The Managem Group announced that the Tri-K gold mine in Guinea, in the region of Mandiana, achieved the first pour this Wednesday 23 June 2021, following the completion of construction work.
The Tri-K mine consolidates the Group’s presence in the Republic of Guinea and supports its determination to position itself as one of the largest intermediate gold producers in West Africa, the Group said in a statement.
“With a reserve of more than 1.5 million ounces of gold, Tri-K is one of the Managem Group’s largest gold operations”, noted Managem, adding that the Tri-K mine, the construction of which was carried out under the supervision of Reminex, a subsidiary of the Managem Group, will allow the production of 130,000 ounces of gold per year, at a forecast cash cost of $600 to $700/oz.
The statement added that the Tri-K gold mine is located 90km northeast of Kankan in Guinea, in the Mandiana region, in an exploration area of 473km2, noting that Tri-K’s reserves are 1,565,000oz with a target production of 130,000oz per year and an open pit mining method.
On this occasion, CEO of Managem, Imad Toumi, stressed that “the first gold bar cast at Tri-K is an important milestone in strengthening the group’s gold strategy in Africa”.
“I would like to congratulate all the Group’s employees in Guinea and Morocco, who have made this flagship project possible and who have remained motivated and mobilized despite the difficulties caused by the Covid-19 pandemic. The Tri-K mine is a testament to the know-how and operational excellence of all our teams as well as the support of the local communities,” Toumi was quoted as saying in the statement.
He also expressed “his warm thanks to the Guinean Ministry of Mining and Geology, to the local authorities of the Mandiana region as well as to the Société Guinéenne du Patrimoine Minier (Soguipami), for their support in the achievement of this project”.
