Mining Intelligence and News
Cote d'Ivoire

Bonikro Mine

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Summary

Mine TypeOpen Pit
StatusActive
Commodities
  • Gold
  • Silver
Mining Method
  • Truck & Shovel / Loader
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Snapshotan operating gold mine in Côte d’Ivoire and collectively with Agbaou is managed as one business unit referred to as the Côte d’Ivoire Complex. The mines are situated approximately 20km apart.

Operational activities at Bonikro span two mining licenses, namely Bonikro and Hiré, with Hiré functioning as a satellite mining operation. Additionally, there are two exploration licenses, with Allied exploring the potential of the Oumé Project, including Dougbafla prospects for satellite deposits.

Strategic mine life of the Côte d'Ivoire Complex of 10+ years.
Related AssetAgbaou

Owners

SourceSource
CompanyInterestOwnership
Government of Côte d’Ivoire 10 % Indirect
Allied Gold Corp. 89.89 % Indirect
The Bonikro Mine comprises the Bonikro and Hiré mining licences.

Bonikro Gold Mine SA (“BGM”) (89.89% ownership), comprised of two exploitation permits (Bonikro and Hiré).

The Bonikro Licence is held by Bonikro Gold Mine SA (BGM), of which Allied owns 89.89%. The Hiré Licence is held by Hiré Gold Mine SA (HGM), of which Allied owns 89.80%.

The government of Côte d’Ivoire holds a 10% shareholding in each of BGM and HGM, with a local minority shareholder owning 0.11% of BGM and 0.20% of HGM.

Deposit type

  • Intrusion related
  • Orogenic
  • Vein / narrow vein

Summary:

, such as the:
• Relatively reduced, calc-alkaline to alkaline composition of the Bonikro granodiorite (Ouatarra, 2015)
• Presence of aplite and pegmatite dykes
• Sulphide-poor mineralogy of the sheeted veins
• Narrow 0.1–1 cm-wide alteration selvages around the sheeted veins implying a low fluid/rock ratio during vein formation
• Gold ± bismuth ± tellurium ± tungsten ± lead ± molybdenum metal association (Masurel et al., 2019).

The Oumé-Féttékro greenstone belt is located in south-central Côte d’Ivoire. The greenstone belt extends ~300 km along strike, parallel to the north-northeast trending regional structural grain. The southern part of the greenstone belt hosts the Bonikro, Hiré and Dougbafla gold deposits.

The south-central part of the Oumé-Féttékro greenstone belt, in the Bonikro district, consists of Toumodi Group supracrustal rocks and the Kan River Plutonic Complex, which consists primarily of the Loukouyakro suite of TTG orthogneisses containing mafic enclave

Reserves & Resources

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Mining

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Heavy Mobile Equipment

Fleet data has not been reported.

Comminution

Crushers and Mills

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Beneficiation

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Commodity Production

CommodityUnits2024202320222021202020192018201720162015
Gold koz  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe90134139141115
Silver oz 16,25615,84518,68718,067
All production numbers are expressed as metal in doré. ^ Guidance / Forecast.

Operational metrics

Metrics202320222021202020192018201720162015
Ore tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe1 Mt1,450 kt1,793 kt1,259 kt3,878 kt
Waste  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe10 Mt
Tonnes milled  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe2.4 Mt2.3 Mt2.2 Mt2.3 Mt1.7 Mt
Stripping / waste ratio  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe10.3
Total tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe7,168 kt17,073 kt10,713 kt8,262 kt

Production Costs

CommodityUnits202420232022202120182017
Total cash costs (sold) Gold USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
All-in sustaining costs (sold) Gold USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 937.17 / oz **   1,403 / oz **  
^ Guidance / Forecast.
** Net of By-Product.

Operating Costs

Currency2022202120202019
OP mining costs ($/t mined)  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
Processing costs ($/t milled)  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
G&A ($/t milled)  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe

Mine Financials

Units20232022202120182017
Sustaining costs M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe 3.1   8.5  
Capital expenditures M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe 21   25  
Revenue M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe 99.3   118.3  
Gross profit M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe
EBIT M USD 30.9   6.9  
EBITDA M USD 59.4   56.6  
Operating Cash Flow M USD 61.4   76.7  

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Sep 2, 2024
....................... Subscription required ....................... Subscription required Subscription required Sep 2, 2024

Workforce

EmployeesContractorsTotal WorkforceYear
...... Subscription required ...... Subscription required ...... Subscription required 2023
...... Subscription required ...... Subscription required ...... Subscription required 2022
...... Subscription required ...... Subscription required ...... Subscription required 2021
...... Subscription required ...... Subscription required ...... Subscription required 2020
...... Subscription required ...... Subscription required 2017
...... Subscription required ...... Subscription required 2016

Aerial view:

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