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Teranga to create top-tier Senegal gold complex via Massawa buy

West Africa-focused Teranga Gold has agreed to buy fellow Canadian gold producer Barrick Gold’s high-grade Massawa project in Senegal for US$380 million (C$500 million).

Teranga to create top-tier Senegal gold complex via Massawa buy Teranga to create top-tier Senegal gold complex via Massawa buy Teranga to create top-tier Senegal gold complex via Massawa buy Teranga to create top-tier Senegal gold complex via Massawa buy Teranga to create top-tier Senegal gold complex via Massawa buy

Teranga Gold has agreed to buy fellow Canadian gold producer Barrick Gold’s high-grade Massawa project in Senegal

Teranga is acquiring the non-core Barrick asset with a view to combining it with its neighbouring Sabodala mine to create what it calls a "top-tier complex" that will extend the Sabodola mine life