Help Desk -
9958816305, 9810335381

Teranga Gold Announces Response to COVID-19

Mining News - Published on Thu, 26 Mar 2020

Image Source: Teranga Gold Coronavirus COVID-19
Teranga Gold Corporation announced its consolidated production estimate for the first quarter 2020. As well it provided an update on its company-wide response to the coronavirus disease COVID-19 pandemic. Teranga Gold Chief Operating Officer Paul Chawrun said “Production, development and exploration are proceeding as planned and consolidated first quarter production is likely to be between 85,000 and 90,000 ounces as expected. As previously disclosed to the market, this will be Wahgnion’s strongest quarter of the year and Sabodala’s softest quarter due to lower grades processed as a result of pit sequencing.”

Currently, both the Sabodala gold mine in Senegal and the Wahgnion gold mine in Burkina Faso are operating as expected. In addition, the development work to integrate the Massawa project with Sabodala as well as Teranga’s 2020 exploration activities are continuing as planned. The Company is working with the employees at Sabodala, Wahgnion and its various exploration sites to ensure continuity of operations while admittance to sites is being restricted. To minimize the impact of any potential supply chain disruptions, the Company has been building an inventory of critical supplies since January and confirms that supplies are continuing to arrive at both sites.

Teranga has implemented precautionary measures to protect the health and safety of the Company's workforce and to maintain business continuity. To date, there have been no confirmed cases of COVID-19 at any of the Company's operations or offices. Employees at the corporate and regional offices are working remotely.

Source :

Posted By : Yogender Pancholi on Thu, 26 Mar 2020
Related News from Mining segment