2020 Operations

Commercial production began on September 1, 2018 at the Boungou Mine in eastern Burkina Faso. In the first full year of operations in 2019, the mine delivered a good year with a total of 205,000 ounces produced at an AISC of $497 per ounce over a ten-month period. 

The Mana Mine is also 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 2019, Mana gold production totalled 135,700 ounces, in line with guidance. 

2020 production at Mana is expected to be sourced from Siou underground and from the Siou and Wona open pits.

2020 Outlook

Mana Boungou
Gold production (‘000 oz) 185-205 42-46 88-104 130-150 315-355
All-in sustaining cost1 ($/oz) 1,050-1,120 530-560 745-795 680-725 895-960

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