Page 40 - Bullion World Issue 10 February 2022_Neat

Bullion World | Issue 10 | February 2022
INTERNATIONAL news

West African Resources says

2021 gold production hits record

of 289,000 oz

WEST African Resources said gold production for 2021 totalled 289,000
ounces, in excess of the upper end of its forecast and a record for the company
in its first full year of operation at the Sanbrado, a gold mine in Burkina Faso.
Production for the final quarter of the year of 87,320 oz was also a record for
any quarter since commissioning in mid-2020.Gold sold during the quarter
was 86,520 oz, bringing 2021 gold sales to a record of 295,220 oz. Gold
production and cost guidance for 2022, and updated resources and reserves
for Sanbrado and Toega will be reported later this month.

Source: https://www.miningmx.com/

Mozambique’s gold

production hits

record-breaking

800 kilos

Mozambique’s gold production reached a
record 800 kilos in 2021, according to a
preliminary report released by the Kimberley
Process Management Unit (UGPK).

“Production for 2021 had been expected to
reach around 550 kilos, but so far we are
above 800 kilos,” read the report, adding that
in 2020 the republic produced 545 kilos of
gold.

According to the report, production could
have been even higher but for the restrictions
introduced due to the global Covid-19
pandemic.

Source: https://macaonews.org

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