| Company | SSR Mining |
| Date | 2020 |
| Region | Erzincan, Turkey |
| Commodities | Gold, Silver, Copper |
| Mine Type | Open Pit |
| Throughput | 400 tph (Sulfide), 6.0 Mtpa (Oxide) |
| Mine Life | 21 years |
| Status | Operating |
Executive Summary
The Çöpler District Master Plan 2020 (CDMP20) presents a feasibility-level study for the Çöpler project in Erzincan Province, Turkey, owned and operated by SSR Mining through its subsidiary Anagold. The project encompasses the Çöpler, Çakmaktepe, Ardich, and Bayramdere deposits, utilizing both open-pit mining methods and two distinct processing circuits: an oxide heap leach facility and a sulfide pressure oxidation plant. The Reserve Case demonstrates a mine life of 21 years with a total gold production of 3.6 Moz, achieving an after-tax NPV at a 5% discount rate of $1.73 billion and an average all-in sustaining cost (AISC) of $945/oz gold.
Operational performance has exceeded design expectations, with the sulfide plant achieving greater-than-design throughputs since commissioning in Q4 2018. A new flotation circuit is under construction to upgrade sulfide sulfur to the pressure oxidation autoclaves, increasing the overall plant throughput capacity to 400 tph. The oxide heap leach circuit, commissioned in 2010, treats approximately 6.0 Mtpa of ore using three-stage crushing and carbon-in-column recovery, supported by a SART plant for copper management. The PEA Case includes the Ardich deposit, extending mine life to 22 years and increasing total gold production to 4.6 Moz.
The project benefits from robust infrastructure, including power lines, rail access, and water supply, situated in a region with a continental climate. Environmental permitting has been secured through a series of EIAs, with Anagold maintaining compliance throughout operations. The economic analysis incorporates metal price assumptions of $1,585/oz gold and $3.05/lb copper, with a royalty rate of approximately 4.2% applicable to the processed ore. The CDMP20 confirms the economic viability of the Mineral Reserves and outlines a clear path for growth through the Ardich deposit and plant optimization.
Reports
Entities
Concepts
Website: https://www.newswire.ca/news-releases/ssr-mining-announces-positive-results-of-the-copler-district-master-plan-studies-813130861.html
Report Date: 2020
Region: Erzincan, Turkey
Project Status: Operating
Commodity: Gold, Silver, Copper
Throughput: 400 tph (Sulfide), 6.0 Mtpa (Oxide)
Mine Life: 21 years
Mine Type: Open Pit
Ore type:
