Placer Dome Cortez Gold Mine
Proven and probable reserves in January 2005 totalled 234Mt grading 1.4g/t gold, equivalent to 7.8Moz of gold at 74% recovery. In September 2005, the joint venture approved the development of the nearby Cortez Hills deposit, discovered in 2003, where proven and probable reserves of 64.7Mt at a grade of 1.8g/t gold contain a further 5.5Moz. Mining
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