Randgold Resources CE Mark Bristow said the Tongon team has delivered on all the critical issues; stabilising the optimised crushing circuit, minimising the impact of grid power supply disruptions and implementing an effective preventative maintenance plan.
“These actions have supported a continuing upward trend in the mine’s throughput and recovery rates and hence in gold production at a lower cost.
“Tongon should therefore hit its target of 260 000 oz for 2016 and is forecasting to produce 285 000 oz in 2017 and approximately 290 000 oz per year for the next three years thereafter,” he said.
“With Tongon now running smoothly, Randgold Resources is focusing on extending the life of the mine by finding additional resources and reserves in the extensions to the current ore bodies, the satellites around the mine and other targets within trucking distance.”
[quote]Bristow noted that Tongon was also performing well on the health, safety and environmental front, with a big improvement in the lost-time injury frequency rate and a continuing decrease in the incidence of malaria and HIV. The mine retained its international safety and environmental management accreditations.
Randgold Resources also continued its commitment to invest in sustainable community development projects, with the emphasis on potable water, education, primary healthcare and food security.
Updating Randgold Resources’ exploration activities in Côte d’Ivoire, Bristow said progress was being made at the Mankono permit and the new targets defined within the Boundiali belt, highlighting the importance of Côte d’Ivoire in Randgold’s search for its next world class discovery.