Canadian gold mining company Teranga Gold has wrapped up its acquisition of a 90% interest in the Massawa gold project from major Barrick Gold and its joint venture partner Compagnie Sénégalaise de Transports Transatlantiques Afrique de l’Ouest (CSTTAO).
With the transaction complete, Teranga is turning its focus to integrating the high-grade Massawa deposits into its mine plan and leveraging the existing infrastructure at Sabodala, says president and CEO Richard Young.