Edikan Gold Mine

("EGM", formerly Central Ashanti Gold Project, Ayanfuri)
 

Highlights: 

  • 480km² of tenements centred on the Ashanti Gold Belt, 25km-65km from the 60-million-ounce Obuasi gold deposit

  • 5.011Moz of Measured and Indicated resources, 899,000oz Inferred resources and 2.078Moz of Reserves1

  • EGM first produced gold in August 2011 and achieved commercial production on 1 January 2012

  • Mining and producing approximately 200,000 ounces of gold per year since 2012 from the Abnabna and Fobinso open pits, now extended to the eastern Fetish and Chirawewa pits

  • Gold production to average 214,000ozpa over Edikan’s remaining 6.5-year mine life (from 1 July 2017) including production of approximately 240,000 ounces/annum for the next 5 years. For detailed information, see the updated Life of Mine Plan for Edikan (released Feb 2017)

  • Exploration across adjoining licence areas has discovered a soil anomaly which will be followed up.

To learn more about the Edikan Gold Mine, view our latest presentation.

 

 

Notes:
1. Allows for mining depletion up to 31 December 2016.

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