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United States
Cripple Creek & Victor Mine

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 Location:
35 km SW from Colorado Springs, Colorado, United States

  Address:
P.O. Box 191-100 North 3rd Street
Victor
Colorado, United States
80860
Phone  ...  Subscription required
Fax719-689-3254
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  • Overview
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  • Mining
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  • Reserves
  • Costs & Financials
  • Fleet
  • Personnel
  • Filings & News

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Overview

StageProduction
Mine TypeOpen Pit
Commodities
  • Gold
Mining Method
  • Truck & Shovel / Loader
Production Start...
Mine Life2025
Cripple Creek & Victor mine's modern, high-tech operations allow for responsible surface mining of various ore types.

CC&V transitioned to leach only operations in the second quarter of 2022. The mill is currently idled.


Owners

Source: p. 40,172
CompanyInterestOwnership
Newmont Corp. 100 % Indirect

Contractors

Subscription required - Subscription is required.


Deposit Type

  • Epithermal
  • Vein / narrow vein


Summary:

Cripple Creek & Victor is an epithermal alkalic deposit.

The Cripple Creek and Victor Gold Mine lies within an alkaline diatreme, or a volcanic pipe formed by an a gas explosion, that measures approximately 18 square kilometers, or 7 square miles (Thompson et al., 1985, Kelly et al., 1998, and Leichliter and Larson, 2011). The basement units are granodiorite, gneisss, monzonite, and granite. Inside the diatreme, there are many different lithologies: breccia, phonolites (porphyritic and aphanitic), phonotephrite, tephriphonolite, syenite, and lamprophyres (Thompson, 1992, Jensen, 2003, Jensen and Barton, 2007, and Leichliter and Larson, 2011). The main rock type in the diatreme is the breccia, which is composed of pieces of both the basement and intrusive rocks.

The upper portion of the ore body is oxidized (jarosite, goethite, hematite, limonite, and other iron and manganese oxides) (Leichliter and Larson, 2011). As mining progresses downward, the ore body becomes less oxidized and more sulfidic. Pyrite is the most common sulfide, but molybdenite, chalcopyrite, chalcocite, sphalerite, and galena are present (Leichliter and Larson, 2011).

The gold mineralization occurs in every rock type and is mostly controlled by structure. It can occur as native gold, electrum, gold tellurides, gold-silver tellurides, and with sulfides (Leichliter and Larson, 2011). Silver is also present, but to a lesser degree than gold. There are also many different types ........


Mining Methods

  • Truck & Shovel / Loader


Summary:

Cripple Creek &Victor (“CC&V”) is an open pit operation. The available mining fleet consists of two hydraulic shovels, two loaders, and 21 haul trucks, each with a 250-tonne payload.


Crushing and Grinding
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Processing

Flow Sheet: Subscription required

Summary:

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Production:
A reduction in 2022 full-year production due to the transition to a higher-value, longer-life leach-only operation in the second quarter of 2022.

CommodityUnits2023202220212020201920182017
Gold koz  ......  Subscription required ^  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required360451
All production numbers are expressed as metal in doré. ^ Guidance / Forecast.
Subscription required - Subscription is required.

Operational Metrics:

Metrics202220212020
Ore tonnes mined  ......  Subscription required  ......  Subscription required23,116 kt
Waste  ......  Subscription required  ......  Subscription required16,149 kt
Total tonnes mined  ......  Subscription required  ......  Subscription required39,265 kt
Tonnes processed  ......  Subscription required  ......  Subscription required22,525 kt
Subscription required - Subscription is required.

Reserves at December 31, 2022:
Cut-off grades utilized in 2022 reserves were as follows: leach material not less than 0.10 gram per tonne.

CategoryTonnage CommodityGradeContained Metal
Proven 49,300 kt Gold 0.39 g/t 620 koz
Probable 44,600 kt Gold 0.66 g/t 940 koz
Proven & Probable 94,000 kt Gold 0.52 g/t 1,560 koz
Measured 79,700 kt Gold 0.38 g/t 980 koz
Indicated 42,300 kt Gold 0.32 g/t 440 koz
Measured & Indicated 122,000 kt Gold 0.36 g/t 1,420 koz
Inferred 32,200 kt Gold 0.34 g/t 350 koz

Commodity Production Costs:

CommodityUnits2023202220212020201920182017
Credits (by-product) Gold USD  ......  Subscription required  ......  Subscription required  ......  Subscription required
Total cash costs Gold USD
Total cash costs (sold) Gold USD  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required 727 / oz†   624 / oz†  
All-in sustaining costs (sold) Gold USD
All-in sustaining costs (sold) Gold USD  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required 840 / oz†   729 / oz†  
^ Guidance / Forecast.
† Net of By-Product.
Subscription required - Subscription is required.

Financials:

Units2023202220212020201920182017
Capital expenditures (planned) M USD  ......  Subscription required
Capital expenditures M USD  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required 29   33  
Sustaining costs M USD  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required 29   33  
Revenue M USD  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required
Pre-tax Income M USD  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required 89   153  
Subscription required - Subscription is required



Heavy Mobile Equipment:
HME TypeModelSizeQuantityRef. Date
Dozer (crawler) ....................... Subscription required ....................... Subscription required Sep 18, 2016
Dozer (rubber tire) ....................... Subscription required ....................... Subscription required Sep 18, 2016
Drill ....................... Subscription required ....................... Subscription required Sep 18, 2016
Loader ....................... Subscription required ....................... Subscription required Dec 31, 2022
Shovel (hydraulic) ....................... Subscription required ....................... Subscription required Dec 31, 2022
Truck (haul) ....................... Subscription required 250 t ....................... Subscription required Dec 31, 2022
Subscription required - Subscription is required.

Mine Management:

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required May 12, 2023
....................... Subscription required ....................... Subscription required Subscription required May 12, 2023
....................... Subscription required ....................... Subscription required Subscription required May 12, 2023
....................... Subscription required ....................... Subscription required Subscription required May 12, 2023
....................... Subscription required ....................... Subscription required Subscription required May 12, 2023
....................... Subscription required ....................... Subscription required Subscription required May 12, 2023
....................... Subscription required ....................... Subscription required Subscription required May 12, 2023
Subscription required - Subscription is required.

Staff:

EmployeesTotal WorkforceYear
Subscription required 2022
Subscription required 2021
Subscription required 2020
Subscription required 2019
Subscription required 2018
Subscription required 2017
Subscription required 2016
Subscription required 2015
Subscription required 2014
Subscription required 2013
Subscription required 2012

Corporate Filings & Presentations:

DocumentYear
Corporate Presentation 2023
Other 2023
Form 10-K 2022
Other 2022
Other 2022
Sustainability Report 2022
Year-end Mineral Reserves 2022
................................... Subscription required 2021
................................... Subscription required 2021
................................... Subscription required 2021
................................... Subscription required 2021
................................... Subscription required 2021
................................... Subscription required 2020
................................... Subscription required 2020
................................... Subscription required 2020
................................... Subscription required 2019
................................... Subscription required 2019
Form 10-K 2018
Year-end Mineral Reserves 2018
Annual Report 2017
Other 2017
Year-end Mineral Reserves 2017
Annual Report 2016
Corporate Presentation 2016
Press Release 2016
Year-end Mineral Reserves 2016
Annual Report 2015
Annual Report 2015
Financial Review 2015
Subscription required - Subscription is required.

Subscription required - Subscription is required.

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