The Afema Gold mining prospect is situated approximately 150km from Abidjan in the Republic of Ivory Coast.
The project is jointly owned by Afema Gold SA (“AGSA”) and the government of the Republic of Ivory Coast.
Taurus Gold Limited is the project sponsor and has a controlling stake and operating responsibility for AGSA.
The project is a greenfields project currently in Feasibility stage.
Various mining exploration activities, mineralogical and mining studies have taken place since 2010, with an updated mining study, as prepared by VBKOM, the focus of the current 2016 study.
With a view on soliciting financiers, VBKOM is also assisting the Afema Project’s Owners Team to co-ordinate, review & package all the study chapters in a professional portfolio, whilst maintaining and structuring all the study information into a document control framework.
Pending Feasibility phase approval, the prospecting / mining permit requires for first production to start in July 2017, leaving the remainder of 2016 and beginning of 2017 to finalise the detail execution planning and place the necessary orders.
With not a lot of time in hand, the road ahead will be nothing short of a challenge, but AGSA owners are not perturbed.
VBKOM and our mining consultants are proud to be associated with Taurus and the Afema project.
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