Currently viewing Global edition

Kobada exceeds 1Moz in updated DFS

Toronto-listed African Gold Group has boosted reserves at its Kobada gold project in Mali above the magic 1Moz figure in a DFS released this week which also shows improved economics despite a spike in costs.

Kobada exceeds 1Moz in updated DFS Kobada exceeds 1Moz in updated DFS Kobada exceeds 1Moz in updated DFS Kobada exceeds 1Moz in updated DFS Kobada exceeds 1Moz in updated DFS

African Gold Group's Kobada project in Mali

The new DFS outlines a 3Mtpa operation producing 1.2Moz of gold over a 16-year mine life, compared to total production of 728,654oz over 9.