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Siguiri Data

Siguiri Information

  • General 2015-05-10
    Siguiri, a multiple open-pit oxide gold mine, in the relatively remote district of Siguiri, around 850km northeast of the country's capital, Conakry. The area has significant potential for gold mining and has long been an area of traditional artisanal mining. The gold processing plant treats about 30,000t daily. AngloGold Ashanti holds an 85% interest in Siguiri, with the remaining interest held by the Government of Guinea.

Nearby Locations

Nearby Location News

  • Hummingbird Resources pours first concrete at Yanfolila 2016-10-20
    Civil contractor IMAGRI-SARL, which has worked for Randgold Resources, poured the concrete,
  • Hummingbird starts mine construction at Yanfolila 2016-10-11
    First concrete pouring is expected later in the month
  • Hummingbird starts mine construction at Yanfolila 2016-10-11
    First concrete pouring is expected later in the month
  • Avocet enters into JV with Moroccan mining group for Guinea project 2016-10-10
    LSE-listed Avocet Mining has entered into a conditional joint venture (JV) agreement for its Tri-K gold project in Guinea, that will see Moroccan mining group Managem eventually gain a majority interest in the project. Initially, Managem will pay Avocet $4-million for an minority interest in the Tri-K project, after which it will work its way to a 70% stake on completion of an agreed minimum $10-million work programme, conditional upon certain milestones.
  • Avocet enters into JV with Moroccan mining group for Guinea project 2016-10-10
    LSE-listed Avocet Mining has entered into a conditional joint venture (JV) agreement for its Tri-K gold project in Guinea, that will see Moroccan mining group Managem eventually gain a majority interest in the project. Initially, Managem will pay Avocet $4-million for an minority interest in the Tri-K project, after which it will work its way to a 70% stake on completion of an agreed minimum $10-million work programme, conditional upon certain milestones.

Siguiri News

  • AngloGold to invest over $400m in Guinea gold production 2016-06-30
    South Africa-based gold producer AngloGold Ashanti plans to boost gold output in Guinea by investing over $400-million in the next eight years, according to an agreement reached this week with the West African country. Guinea is a significant producer of bauxite and iron ore and is also seeking to expand its gold production. This latest deal with AngloGold extends another agreement that had been set to expire in 2019.

Related News

  • Randgold Resources: Kibali Delivers Progress Despite Challenges 2016-10-18

    JERSEY, CHANNEL ISLANDS--(Marketwired - Oct 18, 2016) -  Randgold Resources (LSE: RRS) (NASDAQ: GOLD)

  • AngloGold joins Saracen in Carosue Dam North gold search 2016-10-17
    Dual-listed gold miner Anglogold Ashanti could spend as much as A$25-million to gain a 70% interest in gold exploration tenements located west of its Sunrise Dam gold mine, in Western Australia. The Butcher Well and Lake Carey tenements form part of smaller rival Saracen Mineral Holdings’ Carosue Dam North project area and cover 339.5 km2.
  • ASX: Farm-in and Joint Venture Agreement with AngloGold 2016-10-16
  • Illegal miners in Ghana ignore deadline to quit AngloGold mine 2016-10-14
    Illegal miners operating at AngloGold Ashanti's Obuasi mine in Ghana have ignored a government deadline to leave, delaying company plans to restart production. Up to 5 000 miners were still working at Obuasi in the Ashanti region on Friday, four days after a deadline for them to leave, said Benjamin Annan, spokesperson for the Association of Small Scale Miners. He said relocation plans that would enable them to move were yet to be finalised.
  • Cash costs plunge below $700/oz at AngloGold’s Mponeng mine 2016-09-23
    Mponeng gold mine, near Carletonville, in the North West, currently the world’s deepest mine, was one of the lowest-cost producers in South Africa during the first half of 2016, states South African gold mining major AngloGold Ashanti in its earnings report for the six months ended June 30, released in mid-August. The gold miner highlights that, for the first half of the year, its South African flagship operation, which is undergoing a six-phase expansion project, achieved a cash cost of $692/oz, which reflected a 25% year-on-year improvement.

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