Mining

Côte d’Ivoire : Randgold seeking new resources and reserves to extend lifespan of its Tongon mine

Tuesday, 25 July 2017 14:38

Randgold Resources still works to achieve its goals to extend the lifespan of its Tongon mine ine Ivory Coast.

During a press conference held last Saturday, the firm’s CEO, Mark Bristow (photo), declared that the mine is on the right track to achieve forecast output of 285,000 ounces, adding that the company is focusing on exploration to secure new reserves and resources. Actually, the various exploration programmes carried out to this end helped identify a significant mineralization target at Boundiali, in the Fonondara corridor.

The company has just completed its yearly review of its exploration targets . . . [which also] highlighted very positive results from its other holdings in the country, underlining again Côte d’Ivoire’s exceptional prospectivity,” Bristow said.

Randgold holds in Ivory Coast the Nielle license which it obtained in 1996 and which hosts the Tongon project.

Louis-Nino Kansoun

On the same topic
AJN Resources moves deeper into African gold with deal for 55% of DRC’s Giro project Acquisition adds Kebigada and Douze Match deposits as gold...
Galp and TotalEnergies strike asset-swap deal giving TotalEnergies control of Namibia’s Mopane find Galp gains stakes in Venus and PEL 91 as firms...
Aterian signs a binding agreement with France’s Lithosquare to deploy AI-driven exploration in Morocco and Botswana under a €1.4 million...
Xinhai plans a A$8 million investment plus technical support for Dokwe’s development Partnership would cover sampling, metallurgy work, and the...
Most Read
01

Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...

Omer-Decugis & Cie Expands Mango Operations in West Africa
02

Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...

AfDB Re-engages Eritrea With Strategy Focused on Infrastructure, Climate Resilience and Regional Integration
03

Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...

Malawi: New $100M Cement Plant Targets Forex Crisis but Faces Energy Reality
04

Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...

Nigeria Pursues Boeing, Cranfield Partnership to Establish Aircraft Maintenance Center
05

BCEAO keeps key lending rate at 3.25% and marginal rate at 5.25%. UEMOA growth reaches 6.6%...

WAEMU Bloc Holds Rates Steady as Growth Hits 6.6%
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.