Senegal Gold Mine Produces First Ton

25 May 2009 (Last Updated May 25th, 2009 18:30)

Mineral Deposits's Sabodala Gold Mine in Senegal has completed production of its first ton, after starting operations in April. The $220m project is set to process material above the nominal mill capacity of two million tons per annum. The project is expected to produce 160,0

Mineral Deposits's Sabodala Gold Mine in Senegal has completed production of its first ton, after starting operations in April.

The $220m project is set to process material above the nominal mill capacity of two million tons per annum.

The project is expected to produce 160,000oz of gold in 2009 at a cash operating cost between $420 and $440 an ounce.

The Senegal Government has a 10% stake in Sabodala Gold Operations, which operates the mine.

By staff writer.