• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Gold Market
    Gold News
    Gold Stocks
    • Gold Market
    • Gold News
    • Gold Stocks
    market news

    Roxgold Releases PEA for Séguéla Gold Project in Côte d’Ivoire

    Charlotte McLeod
    Apr. 14, 2020 11:46PM PST
    Gold Investing

    West Africa-focused Roxgold released a preliminary economic assessment for its Séguéla gold project in Côte d’Ivoire. 

    West Africa-focused gold producer Roxgold (TSX:ROXG,OTCQX:ROGFF) released a preliminary economic assessment (PEA) for its Séguéla gold project in Côte d’Ivoire.

    As quoted in the press release:

    The PEA provides a base case assessment of developing the Antenna, Ancien, Agouti and Boulder deposits as open pit mines feeding a central gold processing facility. Roxgold expects to continue its evaluation of Séguéla with the intent of growing the resource base and advancing to the feasibility stage.

    Highlights are as follows:

    Production

    • Life of Mine (“LOM”) gold production of 841,000 ounces with average annual gold production of 103,000 ounces
    • Average annual gold production of 143,000 ounces over the first three years of production, with an estimated production peak of 154,000 ounces in year three

    Costs

    • Average cash costs1 of $605 per ounce over the LOM, including a cash cost of $475 per ounce over the first three years of production
    • Average All-In Sustaining Costs (“AISC”)1 of $749 per ounce over the LOM, including an AISC of $600 per ounce over the first three years of production

    Development Capital

    • Estimated pre-production capital cost of $142 million (including a $20 million contingency)
    • Conventional processing plant with a processing rate of 1.25 million tonnes per year with scalability incorporated into plant design for potential expansion

    Click here for the full Roxgold (TSX:ROXG,OTCQX:ROGFF) press release.

    séguélamarket newstsx:roxgcôte d’ivoireotc:rogffwest africa
    The Conversation (0)

    Go Deeper

    AI Powered
    Gold nuggets on dark ground.

    Top 5 Junior Gold Mining Stocks on the TSXV in 2025

    Metal letterpress sign that says Top 50.

    6 Mining Companies Make Top 20 on 2025 OTCQX Best 50 List

    Latest News

    Harvest Gold Announces Mosseau Drill Program Update; Urban Barry Regional Till Program Completed

    Earthwise Advertising & Investor Awareness Campaign

    Kobo Resources to Recommence 2025 Drill Program at the Kossou Gold Project; Appoints Industry Veteran to Support Technical and Regional Growth Strategy

    Angkor Advances Exploration Independently On Andong Bor License, Cambodia

    NevGold Announces Entry Into Standstill With GoldMining

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×