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Massawa Data

Massawa Information

  • General 2015-05-10
    The Massawa gold project is located within the Kounemba permit in eastern Senegal which geologically lies within the 150 kilometre long Mako greenstone belt. The Mako greenstone belt comprises mafic-ultramafic and felsic volcanic rocks intruded by granitoids. A regional crustal scale shear zone, the Main Transcurrent Shear Zone (MTZ) with a northeast-southwest trend, exploits the lithological contact between the Mako and the Dialé-Daléma supergroups and is the host structure to mineralisation at Massawa. Randgold controls the groundholding over more than 50% of the strike extent of this very prospective belt.

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.
  • 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: Technical Report NI 43-101 2016-03-24
  • 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

Massawa News

  • Sofia, Senegal: 16m grading 12.33g/t Au from 8m (SFRC073) 2016-08-04

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)

  • Sofia, Senegal: 16m grading 12.33g/t Au from 8m (SFRC073) 2016-08-04
  • Randgold profit down on Tongon mill breakdown, lower Kibali output 2016-08-04
    Prolonged mill downtime at Tongon and the Kibali plant’s continuing transition to a mixed-ore feed negatively impacted the production and costs of London-listed Randgold Resources in the three months to June 30. One of Tongon’s two milling circuits lost 46 days after a breakdown and Kibali’s production was 4% down quarter-on-quarter at 281 494 oz.
  • Randgold Resources - Successful and Sustainable Mining Industry Key to Building Mali's Economy 2016-07-27

    JERSEY, CHANNEL ISLANDS--(Marketwired - Jul 27, 2016) - Clarification of the convention under which Randgold Resources (LSE: RRS) (NASDAQ: GOLD) mines in Mali has enabled the company to commit to further investment in the country, chief executive Mark Bristow said here today.

  • Randgold lowers Côte d'Ivoire output forecast on power cuts 2016-07-25
    Randgold Resources' Tongon mine in Côte d'Ivoire will have a slightly lower gold output this year than previously expected mainly owing to an erratic power supply, Chief Executive Mark Bristow told reporters late on Saturday. The mine, one of five operated by the London-listed company in three African countries, is on track to produce 260 000 oz of gold this year, up from 242 948 oz in 2015, Bristow said.

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