49 | 1,205 |
| Inferred | 115,777 | 0.22 | 0.83 | 0.25 | 288 |
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
Proposed Layout
