Roxgold Inc. is a gold producer, developer and explorer active in Burkina Faso and Côte d’Ivoire
Roxgold Inc. (“Roxgold”) is a gold producer, developer and explorer active in Burkina Faso and Côte d’Ivoire. Roxgold’s flagship Yaramoko operation in Burkina Faso consists of two high-grade underground gold mines, the first of which achieved commercial production in 2016. The second mine, Bagassi South, was self-funded from operating cash flow and completed under-budget and on-time, entering commercial production in September 2019. Roxgold achieved record annual production in 2019 of 142koz and expects to produce between 120-130koz in 2020, with an anticipated mine life of 5+ years based on Reserves1.
The Company maintains an active focus on near-mine and regional exploration opportunities across its prospective landholding in the Houndé Greenstone belt and, following the acquisition of the Séguéla Project in early 2019, has a highly attractive organic growth pipeline in Côte d’Ivoire. Roxgold has undertaken a successful exploration campaign at Séguéla and is targeting the delivery of a PEA on an open pit project by mid-2020 as well as further defining the regional upside across its entire 3,000km2+ land position.
Appian has supported and worked with Roxgold since the Preliminary Economic Assessment study phase at Yaramoko.
For more information about Roxgold, please click here.
Ownership structure: Public
|Asset||Location||Commodity||Stage||Mining Method||M&I Resource||Inferred Resource||Annual Production|
|Yaramoko2,3||Burkina Faso||Gold||Operating||Underground||2.0Mt @ 12.6g/t Au for 809koz Au||0.5Mt @ 12.4g/t Au for 191koz Au||120-130koz Au|
|Séguéla2,4||Côte d’Ivoire||Gold||Advanced Exploration||Open Pit||6.5Mt @ 2.4g/t for 496koz Au||0.4Mt @ 2.4g/t Au for 34koz Au||n/a|
- Per December 2018 NI 43-101 Mineral Reserves
- Per March 2019 NI 43-101 technical report
- Includes Bagassi South
- Per Roxgold December 2019 corporate presentation