A preliminary feasibility study (PFS) into West Africa-focused Teranga Gold’s Sabodala-Massawa gold complex, in Senegal, has demonstrated that it is a top-tier mine with a large proven and probable reserve base of 4.8-million ounces, with low all-in sustaining costs (AISC) of $749/oz and new cash flow of over $2.2-billion over a 16.5 year mine life. The PFS has also outlined the strong potential for growth through further exploration and discovery.
