Project overview
About this development
The results of a mineral resource estimate and a preliminary economic assessment (PEA) on the Kalana gold deposit have indicated the potential for a new mine at Kalana in Mali, North Africa. The mineral resource estimate demonstrates a viable project. The PEA proposes an operation with a mine life of 14 years, recovering 1.46 million ounces with gold production averaging 138 000 oz/y gold for the first four years and 98 000 oz/y gold over the remaining life-of-mine. Total capital expenditure is estimated at $188 million. The exact co-ordinates are currently not available however the approximate area of location is lat: 10.7873458; long: -8.193961.
Project at a glance
Kalana Gold Project, Mali is located in Mali. The project is classified in the Private sector. Its current recorded stage is Postponed. The recorded project value is R 200 Million+.