Operation: Soledad-Dipolos
| > Open pit gold mine, in operation since 2010 |
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Soledad-Dipolos is located 9 kilometres northwest of the Herradura mine, Soledad–Dipolos relies on the same villages as Herradura for workers, for whom daily transportation is provided to the mine site. |
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| > Overview |
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| Ownership |
Minera Penmont (56% Fresnillo plc, 44% Newmont USA Limited) |
| Location |
Sonora |
| Facilities |
Open pit mine and Merrill-Crowe plant (smelting at Herradura) |
| In operation since |
2010 |
| Workforce |
377 employees, 256 contractors |
| Average ore grade in reserves |
0.60 Gold |
| Total reserves |
580,000 Gold |
| Mine life |
4.3 years |
| > History |
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| 2007 |
Drilling commenced |
| 2009 |
Construction commenced |
| 2010 |
Commercial production began. Production increased from 100,000 to 130,000 oz/y |
| > Attributable Production |
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1Q12 |
1Q11 |
% Change |
| Gold (oz) |
21,209 |
20,511 |
3.4 |
| Silver (koz) |
12 |
14 |
-14.3 |
Download Quarterly Operating Statistics
Download Annual Operating Statistics
| > Financial Highlights |
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2011 |
2010 |
% Change |
| Adjusted Revenues (US$m) |
248.1 |
137.2 |
80.8 |
| Gross Profit (US$m) |
180.4 |
97.7 |
84.7 |
| Capital Expenditure (US$m) |
37.1 |
36.8 |
0.8 |
| > What we plan to do in 2012 |
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• Continue exploration at areas of influence to extend mine life
• Advance OHSAS 18001 certification process to 90% of completion
• Obtain International Cyanide Management Code certification |
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