· Ecofin Agency Robex Resources has acquired its second gold mine in West Africa the Kiniero mine in Guinea The Canadian firm aims to start production at Kiniero by late 2025 Its first mine is the Nampala mine in Mali Guinea s Kiniero gold mine should deliver million ounces 34 tonnes over the next nine years
·The historical Kiniero gold mine comprised an open pit mining operation that produced 418 000 ounces of gold during its 12 year operational history The mine was placed on care and maintenance in early 2014 Given the strong exploration potential a combination of near plant brownfields infill and known extension as well as greenfield large
·Cyprus based investment firm Sycamore Mining on Tuesday signed a pact with Guinea s government to redevelop the Kiniero gold mine in the country s east the minerals minister said
·Sycamore Mining made its dbut on the Guinean mining scene this month after taking over the Kiniero gold mine that the Conakry government has been trying to get back on its feet since 2014 The newcomer may not have many projects to its name it does have an extensive network of expertise and contacts to draw on Planning ahead
·Highlights First gold pour is on track for Q4 2025 key long lead items procured; Project Development team appointed led by Chief Development Officer Dimitrios Felekis
·The historical Kiniero gold mine comprised an open pit mining operation that produced 418 000 ounces of gold during its 12year operational history The mine was placed on care and maintenance in early 2014 Given the strong exploration potential a combination of near plant brownfields infill and known extension as well as greenfield large
·The project proposes restarting Kiniero as a long life operation based on the construction of a new three million tonne a year process Kiniero mine will produce 712 000 oz over a
· the S&P consensus long term gold price at end of October 2024 ranging between US$2431/oz and US$2 320/oz As shown in Figure 1 below the Study demonstrates Kiniero s ability to deliver an
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