The Çöpler Gold Mine
Alacer continues to pursue opportunities to further expand its current operating base to become a sustainable multimine producer with a focus on Turkey . The Çöpler Gold Mine is located in east-central Turkey in the Erzincan Province , approximately 1,100km east of Istanbul and 550km east of Ankara , Turkey ’ s capital city . The mine processes ore through two producing plants . With the recent completion of the new sulfide plant , the Çöpler Mine will produce over 3.5 million ounces at first quartile All-in Sustaining Costs , generating robust free cash flow for approximately the next 20 years . Commercial production at the sulfide plant was declared in May 2019 and the bank completion test passed in August 2019 . The ramp up continues and the plant design is proving to be robust with good upside potential .
31 www . miningglobal . com