7 / 56
March 2017
MODERN MINING
5
MINING News
Teranga Gold Corporation, listed on
the TSX and ASX, has received the 2017
Environmental & Social Responsibility
Award at the Prospectors & Developers
Association of Canada (PDAC) Awards Gala
in Toronto. The award recognises Teranga’s
leadership and commitment to making
lasting contributions to the communities
surrounding its Sabodala gold mine in
Senegal, West Africa.
“We believe that our success is tied
to the achievement of the goals of our
host communities and our reputation
as a responsible partner in sustainable
resource development,” said Richard
Young, President and CEO of Teranga. “On
behalf of our directors, employees, inves-
tors, and the local communities in which
we operate, we are proud to accept this
recognition of our commitment to respon-
sible mining and building a strong social
licence in West Africa.”
Since 2009, Teranga has worked with
government and nearby communities to
establish initiatives that contribute to the
environment and region for the long term.
They include investing a minimum of $1,2
million annually in a community social
fund to advance sustainable community
development projects, supporting small
businesses through local procurement,
and delivering more than 40 training
programmes to develop employee skills,
literacy and numeracy.
“The Government of Senegal has a very
good relationship with Teranga based on
a win-win approach and shared support
of the mining industry. Teranga under-
stands that they need to not only invest
for their shareholders, but also invest in
the agriculture, education and training
for the local communities,” said Ousmane
Cisse, Director of Mines and Geology,
Government of Senegal. “Teranga is the
Teranga wins PDAC award for responsible mining
flagship company in the gold sector, and
the PDAC award shows to all companies
mining in Senegal that responsible mining
is the way forward.”
Teranga’s Sabodala mine is the only
gold mine and mill in Senegal. Located
approximately 650 km south-east of Dakar,
it has been in operation since 2009 and in
2016 produced approximately 216 000
ounces of gold. The company also holds
Seen at the PDAC Awards Gala reception on 7 March 2017 are (left to right): Richard Young, President and CEO of
Teranga, Ousmane Cisse, Director of Mines & Geology, Government of Senegal, Alan Hill, Chairman of Teranga’s
board, and Aziz Sy, General Manager, Sabodala Gold Operations.
the Banfora gold project in Burkina Faso,
which it acquired as part of its takeover of
ASX-listed Gryphon Minerals in 2016.
Gryphon had intended to develop
Banfora utilising a 2 Mt heap leach pro-
cessing facility. Teranga’s preferred
development path, however, will be based
on an optimised CIL flowsheet and the
company is expecting to make a develop-
ment decision in H2 2017.
Shaft upgrades completed at tungsten mine
Premier African Minerals, listed on AIM, says
that shaft upgrades at its RHA tungsten
mine in north-western Zimbabwe have
been completed. In addition, the terms
for the underground mining contract have
now been finalised with mining contractor
African Mining and Exploration (Afmine) to
deliver up to 16 000 tons of tungsten ore
per month to the plant.
At the same time, final terms have been
agreed to deliver up to 24 000 tons of
tungsten ore from open-pit operations per
month, all commencing in March 2017.
Premier has also announced that an
X-Ray Transmission (XRT) sorter has arrived
on site at RHA and is currently being assem-
bled and integrated. It forms part of an
upgrade to the existing plant.
George Roach, Chairman and CEO, com-
mented:“The XRT sorter is an important part
of the upgrades and improvements made
to the plant and I am pleased to say that the
installation is progressingwell and that we are
on track for first production this quarter.”