Rochester (Nevada)

Rochester is a silver and gold surface mine located in west central Nevada which has produced more than 120 million ounces of silver and 1 million ounces of gold since production began in 1986.

Rochester Career Opportunities

.Rochester is currently pursuing resumption of Active Mining in 2010. 

• In 2009, Rochester produced 2.2 million ounces of silver and 12,663 ounces of gold.  In the fourth quarter, the residual leaching operation produced 640,347 of silver and 3,517 ounces of gold.
• The Company is completing economic and technical studies assessing the resumption of active mining activities, which would add an additional six years of production averaging 2.5 million silver ounces and 33,000 gold ounces annually. 
• Silver and gold mineral reserves at year-end totaled 25.9 million ounces of silver and 232,000 ounces of gold.

Stage Residual leaching/exploration
Location Rochester, Nevada, USA
Type Open Pit
Metals Produced Silver and Gold
Product Doré

 

Historical Production Data


2003 2004 2005 2006 2007 2008
Tons under Leach 7,324,000 8,976,000 9,327,000 10,399,000 5,061,000

 

Ag Grade (oz/t) .94 .74 .91 .74 .65
Au Grade (oz/t) .005 .009 .010 .010 .006
Recovery (Ag)
61.5% 67.5% 65.9% 141.4%
Recovery (Au)
64.2% 76.2% 68.9% 167.6%
Ag Production 5,585,385 5,669,074 5,720,489 5,113,504 4,614,780 3,033,720
Au Production 52,363 69,456 70,298 71,891 50,408 21,041

Historical Financial Data


2003 2004 2005 2006 2007
Net Revenues $44,974,000 $64,006,000 $69,636,000 $102,393,000 $100,903,000
Production Costs

$44,547,000 $ 47,310,000 $ 60,364,000
Gross Profit

$25,089,000 $ 55,083,000 $ 40,539,000
Gross Margin

36.0% 53.8% 40.2%
EBITDA

$24,695,000 $ 55,083,000 $40,116,000
Capital Expenditures $12,128,000 $3.548,000 $1,197,000 $1,225,000 $1,647,000
Cash Costs/Oz of Ag $4.67 $3.93 $4.82 $2.80 $1.52

Reserves and Resources

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