Houndé Mine

    Overview

    Ownership

    • 90% EDV, 10% government of Burkina Faso

    Location

    • 250 km southwest of Ouagadougou, the capital city of Burkina Faso.

    Mine Attributes

    • Mining Method: Open pit / Owner Mining 
    • Processing: 3Mtpa Gravity / CIL plant
    • Gold Recovery: 94% (2018A)
    • Expected Mine Life: +10 years

    2020 Key Catalysts

    • Q1 2020 Maiden reserves for Kari West and Kari Center discoveries
    • Q2 2020 Updated technical report including new reserves
    • Late 2020 Commence mining Kari Pump higher grade deposit

    Operating Performance

    Operational Data FY-2017 FY-2018 FY-2019
    Mining
    Waste (kt) 14,827 35,659 35,225
    Ore Mined - open pit (kt) 1,222 5,822 2,969
    Processing
    Ore Processed (kt) 813 3,948 4,144
    Grade (g/t) 2.75 2.29 1.83
    Recovery rate (%) 95% 94% 93%
    Production (oz) 68,754 277,218 223
    Cash Costs
    Cash cost per gold ounce sold (US$/oz) 194 459 ~662*
    All-in Sustaining Costs (US$/oz) 335 564 ~875*

    *Preliminary, as FY-2019 results will be published on March 9, 2020.

    Technical Reports

    Download year list
    Date Download Description

    Reserves and Resources

    On a 100% basis. Resources shown inclusive of Reserves. Tonnage
    (Mt)
    Grade
    (Au g/t)
    Content
    (Au koz)
    Proven Reserves 3.5 1.53 174
    Probable Reserves 24.0 2.03 1,566
    P&P Reserves 27.51.971,740
    Measured Resource (incl of reserves) 3.6 1.56180
    Indicated Resources (incl of reserves) 41.2 2.23 2,954
    M&I Resources (incl of reserves) 44.7 2.18 3,134
    Inferred Resources 3.2 2.64 268

    Timeline

    Maps

    Exploration targets Houndé

    Houndé exploration next targets

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