{"id":475898,"date":"2017-04-24T00:05:17","date_gmt":"2017-04-24T00:05:17","guid":{"rendered":"http:\/\/juniorminingnews.com\/?p=475898"},"modified":"2017-04-24T00:05:17","modified_gmt":"2017-04-24T00:05:17","slug":"despite-difficulties-randgold-set-to-expand-tongon-past-4-years-2","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=475898","title":{"rendered":"Despite difficulties, Randgold set to expand Tongon past 4 years"},"content":{"rendered":"

By analyst<\/a><\/span> <\/p>\n

By Andrew Topf<\/a><\/span> <\/p>\n

London-listed Randgold Resources (LON:RSS) isn’t letting labour unrest including a recent illegal sit-in<\/a> by workers ruin its prospects for its Tongon gold mine in C\u00f4te d’Ivoire (Ivory Coast).<\/p>\n

The Africa-focused gold producer said on Sunday<\/a> it has confirmed \u201cmultiple opportunities for extending the life of the operation beyond the current four-year horizon,\u201d according to CEO Mark Bristow, who spoke to reporters at the minesite.<\/p>\n

Bristow said near-mine targets \u201cwith high resource potential\u201d are the primary focus of the exploration program at Tongon. The company ended 2016 with a gold production record for the fourth quarter, and says Tongon is on track to achieve its production guidance of 285,000 ounces for 2017.<\/p>\n

\u201cThe past year has again been a difficult one as C\u00f4te d’Ivoire met further challenges in its nation-building process. These included a wave of strikes and protest actions which impacted negatively on civil society, the economy and the mining industry. As evidenced by our continuing investment here, however, our belief in the country and in its people’s ability to work through these difficulties remains unshaken,\u201d Bristow said in the news release.<\/p>\n

A prefeasibility study on Tongon was completed in 2001 but plans to develop the mine had to be put on hold with the outbreak of civil war the following year. Work on the project resumed in 2007 and the mine was commissioned in 2010 amidst another political upheaval.<\/p>\n

The company has five operating gold mines across west and central Africa.<\/p>\n

The post Despite difficulties, Randgold set to expand Tongon past 4 years<\/a> appeared first on MINING.com<\/a>.<\/p>\n

\u2026read more<\/a> <\/p>\n

Source:: Infomine<\/a><\/p>\n

The post Despite difficulties, Randgold set to expand Tongon past 4 years<\/a> appeared first on Junior Mining Analyst<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

By analyst By Andrew Topf London-listed Randgold Resources (LON:RSS) isn’t letting labour unrest including a recent illegal sit-in by workers ruin its prospects for its Tongon gold mine in C\u00f4te d’Ivoire (Ivory Coast). The Africa-focused gold producer said on Sunday it has confirmed \u201cmultiple opportunities for extending the life of the operation beyond the current […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/475898"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=475898"}],"version-history":[{"count":0,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/475898\/revisions"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=475898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=475898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=475898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}