our operations
Çayeli
 

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Location: Turkey
Ownership: 100%
Type of mine: underground
Type of ore body: Cretaceous age volcanogenic massive sulphide deposit
Primary metal: copper
Secondary metal: zinc
End product: copper and zinc concentrate
Mining method: sub-level stoping with backfill
Opened: 1994
Expected mine life: 2016
Average reserve grades: copper – 3.6%, zinc – 5.5%
Infrastructure: close to roads, 18km from the Black Sea port
Employees: 473
Contractors: 68

As at December 31, 2008

Çayeli is an underground copper and zinc mine located on the Black Sea coast of northeastern Turkey. The mine was opened in 1994 and is expected to operate until at least 2016.

It produces three types of concentrates: copper concentrate, copper and zinc bulk concentrate and zinc concentrate. These concentrates are sold to a number of international and domestic smelters and traders.

In 2008, 66 percent of Çayeli’s revenue was from copper and 34 percent was from zinc.

Targets and results


 

 

three months ended
December 31

year ended
December 31


objective
    2009 2008 change 2009 2008 change 2010
Tonnes of ore milled (000's)   300 292 + 3% 1,151 1,109 + 4% 1,200
Tonnes of ore milled per day   3,300 3,200 + 3% 3,150 3,040 + 4% 3,300
Grades (percent) copper 3.5 3.7 - 5% 3.3 3.7 - 11% 3.3
  zinc 6.5 6.2 + 5% 6.3 6.1 + 3% 6.1
Mill recoveries (percent) copper 79 77 + 3% 77 80 - 4% 78
  zinc 71 70 + 1% 71 71 - 70
Production (tonnes) copper 8,200 8,400 - 2% 29,200 32,700 - 11% 30,500
zinc 13,800 12,800 + 8% 50,900 47,600 + 7% 51,700
 Cost per tonne of ore milled (C$) $78 $72 + 8% $72 $81 - 11% $72



quick links

Download the Çayeli section from our fourth quarter press release for the most recent update.

Download the Çayeli section from our 2008 annual review. 

 Çayeli 2008 sustainability report
 (PDF English -  193 kB) (PDF Turkish - 289 kB)



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