- Tietto Minerals (TIE) begins wet commissioning at its Abujar gold project in Côte d’Ivoire, West Africa
- The semi-autogenous grinding (SAG) mill and carbon-in-leach processor are both operational following just under 12 months of construction work at the project
- Managing Director Dr Caigen Wang says building Abujar in less than 12 months was a “monumental achievement” given negative impacts due to COVID
- The first gold pour is expected within ten days, with 260,000 ounces forecast within the first year of production
- Shares in Tietto are up 2.13 per cent trading at 72 cents at 12:55pm AEDT
Tietto Minerals (TIE) has begun wet commissioning at its Abujar gold project in Côte d’Ivoire, West Africa.
The semi-autogenous grinding (SAG) mill and carbon-in-leach processor are both operational following just under 12 months of construction work at the project.
The processing plant and tailings storage facility are also operational, with the mining stockpiles building, as more than 15,000 tonnes of ore has been added per day to the run-of-mine pad.
Tietto Managing Director Dr Caigen Wang said building Abujar in less than 12 months was almost “mission impossible” given supply chain issues, escalated pricing and skilled people shortage due to COVID.
However, he attributed the “monumental achievement” to careful planning, diligent management and hard work.
In addition to thanking the teams involved in the work to date, Mr Wang thanked TIE shareholders who he said have put the company in a position of no debt and zero hedging.
The first gold pour from Abujar is expected within ten days, and as detailed in a definitive feasibility study for the project, around 260,000 ounces is forecast within the first year of production.
Shares in Tietto were up 2.13 per cent trading at 72 cents at 12:55pm AEDT.