Asset Report
Bibiani Gold Mine Project
Report summary
The Bibiani Gold Mine is situated in the western region of Ghana in West Africa. It is bordered by Burkina Faso to the north, the Ivory Coast to the west and Togo to the east. The mine is wholly owned by Resolute. The Government of Ghana is entitled to a 10% dividend following the commencement of production. Since assuming ownership in 2014, Resolute has tried to re-assess the underground mine potential and in June 2018 released an update to its June 2016 feasibility study. This update demonstrated the potential for Bibiani to produce ~100,000oz per annum at a LOM AISC of US$764/oz over a 10-year mine life. In December 2019, Resolute initiated a strategic review to evaluate options for the mine. The strategic review is designed to review Resolute's plans to recommission the mine, assess capital requirements and evaluating funding alternatives and interest by some third parties to acquire the asset. The strategic review is ongoing.
Table of contents
- Summary
- Key Issues
- Mining
- Processing
- Access
- Power & Water
- Capex
- Operating Cost
Tables and charts
This report includes 1 images and tables including:
- Detailed map
What's included
This report contains:
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