No 1 source of global mining news and opinion
The Koné project is the first of what Montage hopes will make it a premier multi-asset African gold producer. Credit: Montage Gold
During 2023, Montage began preparations for the Koné environmental and social impact assessment based upon the project design as outlined in the updated feasibility study published this past January. A hearing was subsequently held in March 2024, during which the ESIA was approved by a commission comprised of numerous government agencies in Côte d’Ivoire.
Prior to receiving the environmental permit, Montage team members were received by President Alassane Ouattara at a ceremony in Abidjan, during which he reiterated the nation’s support for the Koné project and its benefits. As outlined in the feasibility study, the proposed mine will be characterized by sizeable low-cost production and a long mine life of at least 16 years. During the first eight years, gold production is expected to average over 300,000 oz. annually, at an all-in sustaining cost of $998/oz.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Investors Advised to Choose Physical Gold Over Gold Stocks for Market VolatilityGeorge Milling-Stanley, chief gold strategist at State Street Global Advisors, suggests that investors should consider investing in physical gold as a means of protection against potential weakness in the equity market. He explains that gold stocks tend to go down with the general level of the equity market, while physical gold offers an extra level of protection. The distinction in expense ratios between gold stocks also attracts different types of investors.
Read more »
Gold Road seeks stake in Greenstone Gold MinesNo 1 source of global mining news and opinion
Read more »
Gold prices are surging: Where to buy 1-ounce gold bars nowGold's price has been climbing rapidly. If you want to buy in, here's where you can find 1-ounce gold bars.
Read more »
Gold bars and coins vs. gold stocks: Which is better for investors right now?Both types of gold assets could be a smart bet in today's economic environment. Here's why.
Read more »
Gold prices are high: How to find the best gold prices right nowWith gold prices teetering on the edge of $2,400, here's how you can find the best price available now.
Read more »
Bullet Club Gold Become the Inaugural Unified World Trios Champions at AEW DynastyBullet Club Gold holds all the (trios) gold in AEW!
Read more »