KARMA MINE
Karma Mine
BURKINA FASO
1.9 MOZ
M&I RESOURCES
0.2 MOZ
P&P RESERVES
80-90 KOZ
PRODUCTION 2021 TARGET
$1,220-1,300 /OZ
AISC 2021 TARGET
Select
The Karma mine is a low-grade heap leach operation and consists of several gold deposits which are shallow, open pittable with little blasting required and a low strip ratio. In 2017, an optimization project was completed to lift the stacking capacity.
KEY FACTS
Ownership:
90% EDV, 10% Government of Burkina Faso
Production start date:
2016
Mining Method:
Open Pit/Contractor Mining
Processing Technology:
Heap Leach
Expected mine life:
2-3 years
Workforce:
Approximately 1,559