Randgold Resources announced yesterday June 11, it will soon complete the feasibility study on its Massawa gold project in Senegal and make a development decision by the end of this year.
Speaking during an inspection visit, CEO Mark Bristow (photo) indicated that the latest test work showed that 75% of the mine's ore reserves could be processed by the simple and inexpensive leach method, “overcoming the obstacle initially presented by the project’s complex metallurgy”.
The remaining 25% should be produced at the end of the mine’s life, either through the "BIOX process" or sold as concentrate to a specialized processing plant. “Continuing exploration was focused on expanding Massawa reserve, and while it is still short of Randgold’s 3Moz minimum requirement, the project’s other metrics are positive” said Joel Holliday, Exploration General Manager
Let’s note that a government commission has been appointed to oversee the project’s licensing and development protocols, and a public consultation process will begin next month. An environmental and social impact assessment should be submitted next July. The company also operates in Côte d'Ivoire, Mali and DR Congo.
Louis-Nino Kansoun
DRC met Alibaba, Isoftstone to discuss adapting China’s e-commerce model Joint working group ...
The new unified platform replaces the NIBSS Instant Payments system. It connects banks, finte...
DRC minister visited Huawei China center to boost AI training cooperation Talks focused on launch...
Ghana to allocate $2.8B in 2026 budget for major road infrastructure push Funding targ...
Somalia and Algeria signed multiple agreements covering education, agriculture, energy, diplomacy,...
As African governments confront declining donor funding and a persistent learning crisis, the Gates Foundation has made foundational learning its top...
Review finds most online outlets operate illegally under current framework New Media Code aims to boost standards, licensing rules, and accountability...
Company targets 40-45% of overseas revenue from Africa by 2030 Projects span hydropower, solar, and gas; new sites planned across continent...
Cassava and Rockefeller Foundation partner to boost AI adoption in Africa Local high-performance computing access extended to eight African...
Orange Egypt and Qatar’s Qilaa International Group have partnered to develop WTOUR, a digital platform offering trip planning, hotel bookings, local...
Singita will invest $60m to build a 60-bed lodge on Santa Carolina Island and $42m in projects across the Bazaruto Archipelago. The...