All-in-sustaining costs (AISC) are pegged at $749 per ounce, with net cash flows of over $2.2 billion at $1,600/oz gold over a 16.5- year mine life. …Sabodala Gold Operations from Senegal - Currently exploiting Sabodala Gold mine, for TGC Sabodala Mining Company SARL (SMC) from Senegal - Currently exploiting Sabodala Gold Mine, for TGC Oromin Joint Venture Group (OJVG) from Islands (U.S.) - Permis d'exploration du gisement de Golouma obtenu en Février 2007: Relevant government actors:

The southeastern part of Senegal, in West Africa, is home to the country's first major gold mine owned by Sabodala gold operations SGO, as subsidiary of Teranga Gold Corporation during the timeframe of this study. As part of its expansion, the company opened and operated the Gora satellite mine for 4 years' exploitation. At the end of the mine's life, the authorities decided to close the ...First gold from the Sabodala mine was produced in March 2009. Image courtesy of Teranga Gold Corporation. Sabodala is a large-scale gold mine located in the West African Birimian geological belt. It is situated approximately 404 miles (650km) east of …

Sabodala is located in Senegal, some 650km east of the capital Dakar. The project contains two deposits – Sabodala and Niakafiri – which lie in a granted 20km² mining concession. The project is 90% owned through MDL's operating company Sabodala Gold Operations SA, 10% by the Government of the Republic of Senegal.SABODALA GOLD PROJECT SENEGAL, WEST AFRICA PREPARED FOR TERANGA GOLD CORPORATION by AMC Mining Consultants (Canada) Ltd. in accordance with the requirements of National Instrument 43-101, Standards for Disclosure of Mineral Projects of the Canadian Securities Administrators . Qualified Persons: S G Mlot, P.Eng., BEng, MCIM