Agbaou Mine

The low-cost Agbaou Gold mine was constructed ahead of schedule and under budget, achieving commercial production on January 27, 2014. Agbaou's low cost profile is a result of high plant throughput, very high recoveries, as well as low cost and reliable grid power.



    • 85% EDV, 10% government Côte d’Ivoire, 5% SODEMI


    • Approximately 200 km north of the port city of Abidjan, Côte d'Ivoire

    Mine Attributes

    • Mining Method: Open Pit / Contractor Mining
    • Processing: Gravity/CIL plant
    • Gold Recovery: 94% (2018A)

    Operating Performance

    Operational Data FY-2015 FY-2016 FY-2017 FY-2018
    Waste (kt) 17,629 22,585 25,117 27,336
    Ore Mined - open pit (kt) 2,818 2,797 2,983 2,399
    Ore Processed (kt) 2,665 2,827 2,906 2,830
    Grade (g/t) 2.15 2.27 2.02 1.70
    Recovery (%) 97% 97% 94% 94%
    Production (oz) 181,365 195,505 177,191 141,335
    Cash Costs
    Cash cost per gold ounce sold (US$/oz) 462 430 557 677
    All-in Sustaining Costs (US$/oz) 576 534 647 819

    Technical Reports

    Download year list
    Date Download Description

    Reserves and Resources

    On a 100% basis. Resources shown inclusive of Reserves. Tonnage
    (Au g/t)
    (Au koz)
    Proven Reserves0.31.63 16
    Probable Reserves 8.31.67 445
    P&P Reserves 8.6 1.66 461
    Measured Resource (incl of reserves) 1.90.87 54
    Indicated Resources (incl of reserves)7.6 2.51 610
    M&I Resources (incl of reserves) 9.5 2.18 664
    Inferred Resources0.8 1.72 46



    Agbaou 5 year targets

    Agbaou gold in soil anomalies

    Agbaou site map

    Exploration Potential

    The 2018 exploration program amounted to $4 million, totaling approximately 27,800 meters of drilling, focused mainly on open pit targets, located along extensions of known deposits and on parallel trends, and on the at-depth potential of the North pit. Mineralization was confirmed at the extensions of several deposits including the MPN, North Pit Satellite 3, West Pit 5 and Beta. However, the mineralization intercepted was low-grade and lacked continuity, and therefore little follow-up drilling was done, with a focus instead on testing other higher potential targets. ­Mineralization was confirmed at-depth in the North Pit. However, in the short-term no follow-up drilling is planned for this target as the potential resource in this area may not be suitable for open pit operations. As such, the focus remains on testing other open pit targets.


    An exploration program of up to $2 million is being considered for 2019 with the aim of continuing to test targets located along extensions of known deposits and on parallel trends.

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