SABODALA MASSAWA MINE

Sabodala-Massawa Mine

SENEGAL

6.6 Moz

M&I RESOURCES

4.8 MOZ

P&P RESERVES

310-330 KOZ

PRODUCTION 2021 TARGET

$690-740 /OZ

AISC 2021 TARGET

Select

Sabodala-Massawa is the largest producing gold mine in Senegal, West Africa. Since 2009, Sabodala has produced more than 2.6Moz of gold.

In March 2020, Sabodala acquired the Massawa gold project, the largest undeveloped open-pit project in Africa to create the Sabodala-Masswa complex. Massawa is located within trucking distance of Sabodala, creating the opportunity for significant capital and operating synergies. Sabodala is currently integrating the high-grade Massawa gold project, transforming Sabodala into a top-tier gold asset with low costs, long-life reserves, and strong cash flows

KEY FACTS

Ownership:

90% EDV, 10% Government of Senegal

Production start date:

2009

Mining Method:

Open Pit/Owner Mining Processing

Processing Technology:

CIL Plant

Expected mine life:

16.5-years

Workforce:

~1,620