Karma Mine

    Overview

    Ownership

    • 90% EDV, 10% government of Burkina Faso

    Location

    • North-central Burkina Faso, near the city of Ouahigouya

    Mine Attributes

    • Mining Method: Shallow open pit
    • Processing: 4Mtpa Heap Leach
    • Gold Recovery: 82% (2018A)

    Operating Performance

    Operational Data FY-2016 FY-2017 FY-2018 FY-2019
    Mining
    Waste (kt) 6,874 11,451 12,217 15,690
    Ore Mined -open pit (kt) 1,879 3,862 4,715 3,745
    Processing
    Ore Processed (kt) 2,089 3,552 4,097 4,196
    Grade milled (g/t) 1.16 1.07 0.95 0.91
    Recovery (%) 90% 83% 82%
    82%
    Production (oz) 61,813 97,982 108,773 96,534
    Cash Costs
    Cash Cost per gold ounce sold (US$/oz) 657 716 704 ~788*
    All-in Sustaining Costs (US$/oz) 738 834 813 ~900*

    *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 Reserves1.3 0.56 24
    Probable Reserves 26.2 0.88 740
    P&P Reserves 27.5 0.86 764
    Measured Resource (incl of reserves) 1.3 0.66 28
    Indicated Resources (incl of reserves) 74.0 1.10 2,627
    M&I Resources (incl of reserves) 75.3 1.10 2,655
    Inferred Resources 17.9 1.34 772

    Timeline

    Maps

    Karma Kao North drilling section

    Karma North Kao reserve conversion

    Karma exploration targets

    Karma Rambo West target

    Karma Yabonsgo target

    Latest News

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