Precious Metals
Posted By OrePulse
Published: 08 Nov, 2024 08:33
Toubani Resources unveils strong DFS for Kobada Project in Mali
Toubani Resources (ASX:TRE) Managing Director Phil Russo discusses the recently released Definitive Feasibility Study (DFS) for the Kobada Gold Project in Mali.
Russo shares the highlights, including a projected annual production of 162,000 ounces at an all-in sustaining cost (AISC) of only $1,000 per ounce, thanks to Kobada’s unique technical characteristics and soft rock oxide ore.
🔑 Key topics discussed:
- Robust DFS results with a 1.56 million-ounce reserve and 9-year mine life.
- Low capex and high capital efficiency, with a $216 million project cost.
- Opportunities to expand and optimise as drilling restarts in 2025.
- The company’s vision to transform Kobada into a significant West African gold mine.
Related Articles
Investigation uncovers fraudulent identity documen...
10 Sep, 2024 08:08
The Top Five Gold-Producing Countries in Africa in...
10 Sep, 2024 08:46
AngloGold notes ‘enormous geological potential’ in...
10 Sep, 2024 09:29
Awalé Resources expands BBM gold zone at Odienné p...
10 Sep, 2024 11:38
Proposed amendment: Gold mines to be subject to th...
10 Sep, 2024 12:39
Pan African Resources Annual Result Improves; Expe...
12 Sep, 2024 07:42
African countries are joining the sovereign gold-b...
12 Sep, 2024 08:07
Platinum Group Metals Ltd. Announces Positive Inde...
16 Sep, 2024 09:11
At least 20 likely dead in violence near Papua New...
16 Sep, 2024 10:37
Theta changes funding strategy for South Africa pr...
16 Sep, 2024 11:48Trending News
Base Metals
First Quantum posts Q1 loss, increases full-year copper guidance...
29 Apr, 2026 12:53
68 min read
Base Metals
Shukra appoints drilling contractor, starts exploration programme at Kabwe...
29 Apr, 2026 12:47
73 min read
Energy Other
Europe wants Africa’s gas. Africa is being told not to use it....
29 Apr, 2026 10:52
69 min read
Mining Other
Egypt to launch first aerial mineral survey in 40 years...
29 Apr, 2026 09:50
68 min read