PRECIOUS METALS

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.

African Gold Group's Kobada project in Mali

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 9.4 years as detailed in the previous study, released in July 2020....

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