Mining

Burkina Faso: B2Gold announces a positive estimate on Toega mine

Friday, 23 February 2018 16:40

On Feb. 22, B2Gold announced a positive initial estimate of the inferred mineral resource on Toega mine, its project in Burkina Faso.

According to the estimate, the mine contains 17, 530, 000 tons of inferred 2.01g/t gold. This equals 1.13 million oz. To make the estimates, the company compiled the results on 165 drills totaling 37,776 meters. 

During the drilling, the company intersected new mineralization zones with high-grade minerals. So, it is drilling again to determine the real size of the mineralization zone.

Let’s note that the triple-listed (TSX, NYSE, NSX) company also operates Kiaka project in Burkina Faso, Fekola project (Mali) and Otjikoto project (Namibia). 

On the same topic
Q4 output expected at about 60,000 ounces, up around 40% from earlier quarters Allied targets up to 205,000 ounces at Sadiola in...
Zimbabwe limits 10% gold royalty to prices above $5,000/oz from 2026 Caledonia says financial balance depends on gold staying below that...
Libreville announces a broad review of mining contracts and payments Audit aligns with talks toward a possible IMF financing program Move...
Chad requests technical and institutional support from Algeria Talks focused on skills transfer, with no investment deals announced Hydrocarbons...
Most Read
01

Fruitful partners with Elsewedy unit to launch processing project in Egypt New facility wil...

Egypt attracts Polish Fruitful investment in horticultural processing
02

In Africa, the transformation of food systems has become an urgent issue in the face of rapid popula...

AGRA’s Lilial Githinji “Leadership capacity remains the missing ingredient in Africa’s food systems transformation”
03

Airtel Africa signed a partnership with SpaceX to launch Starlink Direct-to-Cell satellite connect...

Airtel Africa Partners With SpaceX to Roll Out Starlink Direct-to-Cell
04

BOAD approves $35.7 million to upgrade Burkina Faso–Mali border road Project targets 130 km,...

Burkina Faso Secures BOAD’s $35.7 Million for Road to Mali
05

Fitch lowered Gabon’s sovereign rating to CCC- amid rising fiscal stress Payment arrears reac...

Fitch downgrades Gabon to CCC- as liquidity strains deepen
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.