Asset Report

Gramalote gold mine project

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19 May 2021

Gramalote gold mine project

Report summary

Gramalote is a joint venture between AngloGold Ashanti and B2Gold, where B2Gold is the project operator. Gramalote will be operated as a large-scale high-tonnage open pit mine, with annual ore throughput of 11 Mt/a. On depletion of oxide ore in year 9, up to 15 Mt/a of sulphide ore will be processed. A total of 4.08oz Au is expected to be processed over a 14 year mine life. A preliminary economic assessment update was completed at Gramalote in January 2020, maiden ore reserves (125Mt @0.86g/t containing 3.5Moz Au) have not been altered. The project continues to advance towards a final feasibility study.

Table of contents

  • Summary
  • Key Issues
  • Mining
  • Process

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  • Detailed map

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