VELADERO JV
The Veladero mine is located in San Juan Province, Argentina, in the highly prospective Frontera District. The property is located at elevations of 4,000 to 4,850 meters above sea level, approximately 374 kilometers northwest of the city of San Juan. Veladero is a 50/50 joint venture operation with Shandong Gold.
ocation
Downloads
2021 Outlook
Forecast
Production
130,000 - 150,000
Ounces
Forecast
Cost of Sales
$1,510 - $1,560
/Ounce
Forecast
Total Cash Costs
$820 - $870
/Ounce
Forecast
All-In Sustaining Costs
$1,720 - $1,770
/Ounce
2020 Performance
Gold Produced in 2020
226,000
Ounces
Cost of Sales
$1,151
/Ounce
Total Cash Costs
$748
/Ounce
All-In Sustaining Costs
$1,308
/Ounce
Reserves & Resources
Proven and Probable
Gold Reserves
2.6
Million Ounces
Measured and Indicated
Gold Resources
(Inclusive of Reserves)
3.1
Million Ounces
Inferred
Gold Resources
580,000
Ounces