Allied owns 85% of Agbaou Gold Operations SA, the government of Côte d’Ivoire owns 10% while SODEMI, the State-owned mining development company, owns 5%.
Deposit type
- Vein / narrow vein
- Mesothermal
Summary:
e + pyrrhotite) and quartz vein style mineralization. The gold mineralization within Agbaou deposit is hosted within a specific quartz vein type that occurs along a broad area and can be characterized by a wide range of quartz-vein types, brecciation, boudinage, sericitic and carbonate alteration.
The lateritic cover is generally between five and ten metres thick with a very well developed weathering profile is over much of the area.
Mineralization at Agbaou can be broadly separated into two categories: laterite cap (generally >0.5g/t Au) and primary (free gold and sulphide hosted). The laterite cap, which covers the entire deposit area, is of variable thickness (1 to 5m) and represents secondary (re-mobilized) mineralization. The primary mineralization is associated with a system of gold bearing quartz-veins hosted by tightly folded Birimian-age sedimentary and volcanic rocks. The quartz veins can occur within either meta-volcanic or meta-sedimentary rocks, but the host rock is
Reserves & Resources at December 31, 2023
Mineral Reserves:
Price assumption is $1,500/ounce gold. Open pit cut-off grades range from 0.49 to 0.74 g/t gold.
Mineral Resources:
Price assumption is $1,800/ounce gold Open pit cut-off grade of 0.5 g/t gold.
Mineral Resources are reported inclusive of Mineral Reserves.
Category | Tonnage | Commodity | Grade | Contained Metal |
Proven
|
2,120 kt
|
Gold
|
2.18 g/t
|
131 koz
|
Probable
|
7,114 kt
|
Gold
|
1.94 g/t
|
394 koz
|
Proven & Probable
|
9,234 kt
|
Gold
|
2 g/t
|
527 koz
|
Measured
|
2,591 kt
|
Gold
|
2.34 g/t
|
173 koz
|
Indicated
|
12,998 kt
|
Gold
|
2.13 g/t
|
787 koz
|
Measured & Indicated
|
15,589 kt
|
Gold
|
2.16 g/t
|
960 koz
|
Inferred
|
1,120 kt
|
Gold
|
2 g/t
|
64 koz
|
Summary:
lasting, and transition ore is limited due to the approximately 10 m wide zone in which it occurs.
Drill and blast in the transition and fresh zones is carried out by the mining contractor using production blasthole drilling with explosives, accessories, loading and initiation provided by EPC Groupe.
The Agbaou pits are mined using contractor Komatsu PC2000 (210 t), Caterpillar 6015 (150 t) excavators, and Caterpillar 777 (90 t) haul trucks. The mining operating methodology is open cut mining on 10 m benches and flitched off at 2.5 m increments including the heave from blasting. Waste is taken to the designated waste dumps adjacent to each of the pit stages. Later in the mine life waste stripping will use 3.3 m flitches to maximize extraction of the waste.
The production schedule is balanced to mine approximately 25 Mt/a of rock in 2023-25, including the 20 Mt completed in 2023, with mining currently forecast to be complete in 2026. It is noted that the processing schedule includes mineralized waste (1.3 Mt, 0.46 g/t, 19 koz) to sustain the operation during 2024 and 2025. Exploration is ongoing at the time of reporting to replace the mineralized waste and increase profitable production.
Heavy Mobile Equipment
Fleet data has not been reported.
Comminution
Crushers and Mills
Type | Model | Size | Power | Quantity |
Jaw crusher
|
|
|
|
1
|
Pebble crusher
|
|
|
|
1
|
SAG mill
|
Outotec
|
5.1m x 5.5m
|
2.3 MW
|
1
|
Ball mill
|
Outotec
|
4.5m x 6.9m
|
2.3 MW
|
1
|
Summary:
d stockpile ahead of the SAG mill.
The milling plant consists of a primary Outotec SAG Mill, 5.1 m diameter by 5.5 m long with 2.3 MW installed power, operated at 72% critical speed, with a discharge screen and the pebble crushing circuit receiving >12 mm and <30 mm pebbles. The secondary Outotec Ball Mill is 4.5 m diameter by 6.9 m long with 2.3 MW installed power operated at 75% critical speed. The secondary mill is in closed circuit with a hydrocyclone cluster with eleven 380 mm cyclones. The milled product has a nominal P80 of 75 µm.
Beneficiation
- Crush & Screen plant
- Gravity separation
- Smelting
- Centrifugal concentrator
- Carbon re-activation kiln
- Concentrate leach
- Inline Leach Reactor (ILR)
- Agitated tank (VAT) leaching
- Carbon in leach (CIL)
- AARL elution
- Carbon adsorption-desorption-recovery (ADR)
- Solvent Extraction & Electrowinning
- Cyanide (reagent)
Summary:
ectrowinning and smelting to produce gold doré. Plant tailings are disposed to an engineered TSF located a few hundred metres from the process plant after cyanide destruction.
The basic plant flowsheet includes the following main areas:
• Primary and secondary crushing;
• Crushed ore storage and reclaim;
• SAG mill – open circuit with pebble crushing;
• Ball mill – closed circuit with cyclone classification;
• Gravity concentration;
• Intensive cyanide leaching of concentrate;
• CIL leaching;
• Elution circuit, electrowinning and gold smelting;
• Tailings pumping to disposal site;
• Including cyanide destruction;
• Reagent mixing, storage and distribution;
• Process, raw and potable water distribution;
• Air supply services including oxygen plants.
The gravity circuit treats a portion of the hydrocyclone underflow, after degritting at 2.5 mm, through a Knelson XD30 concentrator with the concentrate being leached in a Gekko Systems inline-leach-reactor (ILR) with a dedicated electrowinning cell. Historical gravity recovery is reported at approximately 30%, although some production reports indicate a range from 20% to 44%.
The coarse grit and the ILR tails are returned to the milling circuit for additional size reduction prior to the leach train.
Leaching follows trash removal at 0.7 mm x 18.0 mm through a vibrating screen. There are six 2,000 m3 CIL tanks resulting in a total leach time of 15 hours for saprolite ore and 29 hours for fresh ore due to higher density. The CIL tanks have Alloytech 0.833 mm wedge wire interstage screens. Carbon is pumped counter current with recessed impellor pumps, prior to transfer to the elution circuit. Final tailings safety screening is completed with a vibrating screen at 1.0 mm aperture.
The split AARL elution circuit consists of one rubber lined acid wash column and a separate stainless steel elution column with a capacity of 6.5 tonnes of carbon. Regeneration of carbon is completed in an electrically heated 350 kg/h rotary kiln. The regeneration kiln is located within the elution section with quenched carbon pumped to the last CIL tank with fine carbon removal by screening.
The gold room contains the ILR with two electrowinning cells (one for gravity and one for elution), each being 1.0 m x 1.0 m with 18 steel wool cathodes (expandable to 22 cathodes). Gold slimes are smelted on site into doré for final shipment to the refinery.
Cyanide detoxification is achieved in two tanks, offering a total residence time of two hours with the weak acid dissociable (WAD) cyanide content monitored continuously by analyser. Detoxified tailings are pumped to the unlined downstream constructed TSF for spigotting to encourage beaching. Recovered water is pumped back to the plant for reuse.
Recoveries & Grades:
Commodity | Parameter | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
Gold
|
Recovery Rate, %
| 95.4 | 94.7 | 94.4 | 94 | 95 | 94 | 94 | 97 | 97 |
Gold
|
Head Grade, g/t
| 1.05 | 1.3 | 1.44 | 1.28 | 1.62 | 1.7 | 2.02 | 2.27 | 2.15 |
Summary:
valley storage upstream of the TSF and adjacent to it. The storage is approximately 1.035 Mm3 and some 1,300 m from northeast to southwest at full capacity. The WSD has a catchment area of 381 ha and when the pond volume is at maximum level, the reservoir surface area is 49 ha. It has a floating pontoon equipped with an intake pump adjacent to the WSD embankment. The basin area has a permanent spillway on the southeast side. The WSD embankment is common with the TSF east embankment and comprises engineered fill with a bulk fill zone on the downstream face.
Filtered and potable water is supplied after treatment of raw water and stored prior to distribution for process or domestic use. A dedicated 50 kL potable water tank is located at the processing facility and a 10 kL potable water tank at the mine service area (MSA).
Water consumption
Sufficient water has been maintained since 2015 with pit dewatering bore water being used to supplement the water supply as required. During 2020 to 2022, water sourced from the raw water dam and bores averaged 1.6 Mm3 per annum or 0.47 m3 per tonne ore milled.
Commodity Production
Commodity | Units | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
Gold
|
koz
| 85-95 ^ | 89 | 120 | 120 | 134 | 167 | 162 | 192 | 200 | 174 |
All production numbers are expressed as metal in doré.
^ Guidance / Forecast.
Operational metrics
Metrics | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
Ore tonnes mined
| 1.7 Mt | 2 Mt | 1.5 Mt | 2,462 kt | 2,149 kt | 2,237 kt | 2,628 kt | 2,319 kt | 2,190 kt |
Waste
| 22.7 Mt | 26,311,678 t | 18 Mt | 20,501 kt | 22,806 kt | 25,496 kt | 22,124 kt | 18,723 kt | 13,701 kt |
Tonnes milled
| 2.7 Mt | 2.9 Mt | 2.8 Mt | 2.8 Mt | 2,657 kt | 2,639 kt | 2,560 kt | 2,344 kt | 2,071 kt |
Hourly processing rate
| | 379.6 t | | | | | | | |
Stripping / waste ratio
| | | | 8.6 | 10.4 | 10.6 | 7.4 | 6.7 | 4.9 |
Total tonnes mined
| | | | 22,963 kt | 24,955 kt | 27,732 kt | 24,752 kt | 21,042 kt | 15,891 kt |
Production Costs
| Commodity | Units | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
Total cash costs (sold)
|
Gold
|
USD
|
|
|
|
|
1,062 / oz
|
496.65 / oz
|
536.25 / oz
|
441.2 / oz
|
Total cash costs (sold)
|
Gold
|
USD
|
2,026 / oz ^ **
|
1,797 / oz **
|
1,434 / oz **
|
1,429 / oz **
|
|
|
|
|
All-in sustaining costs (sold)
|
Gold
|
USD
|
|
|
|
|
1,526 / oz
|
941.85 / oz
|
958.23 / oz
|
512.49 / oz
|
All-in sustaining costs (sold)
|
Gold
|
USD
|
1,595 / oz ^ **
|
1,604 / oz **
|
1,582 / oz **
|
1,485 / oz **
|
|
|
|
|
^ Guidance / Forecast.
** Net of By-Product.
Operating Costs
| Currency | 2022 | 2020 | 2019 | 2018 | 2017 | 2016 |
OP mining costs ($/t mined)
|
USD
| | 2.16 | 1.89 | 2.03 | 1.96 | 1.71 |
Processing costs ($/t milled)
|
USD
| 7.91 | 6.44 | 5.9 | 5.92 | 5.71 | 5.08 |
G&A ($/t milled)
|
USD
| | 2.74 | 3.81 | 3.39 | 3.2 | 3.59 |
Mine Financials
| Units | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
Capital expenditures
|
M USD
| 6 | 3.1 | 2.4 | 16.2 |
34.3
|
|
|
Sustaining costs
|
M USD
| 6 | 3.1 | 2.4 | 14.6 |
19
|
15.7
|
6.3
|
Revenue
|
M USD
| 88.6 | 123.5 | 109.6 | 119.9 |
124.5
|
117.2
|
142.8
|
Gross profit
|
M USD
| -6.9 | 50 | 15.6 | |
|
|
|
Operating Income
|
M USD
| | | | |
38.4
|
41
|
53.1
|
Pre-tax Income
|
M USD
| | | | 46.3 |
36.8
|
38.1
|
52.8
|
After-tax Income
|
M USD
| | | | -15.7 |
31.8
|
40.3
|
52.4
|
Personnel
Job Title | Name | Profile | Ref. Date |
Chief Geologist
|
Bindè Martin ADI
|
|
Sep 3, 2024
|
General Manager
|
Herman Prinsloo
|
|
Sep 3, 2024
|
Employees | Contractors | Total Workforce | Year |
296
|
1,002
|
1,298
|
2023
|
335
|
992
|
1,308
|
2022
|
302
|
1,009
|
1,311
|
2021
|
|
|
285
|
2018
|
216
|
362
|
578
|
2014
|