Selinsing Gold Mine is currently in transition to the new life of mine production plan which requires converting the current processing plant to a sulphide treat plant. During this transition period, the production through the existing oxide processing plant is focussed on feeding the mill with the leachable sulphide ore from Selinsing Pit 4, Pit 5/6, blended with oxide ore from old tailings, Buffalo Reef pits, and the oxide material found at Peranggih through the ongoing grade control drilling.
Production Data
| Selinsing Gold Mine Production | Year ended June 30 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
| Ore mined (thousand tonnes) | 662.3 | 740.9 | 501.9 | 882.2 | 494.1 | 421.8 | 423.0 | 193.6 | 298.8 | 166.9 | 263.1 | 427.5 | 355.5 |
| Ore processed (thousand tonnes) | 272.1 | 352.0 | 364.7 | 938.5 | 1,019.0 | 954.2 | 992.1 | 847.4 | 891.9 | 934.8 | 675.7 | 579.6 | 544 |
| Average ore head grade (g/t Au) | 3.08 | 4.31 | 4.24 | 2.07 | 1.31 | 1.45 | 0.88 | 0.8 | 1.03 | 0.8 | 1.11 | 0.84 | 0.69 |
| Process recovery rate | 58.70% | 92.90% | 93.70% | 87.00% | 75.87% | 82.40% | 67.4% | 58.80% | 72.00% | 69.50% | 70.90% | 61% | 63% |
| Gold production(1) (ounces) | 13,793 | 44,438 | 44,585 | 52,982 | 35,983 | 36,473 | 18,155 | 12,845 | 22,854 | 15,763 | 17,360 | 10,282 | 7,091 |
| Gold sold (ounces) | 13,793 | 40,438 | 36,938 | 57,905 | 37,670 | 36,500 | 23,150 | 12,700 | 14,750 | 16,505 | 19,401 | 12,850 | 8,016 |
| Financial results | |||||||||||||
| Gold sales (US$’000) | 16,316 | 56,627 | 61,709 | 91,277 | 48,583 | 44,838 | 23,595 | 15,719 | 19,250 | 20,993 | 29,971 | 23,236 | 14,440 |
| Per ounce data | |||||||||||||
| Cash cost per ounce (US$/ounce) | 216 | 242 | 306 | 400 | 613 | 587 | 606 | 936 | 753 | 713 | 878 | 1,178 | 1,723 |
| Average spot gold price, US$/ounce | 1,089 | 1,372 | 1,673 | 1,573 | 1,296 | 1,224 | 1,168 | 1,238 | 1,305 | 1,262 | 1,563 | 1,866 | 1,868 |
| Average realized gold price(2), US$/ounce | 1,183 | 1,400 | 1,671 | 1,576 | 1,290 | 1,228 | 1,157 | 1,238 | 1,305 | 1,260 | 1,563 | 1,864 | 1,870 |
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