Power snags putting Tongon production target at risk – Randgold

April 25, 2016

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The instability of electricity supply from the national grid in Côte d’Ivoire is negatively impacting the cost structure of Randgold’s Tongon gold mine and placing its production target at risk. Tongon, owned 89% by Randgold, 10% by the State of Côte d’lvoire and 1% by a local company, is targeting production of 290 000 oz in 2016.

Category: General