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4

MODERN MINING

April 2017

MINING News

The Bouly gold mine of Nordgold in

Burkina Faso is reportedly operating

very successfully. The heap leach opera-

tion, which represents an expansion of

Nordgold’s existing Bissa mine, was com-

pleted on schedule and under budget in

the second half of last year. After com-

ing on line in September, it reached its

full capacity in November. It produced

31,4 koz in 2016, ahead of 2016 production

guidance of 20 koz.

In Nordgold’s financial and operating

results for Q4 and FY2016, Chief Executive

Nikolai Zelenski says that a highlight of

the year was the successful launch of

Bouly, which “once again demonstrates

our strong track record in developing

outstanding mining assets from the

ground up, following the success of our

flagship Bissa mine in 2013.” He adds that

Bouly has “delivered well ahead of our

expectations”.

Built in 13 months, Bouly represents an

investment of US$140 million by Nordgold

and – according to the feasibility study

– will produce approximately 110 000

ounces of gold a year over a life of mine of

10 years at an AISC of US$730 per ounce. It

is located 100 km north of Ouagadougou,

the capital of Burkina Faso.

The combined Bissa-Bouly operations

produced 213,9 koz in 2016 and 78,5 koz

in Q4 2016. The standalone Bissa mine pro-

duced 185,8 koz in 2016, down 21 % year

on year due to lower ore mined volumes

and head grade mainly related to higher

waste stripping activities performed in

order to facilitate pits cutbacks for higher

grade ore supply in 2017. The mine

increased gold production in Q4 2016

by 14 % quarter on quarter to 53,0 koz,

with this increase being driven by higher

throughput and grade.

According to Nordgold, in 2017 Bissa

will benefit from 2016 investments in the

pit cutback programme which will enable

ore supply from pits to match annual plant

capacity. Ore will be mined from the South

West, IO, Zone 51, Zone 52 and Gougre pits

with a planned average stripping ratio of

8,0 t/t. The average head grade is expected

to be 1,7 g/t, while increasing hardness of

The new Bouly mine in Burkina Faso produced 31,4 koz in 2016, after being commissioned in September (photo: Nordgold).

New Bouly gold mine delivers ahead of expectation

ores from the deepening of pits will result

in slightly lower total throughput of 3,9 Mt

over the year. The seventh leach tank com-

missioned in October 2016 will increase

residence time and help to maintain recov-

eries at approximately 87 % in 2017 while

processing lower recovery harder ores.

The mine will be focused on mining

efficiency and productivity in 2017 as pits

increase in depth and more fresh rock is

mined.

In 2016, Bissa continued near mine

exploration with a focus on resources

conversion, reserve replacement and

extensions of current pits, and defini-

tion of satellite pits. Exploration teams

completed drilling programmes at satel-

lite deposits Yimiougou and Noungou,

encountering additional mineralisa-

tion that will be included in the annual

resource update.

Mining licence applications for the Bissa

satellite pits Ronguen and Zinigma are pro-

gressing through the regulatory process.

Contracts were awarded for feasibility and

environmental studies for the Yimiougou