TONGON JV
The Tongon gold mine is located within the Nielle mining permit, 628 kilometers north of the Côte d’lvoire port city of Abidjan, and 55 kilometers south of the border with Mali. The Tongon gold mine and associated mining permit is owned by Société des Mines de Tongon SA (Tongon), in which Barrick has an 89.7% interest, the State of Côte d’lvoire 10%, and 0.3% is held by Ivorian investors.
Location
News
Exploration Successes Point to Longer Life for Tongon
JULY 10, 2021/12:30 PM ET
FEBRUARY 4, 2021/11:00 AM ET
Downloads
Tongon Q4 2020 Media Day PDF/2.03 MB
PO Terms and Conditions (English) PDF/286 KB
PO Terms And Conditions (French) PDF/255 KB
2021 Outlook
Forecast
Production
180,000 - 200,000
Ounces
Forecast
Cost of Sales
$1,470 - $1,520
/Ounce
Forecast
Total Cash Costs
$1,000 - $1,050
/Ounce
Forecast
All-In Sustaining Costs
$1,140 - $1,190
/Ounce
2020 Performance
Gold Produced in 2020
255,000
Ounces
Cost of Sales
$1,334
/Ounce
Total Cash Costs
$747
/Ounce
All-In Sustaining Costs
$791
/Ounce
Reserves & Resources
Proven and Probable
Gold Reserves
570,000
Ounces
Measured and Indicated
Gold Resources
(Inclusive of Reserves)
790,000
Ounces
Inferred
Gold Resources
210,000
Ounces