• Data Access
  • Your Email  
  • Your Email  
Keep me signed in.
Forgot your password?
Close
  • Forgot Your Password?
  • Enter the email you signed up with and we'll email it to you.
  • Your Email  
Close
Back
MDO
Mining Data Solutions
  • Home
  • Database
  • Subscribe
  • Sign In
  • Sign In
Armenia
Kapan Mine

This page is not tailored to
devices with screen width under 750 px.
 Location:
0 km from Kapan, Armenia

  Address:
4 Gortsaranayin Street, Syunik Region
Kapan
Armenia
3302
Phone  ...  Subscription required
EmailEmail
WebsiteWeb
Additional Resources for Suppliers & Investors
Drill results over 30 g/t Au
Stay on top of recent discoveries.
Search drill results by commodity and grade.
Largest mines in the Americas
Mining and mill throughput capaciites.
Full profiles of select mines and projects.
Deepest underground mines
Shaft depth and mill throughput data.
Full profiles of select mines and projects.
Heavy mobile equipment
HME type, model, size and quantity.
Full profiles of select mines and projects.
Permitting and construction projects
Projects at the permitting or construction stage. Full profiles of select projects.
Mines with remote camps
Camp size, mine location and contacts.
Full profiles of select mines and projects.
Mines & projects in Armenia
A list of country's mines and projects.
Full profiles of select mines and projects.
  • Overview
  • Owners
  • Geology
  • Mining
  • Processing
  • Production
  • Reserves
  • Costs & Financials
  • Fleet
  • Personnel
  • Filings & News

Thank you for browsing through mine profiles compiled by the Mining Data Online team.

Would you like to subcribe or schedule a Demo?
  • Name:
     
  • Company:
     
  • Position:
     
  • Phone:
  • Email:
  • Message:

Overview

StageProduction
Mine TypeUnderground
Commodities
  • Gold
  • Silver
  • Copper
  • Zinc
Mining Method
  • Longhole open stoping
  • Backfill
Production Start...
Mine Life2027
Kapan is an underground sulphide polymetallic mine. It consists of a series of narrow steeply dipping polymetallic veins containing gold, copper, zinc, and silver. The Mill produces two flotation concentrates - one high in gold, copper, and silver, the second a zinc concentrate containing payable gold and silver credits.
Latest NewsChaarat Gold: Conditional Agreement to Sell the Kapan Mine in Armenia     August 16, 2023


Owners

Source: p. 1
CompanyInterestOwnership
Chaarat Gold Holdings Ltd. 100 % Indirect
Chaarat acquired the mine in January 2019.

Gold Mining Company is acquiring Kapan mine, Chaarat Gold's only operating mine in Armenia.

Contractors

Subscription required - Subscription is required.


Deposit Type

  • Vein / narrow vein
  • Hydrothermal


Summary:

In the Kapan mining district, mineralisation dominantly occurs as two styles – as chalcopyritepyrite veins and stockworks and poly-metallic vein systems hosted by a volcano- sedimentary rock sequence.

The Shahumyan deposit exhibits numerous syn-volcanic dykes and sills of andesitic to gabbroic composition. Such intrusions are pre-mineralisation. Pre-mineralisation dykes often have mineralised contacts and are always subject to propylitic alteration or higher grade (typically within contacts of veins or major structures).

At Shahumyan mineralisation is hosted by a suite of sub-parallel veins, the current interpretation of the deposit includes in excess of a hundred veins. In many cases the continuity of these veins is yet to be established and future drilling will be important to validate the current model. Regardless, development along and across the vein system has confirmed the prevalence of approximate east-west strikes and steep dips of the veins.

Hydrothermal-altered breccia units are also notable within the deposit makeup. Such breccias are generally found on the eastern flank of the deposit and contain polymictic clasts (andesite, basalt, dacite) within a sulphide rich matrix. Mineralised clasts can be found which are thought to have occurred due to precipitation of sulphides within vesicular lithologies.

Mineralisation within the Shahumyan deposit is characterized by narrow veins (0.2 – 2.0 m), steeply dipping and strik ........


Mining Methods

  • Longhole open stoping
  • Backfill


Summary:

Kapan mine has been in production since 1994 and currently uses the long-hole open-stoping (LHOS) mining method with remote-loading and rib pillars. Access to mining areas is top-down via spiral declines from which access drives are developed at 15 m vertical intervals. At vein intersections, ore drives are developed along the entire strike of a vein. Long-hole drilling techniques are used to drill up holes between levels and stopes are mucked remotely and loaded into trucks for haulage to surface. The mine is fully mechanized, and access is predominantly through a portal at the South of the deposit from which multiple declines in the North, Central, and South mining areas give access to mining fronts.

Stope design
Individual stopes have a maximum length of 30 m and maximum height of 12 m, with a maximum of three stopes forming a panel between a crown pillar with surface and sill pillars between levels.

Development design
Development at Kapan Mine is achieved through conventional mechanized drill-and-blast, loadand-haul.

The development design is based on developing declines from which cross-cutting access drives are developed at 15 m vertical intervals to intersect the veins. Ore drives are then developed along the strike of the veins to form upper and lower sublevels for the stope designs.

The drive profiles of the key development components are:
• Declines: 4.5 m wide by 4.5 m high.
• Access drives: 4.3 m w ........


Crushing and Grinding
Source: Subscription required

- subscription is required.


Processing

Flow Sheet: Subscription required

Summary:

- subscription is required.


Production:
The process plant accepts additional ore feed from a third-party operation utilizing excess capacity. During 2022, Chaarat Gold's own ore treated was 634,883 t, and third-party ore treated was 130,111 t.

CommodityUnits2022202120202019201820172016
Gold koz  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required282814
Silver koz  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required
Copper M lbs  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required
Zinc M lbs  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required
Gold Equivalent koz  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required
All production numbers are expressed as metal in concentrate.
Subscription required - Subscription is required.

Operational Metrics:

Metrics202320222021202020192018
Ore tonnes mined  ......  Subscription required  ......  Subscription required  ......  Subscription required684,156 t678,382 t637 kt
Total tonnes mined  ......  Subscription required  ......  Subscription required  ......  Subscription required
Daily processing capacity  ......  Subscription required  ......  Subscription required  ......  Subscription required
Annual ore mining capacity  ......  Subscription required  ......  Subscription required  ......  Subscription required700 kt
Annual processing capacity  ......  Subscription required  ......  Subscription required  ......  Subscription required900 kt
Tonnes processed  ......  Subscription required  ......  Subscription required  ......  Subscription required676,867 t733,860 t636 kt
Annual mining capacity  ......  Subscription required  ......  Subscription required  ......  Subscription required
^ Guidance / Forecast.
Subscription required - Subscription is required.

Reserves at December 31, 2022:
Ore Reserves are based on a gold equivalent cut-off of 2.3g/t Au.

The effective date of Mineral Resource is 1 September 2022.

CategoryTonnage CommodityGradeContained Metal
Proven & Probable 3.14 Mt Gold 1.65 g/t 166.2 koz
Proven & Probable 3.14 Mt Silver 32.47 g/t 3,276 koz
Proven & Probable 3.14 Mt Copper 0.36 % 11.2 kt
Proven & Probable 3.14 Mt Zinc 1.33 % 41.7 kt
Proven & Probable 3.14 Mt Gold Equivalent 3.28 g/t 330.4 koz
Measured & Indicated 2.602 Mt Gold 4.4 g/t 365 koz
Measured & Indicated 2.602 Mt Silver 82.6 g/t 6,912 koz
Measured & Indicated 2.602 Mt Copper 0.9 % 23,605 t
Measured & Indicated 2.602 Mt Zinc 3.6 % 94,215 t
Measured & Indicated 2.602 Mt Gold Equivalent 8.6 g/t 722 koz
Inferred 1.864 Mt Gold 3.2 g/t 192 koz
Inferred 1.864 Mt Silver 72.7 g/t 4,356 koz
Inferred 1.864 Mt Copper 0.7 % 12,489 t
Inferred 1.864 Mt Zinc 2.6 % 49,023 t
Inferred 1.864 Mt Gold Equivalent 6.5 g/t 389 koz

Commodity Production Costs:

CommodityUnits202220212020201920182017
Cash costs Gold Equivalent USD 987 / oz   871 / oz  
All-in sustaining costs (AISC) Gold Equivalent USD  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required 1,131 / oz   1,292 / oz  
Subscription required - Subscription is required.

Financials:

Units2022202120202019201820172016
Capital expenditures M USD  ......  Subscription required  ......  Subscription required 7   24   8  
Revenue M USD  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required 61   66   29  
Operating Income M USD  ......  Subscription required  ......  Subscription required  ......  Subscription required
Pre-tax Income M USD  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required
After-tax Income M USD  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required
EBITDA M USD  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required 11   20   6  
Subscription required - Subscription is required


Water Supply
Source: Subscription required

- subscription is required.


Heavy Mobile Equipment as of April 26, 2023:
HME TypeModelSizeQuantity
Cassette Truck ....................... Subscription required ....................... Subscription required
Concrete sprayer ....................... Subscription required ....................... Subscription required
Drill ....................... Subscription required ....................... Subscription required
Drill ....................... Subscription required ....................... Subscription required
Drill ....................... Subscription required ....................... Subscription required
Drill ....................... Subscription required ....................... Subscription required
Drill (long hole) ....................... Subscription required ....................... Subscription required
Drill (long hole) ....................... Subscription required ....................... Subscription required
Drill (long hole) ....................... Subscription required ....................... Subscription required
Load-Haul-Dump (LHD) ....................... Subscription required ....................... Subscription required
Load-Haul-Dump (LHD) ....................... Subscription required
Load-Haul-Dump (LHD) ....................... Subscription required 1.5 cu. m ....................... Subscription required
Load-Haul-Dump (LHD) ....................... Subscription required 3.1 cu. m ....................... Subscription required
Load-Haul-Dump (LHD) ....................... Subscription required 1.9 cu. m ....................... Subscription required
Personnel Carrier ....................... Subscription required ....................... Subscription required
Scissor Lift ....................... Subscription required ....................... Subscription required
Scissor Lift ....................... Subscription required ....................... Subscription required
Truck ....................... Subscription required ....................... Subscription required
Truck (dump) ....................... Subscription required
Truck (dump) ....................... Subscription required 30 t ....................... Subscription required
Truck (dump) ....................... Subscription required 20 t ....................... Subscription required
Subscription required - Subscription is required.

Mine Management:

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Sep 6, 2023
Subscription required - Subscription is required.

Staff:

EmployeesYear
Subscription required 2017
Subscription required 2016

Corporate Filings & Presentations:

DocumentYear
Technical Report 2023
Corporate Presentation 2022
Corporate Presentation 2022
................................... Subscription required 2021
................................... Subscription required 2021
................................... Subscription required 2020
................................... Subscription required 2019
Annual Report 2018
Annual Report 2017
Annual Report 2016
Management Discussion & Analysis 2016
Technical Report 2014
Subscription required - Subscription is required.

News:

NewsDate
Chaarat Gold: Conditional Agreement to Sell the Kapan Mine in Armenia August 16, 2023

Subscription required - Subscription is required.

Terms of Use Privacy Policy © 2017-2023 MDO Data Online Inc.