A definitive feasibility study (DFS) for the Kobada project – a greenfield gold mine development in Mali – is expected to be completed by March next year, and developer African Gold Group (AGG) says construction could start soon after as most permits are in place.
The project has a 2016 feasibility study with a stated resource of 2.2-million ounces and AGG is in the process of upgrading the geological model and understanding of the orebody to double the production rate to 100 000 oz/y.