The new plant will be highly efficient, reducing Syama’s power costs by approximately 40%, while reducing carbon emissions by about 20%.
“With Europe’s plans and policies in place, electric vehicle sales are expected to increase from 2.5 million in 2019 to 10 million by 2025."
The mine is forecast to produce approximately 26 350 oz of gold from November 2020 to the second quarter of 2021.
Syama is regarded as the most advanced automated mine in the world and its progress is being keenly watched by the global mining community.
Gold production in West Africa’s leading markets – Ghana, Burkina Faso and Mali – is expected to increase by 2.7% in 2021 to 8 Moz
“Firefinch will become solely focussed on gold on the completion of the demerger." - Executive Chairman, Dr Alistair Cowden.