Montage Gold lands $825m for new West Africa mine
Wheaton has committed to acquire 19.5% of payable gold production from the Koné mine, until 400,000 ounces delivery, for a total upfront cash consideration of $625 million. The …
Recent expansion of artisanal gold mining along the …
Between 2000 and 2021, the price of an ounce of gold rose from $280 to $1,800, an increase of over 600%. This increase has led to the development of artisanal gold mining in many rural areas of Côte d'Ivoire, and in neighboring countries (Abass Saley et al., 2021). Indeed, due to great poverty, many communities practice this activity, which is ...
Lafigué mine
The Lafigué mine poured first gold at the end of Q2 2024 and is Endeavour's newest cornerstone mine. The goal at Lafigué is to produce over 200koz per year at an industry leading all-in …
Gold booming in Côte d'Ivoire
In September 2016, Endeavour Mining announced a signifi cant discovery at its Ity gold mine in the Birimian corridor of Côte d'Ivoire, which has the potential to extend the mine's life by 10 years. ... Côte d'Ivoire's vast gold reserves will continue to attract investment, supporting the country's long-term growth outlook. ...
Montage Gold lands $825m for new West Africa …
Canada's Montage Gold (TSX-V: MAU)(OTCQX: MAUTF) has secured a financing package worth $825 million to fund the construction of its flagship Koné project in Côte d'Ivoire. The funding ...
Endeavour Mining launches second gold mine in Côte d'Ivoire
Endeavour Mining has inaugurated its second gold mine in Côte d'Ivoire. Located in Lafigué in the north, this new site, requiring an investment of $410 million, began production in September and is expected to significantly contribute to the company's overall gold output in West Africa, which aims to reach between 1.13 and 1.27 million ounces in 2024.
Côte d'Ivoire: Séguéla Mine Set to Produce 4 Tonnes of Gold …
The government is counting on growth from existing mines and the launch of the Lafigué mine. Rising gold production can boost revenues for the mining sector, especially with high gold prices on the international market. This week, gold is trading at over $2,600 an ounce, up about 30% since January 2024. In Côte d'Ivoire, the tax rate is 6% ...
Tietto Minerals
Tietto Minerals (ASX: TIE) is West Africa's newest gold producer, achieving first gold at its Abujar Gold Project in Côte d'Ivoire in January 2023. Abujar gold production is unhedged. It has a current mine life of 11 years with estimated Mineral Resources of 3.83Moz gold, and there is scope for Tietto to extend this with further near-mine ...
Montage Gold Secures US$825 Million Financing Package …
Montage Gold (TSXV: MAU) has secured a massive financing package that will enable the company to proceed with the development of its Kone gold project in Cote …
Endeavour Mining plc (LSE: EDV/TSX: EDV)
Endeavour Achieves First Gold Pour at Lafigué Mine in Côte d'Ivoire. Read more . All news. Play full video. We are a leading global gold producer with a diversified portfolio across West Africa. Our portfolio. Our purpose. Our purpose is to produce gold that provides lasting value to society.
Yaouré Mine
Yaouré Gold Mine, in central Côte d'Ivoire, poured first gold in December 2020, becoming Perseus's third operation. Perseus declared Commercial Production at Yaouré in March 2021. In September 2023, Perseus extended Yaouré's operational life to 12+ years (to at least 2035). Yaouré is expected to produce ~210,000oz gold per year over ...
Endeavour Mining targets 200 000 oz/y of gold from Côte d'Ivoire mine
London-listed Endeavour Mining said on Saturday it had a goal of producing about 200 000 ounces of gold per year from 2025 from its second gold mine in Côte d'Ivoire. Lafigue Mine, inaugurated on ...
Richard BORO
Oron Gold Mines Inc. is the leading Gold mining company in Cote d'Ivoire with the capacity to produce Gold products and sign a long term contract with serious buyers, individual and Company.
Côte d'Ivoire: Government Grants New Gold and Lithium …
Côte d'Ivoire's gold potential is estimated at 600 tonnes. The country is looking for new viable deposits to bolster its gold production, which hit 51 tonnes in 2023. During the Council of Ministers meeting on October 16, the Ivorian government issued four decrees granting mining exploration permits: three for gold...
Ity mine
Ity has the longest operating history of any gold mine in Côte d'Ivoire. The first gold pour occurred in 1991 and the mine has produced more than 1.4Moz of gold since. Endeavour acquired the …
MONTAGE GOLD SECURES US$825 MILLION FINANCING …
HIGHLIGHTS: US$825m financing package secured from strategic partners Wheaton Precious Metals and Zijin Mining to fund the build of the Koné project in Côte d'Ivoire, increasing Montage's ...
Abujar Gold Project, Cote d'Ivoire
The Abujar Gold Project is an open-pit gold mine being developed in Côte d'Ivoire, West Africa, by Australian exploration company Tietto Minerals. Through its 90%-owned subsidiary Tiebaya Gold, Tietto Minerals applied for a mining licence within the Abujar Middle Tenement in July 2020. It received the licence in December 2020.
Montage Gold Corp.
Montage Gold Corp. is a private mineral exploration company with an extensive portfolio of gold projects in Côte d'Ivoire. ... the political capital of Côte d'Ivoire, and approximately 600 kilometres north-west of Abidjan, the commercial capital of the country. ... The original permit package for the KGP was applied for by Red Back Mining ...
Kobo Resources
Kobo is a growth-focused gold exploration company with a compelling new gold discovery in Cote d'Ivoire, one of West Africa's most prolific and developing gold districts. Gold price USD 1,933.45/oz; Home; Contact; FR; ... Ivoire, one of West Africa's most prolific and developing gold districts, hosting several multi-million-ounce gold mines.
Côte d'Ivoire
Côte d'Ivoire's extractive sector is mainly governed by the Petroleum Code and Mining Code, which determines the rights of subsoil use, how to obtain them, and the rights and obligations of the engaged parties and government authorities.. The three main taxes and fees imposed on companies operating in the mining sector include royalties, salary withholding tax …
Côte d'Ivoire: Lafigué Mine Could Boost Gold Output by 5.6 t …
Endeavour expects Lafigué to generate public revenues of CFA380 billion ($630 million) and create about 1,500 jobs. The Ivorian government holds a 10% stake in the mine …
Gold Being Found by Miners in Cote d'Ivoire
The history of gold mining in Cote d'Ivoire dates back to the 1920s with the French colonizers taking part in small-scale mining in several places within the country. In recent times, most of the country's gold has been mined on a small scale by artisan miners, although some international companies have acquired the license to conduct ...
Oron Gold Mines Inc | Cote D'Ivoire
Cote D'Ivoire / Marcory Product List Alluvial AU Metal, Gold Bullion, Minerals, Gold Dore Bars, Alluvial Gold Dore Bars. ... Alluvial Gold Dore Bars. Contact Details Oron Gold Mines INC Rue De Canal Zone 3, BP 1195, Marcory Abidjan Cote D'Ivoire Contact Person: Mr. Chief Richard Boro
Côte d'Ivoire: An Emerging Mining Hotspot in West Africa
The mining sector in Cote d'Ivoire has significant potential, with a focus on gold mining and critical minerals like lithium and cobalt, as well as energy production from crude oil and natural gas. ... Côte d'Ivoire has the biggest share of green minerals in West Africa and is highly prospective for gold mining. "Cote d'Ivoire has critical ...
Côte d'Ivoire: Lafigué Mine Could Boost Gold Output by 5.6 …
Lafigué is Côte d'Ivoire's third industrial gold mine to open since 2023, after the Séguéla and Abujar mines. These new assets helped boost the country's output to 51 tonnes in 2023, from 48 tonnes in 2022. This year, the national output is forecast at 55 tonnes, integrating Lafigué's production–90,000 to 110,000 ounces. ...
New gold mine in Côte d'Ivoire declares …
Sissingué is located southeast of the 7Moz Morila gold mine and northwest of the 4.3Moz Tongon deposit. It is estimated to produce 358,000 ounces over the 5-year life of mine, including 80,000 ...
What is the production potential of Côte d'Ivoire's mining …
With potentially significant untapped resources and the government committed to making mining a key pillar of growth for the economy, Côte d'Ivoire's extractive minerals sector looks set for robust growth. Gold, nickel, bauxite, diamonds, manganese, columbite and tantalite are already in production, and Côte d'Ivoire's miners are ready to become key players in the country's
Thor Explorations expands in Côte d'Ivoire with Guitry gold …
Guitry is an advanced exploration project located in a highly prospective greenstone belt. Some of the drill results include 12 metres grading 10.4 g/t gold, 16 metres grading 7.90 g/t gold, 24 ...
Recruitment Announcement
Bonikro Gold Mine, a significant gold mining operation located in Côte d'Ivoire. We are committed to responsible and sustainable mining practices, ensuring the safety of our employees, local communities, and the environment. ... • Integrate international best practices in sustainable development and the environment into Cote d'Ivoire operations;
Barrick
The Tongon gold mine is located within the Nielle mining permit, 628 kilometers north of the Côte d'lvoire port city of Abidjan, and 55 kilometers south of the border with Mali. The Tongon gold mine and associated mining permit is owned by Société des Mines de Tongon SA (Tongon), in which Barrick has an 89.7% interest, the State of Côte d ...
Power Outages Impact Gold Production in Côte d'Ivoire, …
The loss was calculated based on August 9 gold price of approximately $2,432 per ounce. Allied Gold operates the Agbaou and Bonikro mines and is not alone in facing challenges from the country's power supply issues. Endeavour Mining, which owns Côte d'Ivoire's largest gold mine, the Ity mine, also reported increased costs due to power cuts.
Montage Gold Secures US$825 Million Financing Package …
HIGHLIGHTS: US$825m financing package secured from strategic partners Wheaton Precious Metals and Zijin Mining to fund the build of the Koné project in Côte d'Ivoire, increasing Montage's ...