International news within the industry of mining and metal, Jul, 23 2018
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Canadian gold miner secures $165M for West African mine

Photo: Teranga Gold
Photo: Teranga Gold
Published by
Jaroslaw Adamowski - 16 Mar 2018

Investment in Africa Canadian miner Teranga Gold has secured $165 million in funding from Taurus Funds Management to launch gold production at its second mine. The Waghnion gold project is lo-cated in Burkina Faso.

"We are very pleased to be partnering with Taurus to deliver on our vision of becoming the next multi-asset mid-tier gold producer in West Africa,” Richard Young, the president and CEO of Teranga Gold, was quoted in a statement.

The Wahgnion mine is expected to increase the company’s annual gold production by 50% to between 300,000 and 350,000 oz following first pour, which is anticipated by the end of 2019, according to Ter-anga Gold.

Keliber geologists on the run in Finnish forests. The first indications of spodumene, a mineral rich in lithium, in the bedrock of Kaustinen were discovered in the village of Nikula in 1959. Since then, the area has been explored in a number of stages spanning the past decades. Today, the lithium spodumene deposits of Central Ostrobothnia are one of the most important reserves in Europe. Photo: Keliber
Keliber geologists on the run in Finnish forests. The first indications of spodumene, a mineral rich in lithium, in the bedrock of Kaustinen were discovered in the village of Nikula in 1959. Since then, the area has been explored in a number of stages spanning the past decades. Today, the lithium spodumene deposits of Central Ostrobothnia are one of the most important reserves in Europe. Photo: Keliber

Kelibers environmental impact assessment answered by the NTM Center

"Harmful substances in the slate"

On January 18 this year, the mining company Keliber sent an MKB description to the Finnish NTM...