Monday, May 25, 2009

Sabodala Gold Mine and Mining Equipment

Sabodala Gold Mine in Senegal has completed production of its first ton, after starting operations back in April.

For mining equipment for sale, contact MSloane Consulting.

The $220m project is set to process material above the nominal mill capacity of two million tons per annum. The project is expected to produce 160,000oz of gold in 2009 at a cash operating cost between $420 and $440 an ounce.

The Senegal Government has a 10% stake in Sabodala Gold Operations, which operates the mine.

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