ASX-listed Resolute Mining has published an updated life-of-mine plan for the Mako gold mine, in Senegal.
The updated plan envisions a 39% increase in output compared with the prior mine plan – from 890 000 oz over a seven-year mine life to 1.24-million ounces over a nine-year mine life, to early 2027.
The mine will produce 140 000 oz/y over the next five years, at an all-in sustaining cost of $900/oz.
“Mako has proved to be an outstanding Resolute gold mine. This initial extension of the mine life at Mako will be further reinforced by our investment in the significant untested exploration potential of the region.
“We are delighted to increase total mine production and extend the mine life at Mako which will expand the economic benefits the mine provides to the local communities and broader population of Senegal,” says CEO John Welborn.