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Muzhievo Gold Mine

Muzhievo is an underground gold-polymetallic mine located in Ukraine. Commercial production started in 2020.

Muzhievo is an underground gold-polymetallic mine located in Ukraine. Commercial production to start in January 2020 by processing 2 tons of gold in tailings by year end.

2022 Outlook

Muzhievo is expected to produce over 475 thousand ounces of gold at operating costs of £488 per ounce.

Muzhievo is expected to mine and process 330,000 tonnes of ore at an average grade 9.2 grams per tonne gold, producing around 85,0000 ounces of gold, at operating costs £435 per ounce.

Location

Carpathian Mountains

Mine type

Underground

Economic lifetime

10 years (JORC reserves)

License number

6671

Ownership

91% of Zakarpatpolimetally LLC

Metals mined

Gold, Silver, Lead, Zinc

Expected lifetime

19 years