https://www.miningweekly.com
Exploration|Gold|Mining|PROJECT|Underground|Infrastructure
Exploration|Gold|Mining|PROJECT|Underground|Infrastructure
exploration|gold|mining|project|underground|infrastructure

Resolute adds ounces to Tabakoroni

27th January 2021

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – An updated mineral resource estimate has confirmed the potential for a new underground mine at Tabakoroni, at the Syama gold project, in Mali.

ASX- and LSE-listed gold miner Resolute Mining on Wednesday reported that the Tabakoroni mineral resource has now been upgraded to 8.1-million tonnes, grading 4.9 g/t gold for some 1.26-million ounces of contained gold.

This was up from the maiden resource estimate of 850 000 oz of contained gold declared in 2019.

Resolute told shareholders that the mineralisation at Tabakoroni remained open along strike and at depth, with continued exploration expected to expand the mineral resource and further extend the mine life.

An updated life-of-mine feasibility study is currently being compiled using the expanded resource estimate.

A prefeasibility study completed last year estimated that the Tabakoroni underground mine could produce some 80 000 oz/y of gold at an all-in sustaining cost of $974/oz over an initial four-year mine life. The project was estimated to require a capital investment of $86-million, with total project capital spend estimated at $118-million.

The underground operation expected to use modified Syama oxide processing infrastructure and thus planned to commence following completion of Syama oxide operation.

Edited by Creamer Media Reporter

Comments

Showroom

GreaseMax
GreaseMax

GreaseMax is a chemically operated automatic lubricator.

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

PGMs and green hydrogen make headlines
PGMs and green hydrogen make headlines
19th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.245 0.283s - 108pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: