West African-focused developer Tietto Minerals expects to begin site works in late 2021, leading to gold production in the Dec 2022 qtr, after its DFS demonstrated robust economics for its 90%-owned Abujar project in Cote d'Ivoire.
The study outlines 260,000oz production at AISC of $651/oz in the first year of the $US200M preproduction capital openpit project averaging out to 155,000ozpa at $832/oz over a total mine and processing life of 11 years from ore reserves of 1.45Moz.
LATE 2022 PRODUCTION START AT ABUJAR GOLD PROJECT - |