Precious Metals
West African maintains full-year production guidance for Sanbrado, Kiaka
The Kiaka project, also in Burkina Faso, achieved its first gold pour in June. Openpit mining at Kiaka ramped up as planned, with production now achieving targeted material movements.
The project is expected to produce about 234 000 oz/y of gold over the next 20 years, with reporting of this mine's production figures to start from the third quarter.
“This has been a transformative quarter for West African with our large, long-life, low-cost Kiaka gold project now operational alongside our Sanbrado gold operation, which continued its strong reliable performance in the second quarter with gold production of 45 611 oz," comments West African chairperson and CEO Richard Hyde.
Gold sales for Sanbrado for the second quarter was 49 840 oz at an average price of $3 282/oz.
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