Asset Report
Masbate gold mine
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The deposit is exploited by conventional truck and shovel open pit mining methods Ore is processed via a conventional Carbon in Leach (CIL) circuit. Plant capacity was expanded in 2019 from 6.5-8Mt/a. No royalties are payable on Masbate gold production but the Philippine government receives a 4% excise on gross gold and silver sales (this was increased from 2% from January 2018). Gold production in 2020 was 205koz.
Table of contents
- Summary
- Key issues
- Mining
- Processing
Tables and charts
This report includes the following images and tables:
- Detailed map
What's included
This report contains:
