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AMEX: NXG USD$: 1.61  +0.03
TSX: NGX C$: 1.71  +0.03
Operations & Projects
Kemess South Pit


Kemess South mine production for the past five years is shown below:

2003  

2004  

2005   2006   2007  

53.9  

56.0  

51.2  

43.0  

42.0  

Ore milled (MM tonnes) 18.6   18.5   18.0   18.2   17.8  
Gold (ounces) 294,117   303,745   279,962  

310,296  

245,631  

Copper (MM lbs)

76.1   78.3   73.7  

81.2  

68.1  

Net cash cost ($/oz)

219   135   205   (56)  (22)














2008 production is completely unhedged.  A summary of Kemess' production is shown below:
 
2008 Kemess Total  

Gold production (ounces)

209,000  

Copper production (millions pounds)

61.0  

Net cash cost ($ per ounce)

55*

* Assuming the copper price averages $3.50 per pound and a Cdn$/US$ exchange rate of $1.00












 
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