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Sabodala Data

Sabodala Information

  • General 2015-05-10
    Mining of the Sabodala pit is carried out by owner-operated conventional truck and shovel open pit mining. Lower grade material is stockpiled and, depending on the economics of production at the time, will be treated at the end of the mine life. Based on current reserves, the Sabodala Mine will continue to produce ore up to year 2016. When the Niakafiri pit starts operation, at the current reserves, it will have a three-year mine life. The Sabodala pit has a final depth of 290 metres at the end of the third mining phase, with final dimensions at the pit surface of 780 metres by 940 metres. As per current plans, final mined depth for the Niakafiri pit is estimated to be 90 metres and surface dimensions are 360 metres by 460 metres.

Nearby Locations

Nearby Location News

  • Alecto, Ashanti to jointly develop Mali-based Kossanto project 2016-08-22
    To further develop the 247 00 oz Mali-based Kossanto East gold project, owner Alecto Minerals has signed a nonbinding letter of intent (LoI) with TSX-V-listed Ashanti Gold. The Canadian exploration and development company now has the right to earn a 65% stake in the project by completing a preliminary feasibility study (PFS) within 36 months. Should Ashanti not complete the PFS within the allocated time, it may instead elect to pay $4-million to Alecto within 90 days.
  • Sofia, Senegal: 16m grading 12.33g/t Au from 8m (SFRC073) 2016-08-04
  • ASX: Technical Report NI 43-101 2016-03-24
  • Teranga Gold Announces Receipt of Environmental Approval for High-Grade Gora Deposit 2015-03-16

    Gora is the first deposit to be discovered on Teranga's large regional land package

  • Alecto to develop gold projects with Desert Gold 2015-03-09
    Aim-listed mineral exploration company Alecto Minerals has signed a cooperation agreement with TSX-listed Desert Gold to jointly develop the Farabantourou gold permit and the Kossanto East gold project, in Mali, and bring them into production. “With a combined estimated indicated and inferred resource of over 365 000 oz gold and falling within a 10 km radius of each other, we believe there is significant scope to develop the Kossanto East and Barani East deposits into a commercial mining opportunity. Accordingly, working in collaboration through the sharing of information and resources with Desert Gold marks a significant step towards achieving this goal,” Alecto CEO Mark Jones said in a statement on Monday.

Sabodala News

  • Teranga Gold sets new production record 2016-07-29
    Dual-listed Teranga Gold has recorded its “best ever” production for a second quarter, producing 52 540 oz in the three months ended June. This brought the company’s half-year production to 123 267 oz, spurred by its mill throughput surpassing one-million tons for only a third time in the company’s history. Teranga also reported all-in sustaining costs of $968/oz , including all development capital and total cash costs of $619/oz .
  • ASX: Press Release - Technical Report 2016-03-24
  • Teranga Gold Outperforms 2015 Cost Guidance 2016-01-29

    Production Shortfall Deferred to 2016

    Replaces Reserves and Significantly Improves Life of Mine Cash Flows

Related News

  • Court approves Teranga takeover of Gryphon 2016-09-29
    Takeover target Gryphon Minerals has gone into a trading halt after the Federal Court of Australia approved a takeover offer from dual-listed Teranga Gold Corporation. Teranga in June made a play for Gryphon, offering Gryphon shareholders 0.169 common shares of Teranga, or 0.169 Teranga shares in the form of ASX-listed CHESS depository interests for each Gryphon share held.
  • Gryphon Shareholders Vote Overwhelmingly in Favour of Teranga Gold's Acquisition of Gryphon 2016-09-23

    TORONTO, ONTARIO and OUAGADOUGOU, BURKINA FASO--(Marketwired - Sept. 23, 2016) - Teranga Gold Corporation ("Teranga" or the "Company") (TSX:TGZ)(ASX:TGZ) is pleased to announce that shareholders of Gryphon Minerals Limited ("Gryphon") voted overwhelmingly in favour of the Company's proposed acquisition of Gryphon to be effected by a scheme of arrangement ("Scheme").

  • ASX: Gryphon Shareholders Approve Scheme 2016-09-22
  • Teranga Gold One Step Closer to Acquisition of Gryphon Minerals 2016-08-17

    Court of Australia approves the release of the Scheme Booklet and orders the convening of the Scheme Meeting

  • Teranga Gold sets new production record 2016-07-29
    Dual-listed Teranga Gold has recorded its “best ever” production for a second quarter, producing 52 540 oz in the three months ended June. This brought the company’s half-year production to 123 267 oz, spurred by its mill throughput surpassing one-million tons for only a third time in the company’s history. Teranga also reported all-in sustaining costs of $968/oz , including all development capital and total cash costs of $619/oz .

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