Inside Roxgold, the company Jean Claude Kouassi gave a permit to mine gold in Côte d’Ivoire
Already active in Burkina Faso, Canadian group Roxgold is growing its West African assets after securing an operating permit for the site it acquired in 2019 in Côte d’Ivoire.
17/12/2020 at 15h59, by Pierre-Olivier Rouaud
With its new Ivorian asset Séguéla, Roxgold is digging a little deeper into the west of the continent. The group is focused solely on the exploration and production of gold in the region, and its principal operating asset to date is the Yaramoko gold mine in Burkina Faso, 200 km southwest of Ouagadougou. Yaramoko produced 142,204 ounces of gold in 2019, generating most of the company’s $182m revenue. Last year, the group posted a net profit after tax of $5.6m, down sharply due to asset depletion.
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