2019 Operations

Commercial production was declared at the Boungou Mine in Burkina Faso on September 1, 2018. In its first four months of commercial production, Boungou produced 63,000 ounces of gold, meeting 2018 guidance of between 60-70,000 ounces of gold.

The Mana Mine is located in Burkina Faso, 260 kilometers southwest of the capital Ouagadougou. The third-largest mine in Burkina Faso, it has produced some 2.0 million ounces since its first gold pour in 2008. Since then, we have expanded the plant four times to a current processing rate of over 7,200 tonnes per day. In 2018, Mana gold production totalled 181,000 ounces, and was sourced from the Siou and Wona satellite deposits. 

The year-on-year increase in production in 2019 represents the impact of the first full year at Boungou.

2019 Revised Outlook

CONSOLIDATED Boungou Mana
Gold production (‘000 oz) 350-380 220-240 130-140
All-in sustaining cost1 ($/oz) 685-735 470 – 510 950-1,020

1 All-in sustaining cost is a non-IFRS financial performance measure with no standard definition under IFRS and represents the total cash cost, plus sustainable capital expenditures and stripping costs per ounce.

 

Wona Pit Wall Failure