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: 2018
Average reserve grades: copper – 3.2%, zinc – 4.3%
Infrastructure: close to roads, 18km from the Black Sea port
Employees: 451
Contractors: 159

As at December 31, 2010

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 2017.

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.

Targets and results



three months ended
September 30

nine months ended
 September 30


revised
objective
2011 2010 change 2011 2010 change 2011
Tonnes of ore milled (000's)   312  275 +13% 880  859  +2% 1,200
Tonnes of ore milled per day   3,400 3,000 +13% 3,200 3,100 +2% 3,230
Grades (percent) copper 3.1  3.4 -9% 3.1 3.2 - 3% 3.2
  zinc 6.5  6.2  +5% 6.2 6.3 -2% 5.9
Mill recoveries (percent) copper 74 78 -5% 74 77 -4% 75
  zinc 68 68  - 68  71 -4% 68
Production (tonnes) copper 7,100 7,300 -3% 20,100  21,500  -7% 28,400
zinc 13,900 11,7000 +19% 36,900  38,200  -3% 48,000
 Cost per tonne of ore milled (C$) $81 $81 $81 $76 +7% $81



quick links

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

Download the Çayeli section from our 2009 annual report. 

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Access any of our news releases in this section

 
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