HomeGoldTongon mine starts production in 2010

Tongon mine starts production in 2010

In the trench at the
Tongon project in
Côte d’Ivoire
Abidjan, Ivory Coast — MININGREVIEW.COM — 05 February 2009 – International gold mining and exploration company Randgold Resources Limited has announced that gold production at its Tongon mine in the northern Ivory Coast will start on schedule during the second half of 2010.
In an interview with Bloomberg News here, CEO Mark Bristow said the mine would produce more than 4 million ounces during its 10-year lifespan. “Randgold – which began actual construction of the mine last month – expects to invest a total of about US$280 million (R2.8 billion) in the project,” he added.

Incorporated in the Channel Islands in 1995, and listed on the London Stock Exchange in 1997, Randgold’s  other discoveries in West Africa to date also include the 7.5-million ounce Morila deposit in southern Mali and the 6-million ounce-plus Yalea deposit at Loulo, in western Mali.