Project overview
About this development
The project is located about 700km South East of the capital, Dakar in Senegal in Western Africa and contains more than three million ounces of gold. The mine is expected to have a six year life. Randgold intends to invest $300 million in the project. The Massawa gold project is located within the Kounemba permit in eastern Senegal which geologically lies within the 150 kilometre long Mako greenstone belt. The Mako greenstone belt comprises mafic-ultramafic and felsic volcanic rocks intruded by granitoids. A regional crustal scale shear zone, the Main Transcurrent Shear Zone (MTZ) with a northeast-southwest trend, exploits the lithological contact between the Mako and the Dialé-Daléma supergroups and is the host structure to mineralisation at Massawa. The exact co-ordinates are currently not available however the approximate area of location is lat: 13.167377; long: -12.1166241.
Project at a glance
Sabodala-Massawa Expansion Project, Senegal is located in Senegal. The project is classified in the Private sector. Its current recorded stage is Complete. The recorded project value is R 200 Million+.