Săcărâmb mine explained

Săcărâmb
Pushpin Map:Romania
Pushpin Label:Săcărâmb Gold Mine
Pushpin Map Caption:Location in Romania
Coordinates:46.07°N 22.52°W
Place:Certeju de Sus
Subdivision Type:County
State/Province:Hunedoara County
Country:Romania
Owner:Carpathian Gold, Deva Gold
Acquisition Year:2005
Financial Year:2009
Amount:approx 28,000

The Săcărâmb mine is a large open pit mine in the west of Romania in Hunedoara County, north of Deva and north of the capital, Bucharest. Săcărâmb represents a large gold deposit with estimated reserves of of gold.[1] The mine also has the only tellurium and selenium reserves in Romania, having around 10 million tonnes grading 0.24g/tonnes for both elements.[1] The project is owned by the Toronto-based company Carpathian Gold in association with the Romanian company Deva Gold.

The project will involve the mining and processing of 0.53 million tonnes of ore per annum over an open pit life of 19 years. The open pit is expected to yield approximately 28,000 oz of gold per year in doré, reflecting an average total process recovery of 68% for gold.[1]

Notes and References

  1. Web site: Mineral assemblages at Săcărîmb, Golden Quadrilateral, Romania: II.Tellurides. 2009. Bulgarian Academy of Science. 2010-09-28.