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
Dakar airport Q1 passengers rise 2.45% to 735,370 Traffic boosted by AFCON; January busiest month Flights fall 4%, freight up 21.4% Senegal’s...
TGS launches 19,500 km² offshore seismic project with Petroci Authorities use advanced imaging to improve subsurface analysis without new...
Mahindra & Mahindra is considering a CKD assembly plant near Durban to strengthen its presence in South Africa. South Africa’s auto market grew...
BP has obtained a new hydrocarbon exploration permit in eastern Algeria, marking its return less than five years after exiting the country. The...
Most Read
01

(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...

EBID makes giant strides for a green transition in west africa
02

Four major operators—Mauritel, Mattel, Rimatel, and Chinguitel—submitted a combined bid of ...

Mauritanian Telecom Operators Submit $27 Million Combined Bid for 5G Licenses
03

Operators review 2025 investments, outline 2026 expansion plans Consumer complaints persist...

Cameroon Presses Telecom Operators on Service Quality as Complaints Rise
04

Algeria launches bid for two NGSO satellite telecom licenses Move aims to expand broadband ac...

Algeria Opens Satellite Market to Competition, Inviting Global Operators
05

Gabon's 7% 2031 Eurobond posted its biggest single-day drop in a year on Wednesday after a new I...

Gabon Eurobond Due 2031 Posts Biggest Drop in a Year on IMF Budget Warning
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.