Aurum Resources confirmed the discovery of 1.59 million ounces of gold at its Boundiali project in Ivory Coast in January. The company plans to continue exploration until 2025 while preparing technical studies for potential production.
Aurum Resources is ramping up efforts to advance its Boundiali gold mine in Côte d’Ivoire. On March 31, the Australian junior mining company revealed it had hired Envitech’s Ivorian subsidiary to conduct an environmental and social impact assessment (ESIA) for the project, starting in April.
The ESIA will assess six gold deposits and prospects, along with a processing facility across three of the four exploration concessions that form the project. This study is part of the pre-feasibility work for Boundiali and is crucial for securing the mining license required for development.
An ESIA evaluates a project’s environmental and social impacts, identifying problems and proposing solutions or mitigation measures. It plays a key role in obtaining approval for mining operations.
While the ESIA’s completion date is currently unknown, Aurum said it expects to finalize its pre-feasibility study by late 2025. In the meantime, the firm will keep looking for new resources at Boundiali.
Last January, Aurum published an initial Mineral Resource Estimate (MRE) identifying 1.59 million ounces of gold (45 tonnes). The company plans to drill 100,000 meters this year, aiming to release two updated MREs.
This article was initially published in French by Aurel Sèdjro Houenou (Intern)
Edited in English by Ola Schad Akinocho
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
World Bank announces $137 million to boost West Africa digital economy Program expands broad...
Tilenga oil project required land from 4,954 households in Uganda Over 99% of affected households...
Ethiopian Airlines expands Bole Airport domestic terminal to improve passenger flow Three new airports to raise domestic network to 26...
Burkina Faso launches rehabilitation of Bobo-Dioulasso–Banfora and Banfora–Orodara roads Projects worth 81 billion CFA francs aim to boost mobility and...
U.N. designates Oct. 1 as International Coffee Day by resolution Coffee industry worth $200 billion, supporting 25 million farmers globally Key...
Ghana commissions LPG tanker MT Asharami Ghana to strengthen supply chain Government plans local cylinder manufacturing and $50m logistics...
Afreximbank launches Impact Stories season two highlighting trade-driven transformations Series features projects across Africa and Caribbean, from...
Mbanza Kongo, located in northern Angola, is one of the most important historic cities in Central Africa. The capital of Zaire Province, it stands on a...