Project overview
About this development
The Karma Gold Project is located in Burkina Faso and consists of five closely spaced deposits which remained open in multiple directions. The mine would produce an average of 97,000 ounces of gold over 8.5 years. The Feasibility Study, completed in December 2013, supports a technically simple, open-pit heap leach operation that offers low capital and operating costs, rapid payback and strong financial performance at US$1,250/oz gold.The project requires an initial capital of $131.5 million.
Project at a glance
Karma Gold Project, Burkina Faso is located in Burkina Faso. The project is classified in the Private sector. Its current recorded stage is Complete. The recorded project value is R 200 Million+.