7 Jul, 2023

Barrick extends life of Tongon gold mine in Côte d'Ivoire

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By Fabian Diego Miguel III de la Paz


Barrick Gold Corp. said July 5 that it has extended the life of the Tongon gold mine in Côte d'Ivoire following successful exploration campaigns.

The mine, which poured first gold in 2010, was originally scheduled to close in 2020.

"Exploration has further delivered the Seydou North, Tongon West and Djinni satellite targets adding to the life of [the] mine," said Hilaire Diarra, a general manager for Barrick Gold, at a media briefing.

Tongon is now expected to continue operating to at least 2030, with the mine's output expected to go over 200,000 ounces of gold in 2023 and continue to rise gradually until at least 2026, Diarra told Reuters in an interview.

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