• 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
Canada
Cote (Côté) Project

This page is not tailored to
devices with screen width under 750 px.
 Location:
112 km SW from Timmins, Ontario, Canada

  Project Contacts:
401 Bay Street, Suite 3200, P.O. Box 153
Toronto
Ontario, Canada
M5H 2Y4
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 Canada
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

StageConstruction
Mine TypeOpen Pit
Commodities
  • Gold
Mining Method
  • Truck & Shovel / Loader
Production Start...
Mine Life18 years (as of Jan 1, 2022)
Latest NewsIAMGOLD Announces Transaction with Sumitomo Metal Mining to Provide up to $340 Million in Additional Funding for the Construction of the Côté Gold Project     December 19, 2022


Owners

Source:
CompanyInterestOwnership
Treelawn Group Inc. 7.5 % Indirect
Sumitomo Metal Mining Co., Ltd 27.75 % Indirect
IAMGOLD Corp. (operator) 64.75 % Indirect
The beneficial and registered ownership:
• IAMGOLD: 64.75%
• SMM: 27.75%
• Treelawn Group: 7.5%

Contractors

Subscription required - Subscription is required.


Deposit Type

  • Intrusion related
  • Hydrothermal
  • Breccia pipe / Stockwork


Summary:

The Project mining leases area, which hosts both the Côté and Gosselin deposits, contains calc alkalic pyroclastic metavolcanic rocks of felsic to intermediate composition, felsic to intermediate intrusive rocks (predominantly tonalite and diorite) of the CIC, and related migmatites. Siragusa’s remapping (1993) and the Ayer and Trowell (2002) Compilation Map P3511 depict granitoid rocks as the dominant lithology. Recent mapping by Gemmell and MacDonald (2017) provide the most up to date Geological Survey coverage of the mining leases area. Laird (1932) noted that, locally, the granitoid varies considerably in texture and composition and contains inclusions of older rocks. The texture varies from granular to porphyritic, while in other areas it has the appearance of a quartz porphyry phase of the granite.

The Côté deposit is a new Archean low grade, high tonnage gold (± copper) discovery. It is described as a synvolcanic intrusion related and stockwork disseminated gold deposit (Kontak et al., 2012, Katz et al., 2015, Dubé et al., 2015, Katz, 2016). Deposits of this type are commonly spatially associated with and/or hosted in intrusive rocks. They include porphyry copper-gold, syenite associated disseminated gold and reduced gold-bismuth-tellurium-tungsten intrusion related deposits, as well as stockwork disseminated gold.

The Gosselin deposit, similar to the Côté deposit, is also hosted in the synvolcanic CIC and most of its mineralization lies within hy ........


Mining Methods

  • Truck & Shovel / Loader


Summary:

The mine plan is designed as a truck-shovel operation assuming 212 t autonomous trucks and 34 m3 shovels. The pit design includes five phases to balance stripping requirements while satisfying concentrator requirements.

The Côté deposit is planned to be mined in five phases included within the ultimate pit limit. The schedule was developed in quarters for the pre-production period for the first five years of production, then in annual periods. The scheduling constraints establish the maximum mining capacity at approximately 70 Mtpa and the maximum number of benches mined per year at eight in each phase. Additional constraints were used to guide the schedule and to obtain the desired results. Examples of these additional constraints include feeding lower grade material during the first months of the plant ramp up schedule, the maximum stockpile capacity, and reducing the mining capacity in later years to balance the number of trucks required per period.

The design parameters include a ramp width of 36 m, maximum road grades of 10%, bench height of 12 m, berm height interval of 24 m, geotechnical catch bench of 20 m if height is greater than 150 m, a minimum mining width of 40 m, and variable slope angles and berm widths by sector.

The smoothed final pit design contains approximately 235 Mt of ore at 0.95 g/t Au and 575 Mt of waste for a resulting stripping ratio of 2.4:1. The total LOM mill feed is 233 Mt at 0.96 g/t Au, constrained by TMF cap ........


Crushing and Grinding
Source: Subscription required

- subscription is required.


Processing

Flow Sheet: Subscription required

Summary:

- subscription is required.


Projected Production:

CommodityProductUnitsAvg. AnnualLOM
Gold Metal in doré koz 6,578
Gold Payable metal koz 3676,578

Operational Metrics:

Metrics
Stripping / waste ratio  ......  Subscription required
Annual mining capacity  ......  Subscription required
Waste tonnes, LOM  ......  Subscription required
Ore tonnes mined, LOM  ......  Subscription required
Total tonnes mined, LOM  ......  Subscription required
Daily processing capacity  ......  Subscription required
Tonnes processed, LOM  ......  Subscription required
Annual processing rate  ......  Subscription required
Annual processing capacity  ......  Subscription required
* According to 2022 study.
Subscription required - Subscription is required.

Reserves at May 1, 2022:
Mineral Resources are estimated at a cut-off grade of 0.3 g/t Au.
The cut-off applied to the reserves is 0.35 g/t Au.

CategoryTonnage CommodityGradeContained Metal
Proven 130.9 Mt Gold 1.01 g/t 4,261 koz
Probable 102.1 Mt Gold 0.88 g/t 2,909 koz
Proven & Probable 233 Mt Gold 0.96 g/t 7,170 koz
Measured 152.1 Mt Gold 0.97 g/t 4.72 M oz
Indicated 213.4 Mt Gold 0.8 g/t 5.48 M oz
Measured & Indicated 365.5 Mt Gold 0.87 g/t 10.2 M oz
Inferred 189.6 Mt Gold 0.63 g/t 3.82 M oz

Commodity Production Costs:

CommodityUnitsAverage
Total cash costs Gold USD  ......  Subscription required *†
All-in sustaining costs (AISC) Gold USD  ......  Subscription required *†
Assumed price Gold USD  ......  Subscription required&nbs
* According to 2022 study / presentation.
† Net of By-Product.
Subscription required - Subscription is required.

Operating Costs:

Units2022
OP mining costs ($/t milled) USD 6.2 *
Processing costs ($/t milled) USD  ......  Subscription required
G&A ($/t milled) USD  ......  Subscription required
Total operating costs ($/t milled) USD  ......  Subscription required
* According to 2022 study.
Subscription required - Subscription is required.

2022 Study Costs and Valuation Metrics :

MetricsUnitsLOM Total
Expansion CapEx $M USD  ......  Subscription required
Working capital $M USD  ......  Subscription required
Sustaining CapEx $M USD  ......  Subscription required
Closure costs $M USD  ......  Subscription required
Total CapEx $M USD  ......  Subscription required
OP OpEx $M USD  ......  Subscription required
Processing OpEx $M USD 1,856
Refining and transportation $M USD  ......  Subscription required
G&A costs $M USD 771.9
Total OpEx $M USD  ......  Subscription required
Income Taxes $M USD  ......  Subscription required
Royalty payments $M USD  ......  Subscription required
Gross revenue (LOM) $M USD  ......  Subscription required
Operating margin (LOM) $M USD  ......  Subscription required
EBITDA (LOM) $M USD  ......  Subscription required
Pre-tax Cash Flow (LOM) $M USD  ......  Subscription required
After-tax Cash Flow (LOM) $M USD  ......  Subscription required
Pre-tax NPV @ 5% $M USD  ......  Subscription required
Pre-tax NPV @ 10% $M USD  ......  Subscription required
Pre-tax NPV @ 8% $M USD  ......  Subscription required
After-tax NPV @ 5% $M USD  ......  Subscription required
After-tax NPV @ 10% $M USD  ......  Subscription required
After-tax NPV @ 8% $M USD  ......  Subscription required
Pre-tax IRR, %  ......  Subscription required
After-tax IRR, %  ......  Subscription required
Pre-tax payback period, years  ......  Subscription required
After-tax payback period, years  ......  Subscription required
Subscription required - Subscription is required.

Pipelines
TypeMaterialDiameterLengthDescription


Proposed Heavy Mobile Equipment as of June 30, 2022:
HME TypeModelSizeQuantityLeased or
Contractor
Backhoe ....................... Subscription required ....................... Subscription required Leased
....................... Subscription required ....................... Subscription required Leased
....................... Subscription required ....................... Subscription required ....................... Subscription required Leased
....................... Subscription required ....................... Subscription required ....................... Subscription required Leased
....................... Subscription required ....................... Subscription required ....................... Subscription required Leased
....................... Subscription required ....................... Subscription required ....................... Subscription required Leased
....................... Subscription required ....................... Subscription required ....................... Subscription required Leased
....................... Subscription required ....................... Subscription required ....................... Subscription required Leased
....................... Subscription required ....................... Subscription required ....................... Subscription required Leased
....................... Subscription required ....................... Subscription required ....................... Subscription required Leased
....................... Subscription required ....................... Subscription required ....................... Subscription required Leased
....................... Subscription required ....................... Subscription required ....................... Subscription required Leased
....................... Subscription required ....................... Subscription required ....................... Subscription required Leased
....................... Subscription required ....................... Subscription required Leased
....................... Subscription required ....................... Subscription required ....................... Subscription required Leased
....................... Subscription required ....................... Subscription required ....................... Subscription required ....................... Subscription required Leased
....................... Subscription required ....................... Subscription required Leased
....................... Subscription required ....................... Subscription required ....................... Subscription required Leased
Subscription required - Subscription is required.

Mine Management:

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Aug 26, 2022
....................... Subscription required ....................... Subscription required Subscription required Aug 26, 2022
....................... Subscription required ....................... Subscription required Subscription required Jun 30, 2022
....................... Subscription required ....................... Subscription required Subscription required Jun 30, 2022
....................... Subscription required ....................... Subscription required Subscription required Aug 26, 2022
....................... Subscription required ....................... Subscription required Subscription required Dec 24, 2021
....................... Subscription required ....................... Subscription required Subscription required Aug 26, 2022
....................... Subscription required ....................... Subscription required Subscription required Aug 26, 2022
Subscription required - Subscription is required.

Staff:

EmployeesYear
Subscription required 2022

Corporate Filings & Presentations:

DocumentYear
Corporate Presentation 2022
Preliminary Economic Assessment 2022
................................... Subscription required 2021
................................... Subscription required 2021
................................... Subscription required 2021
................................... Subscription required 2020
................................... Subscription required 2020
................................... Subscription required 2020
................................... Subscription required 2019
................................... Subscription required 2019
Fact Sheet 2018
Feasibility Study Report 2018
Management Discussion & Analysis 2018
Press Release 2018
Quarterly Report 2018
Management Discussion & Analysis 2017
Pre-Feasibility Study Report 2017
Press Release 2017
Subscription required - Subscription is required.

News:

NewsDate
IAMGOLD Announces Transaction with Sumitomo Metal Mining to Provide up to $340 Million in Additional Funding for the Construction of the Côté Gold Project December 19, 2022

Subscription required - Subscription is required.

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