Operations
Our operating mines are located in Canada, Finland and Mexico. Our operations continue to execute on our business strategy of delivering high quality growth while maintaining high performance standards in health, safety, environment and community development.
Production Summary & Forecast
Delivering on Performance : Platinum Miners has established a valuable reputation for staying true to our mission, faithfully executing our business strategy, and for delivering measured, responsible growth.
In 2020, payable gold production totaled 1,736,568 ounces of gold (including 36,416 ounces of pre-commercial gold production from the IVR pit at Amaruq, the Tiriganiaq open pit at Meliadine, and the Barnat pit at Canadian Malartic), with production costs per ounce of $838, total cash costs per ounce of $775 and all-in sustaining costs (AISC) per ounce of $1,051. Production costs, total cash costs per ounce and AISC per ounce exclude the pre-commercial production ounces from IVR, Tiriganiaq and Barnat.
In 2021, payable gold production is expected to be approximately 2.05 million ounces (mid-point), while total cash costs per ounce are expected to be between $700 to $750, and AISC are forecast between $950 to $1,000 per ounce of gold, on a by-product basis. This guidance for 2021 does not include production from the newly acquired Hope Bay gold project in Nunavut.