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Overview

Mining at Tongon began in April 2010 and gold production from the open pit operation started in December 2010.

The Tongon mine comprises two open pit operations, the Southern and Northern Zones. The mine currently has a seven year Life of Mine but exploration, aimed at adding to the current reserves and extending the life of the mine, continues.

The Tongon mine is located within the Nielle exploration permit in the north of Côte d’lvoire, 55km south of the border with Mali. Randgold owns 89% of the mine, the State of Côte d’lvoire 10% and 1% is held by a local company.

Achieved in 2016

  • 7% increase in gold production to 260 556oz
  • 8% reduction in total cash costs to $771/oz
  • 1% increase in gold recovery to 83.7% year on year and 84.7% in Q4
  • 9% increase in feed grade to 2.5g/t
  • Completed and commissioned 4th stage crushing circuit and relocated dewatering circuit
  • OHSAS 18001 and ISO 14001 certifications maintained
  • Malaria incident rate decreased by 21% year on year
  • LTIFR down 74% year on year
  • Paid first dividend to shareholders
  • Continued localisation of workforce to over 97% Ivorian
  • Continued investment in the development of educational programmes, community health and agricultural projects, designed to provide post mining employment
  • Focused on the installation and start-up of revenue generation community projects

Targeted in 2017

  • Produce 285 000koz of gold
  • Continued reduction of the total cash cost/oz of production
  • Optimise the full crushing circuit
  • Optimise the rougher flotation operation to improve recovery
  • Install a 4th flotation rougher cell to increase recovery
  • Upgrade the oxygen plant capacity by 20 tonnes
  • Rebuild the tertiary crushers by installing new top and bottom shell components
  • Complete the power supply
  • Busbar reconfiguration and capacitator installation to improve power supply stability
  • Maintain OHSAS 18001 and ISO 14001 certification
  • Maintain and improve community relations, communication and social development
  • Continue with the localisation of workforce and upgrading of skills base

Tongon Gold Mine Key 2016 Results