The PFS shows that Sabodala-Massawa is a top-tier gold mine with proven and probable reserve base of 4.8 Moz (75.79 Mt at 1.98 g/t Au at $1,250 gold)
Successful extension exploration drilling programmes, mine design improvements, and optimisation of mine scheduling work undertaken at gold producer Resolute Mining’s Mako gold mine in Senegal has resulted in material improvements to an updated life of mine plan.
Thor Explorations has closed the final tranche of its previously announced brokered private placement raising an additional US$0.77million.
Teranga Gold Corporation is a shining example of how to build a strong and solid portfolio of producing and exploration assets in the West African region.
Safety is a top priority for Barrick Gold as the company strives for a zero-harm workplace, as is environmental management.
Barrick reports Q1 sales of 1.22 Moz of gold and 110 Moz of copper as well as preliminary Q1 production of 1.25 Moz of gold and 115 Moz of copper.
The COVID-19 crisis threatens to reverse recent development progress across the region and may weigh on growth for years to come.