Doropo and ABC ProjectsCentamin PLC is advancing its Doropo and ABC projects in Ivory Coast. The company approved a pre-feasibility study at Doropo, investing $14 million to progress the project to the pre-feasibility stage by mid-2022.245 The ABC project, located in northwest Ivory Coast, continues to show strong exploration potential along the 60 km Lolosso gold corridor.245 The board has approved an additional $3 million exploration program for the Kona and FarakoNafana permits until June 2022.245Doropo Project: Located in northeast Ivory Coast, the project has shown strong development potential with a positive preliminary economic assessment, indicating a post-tax net present value of $234 million at a 21% internal rate of return at a gold price of $1,450 per ounce.5ABC Project: Situated in northwest Ivory Coast, the project covers 750 km² and includes two exploration permits, Kona and FarakoNafana, which span the Sassandra Shear Zone along the contact zone between the Birimian terrane and the Archaean craton.45The company's CEO, Martin Horgan, highlighted the Doropo project as a priority growth target outside of Egypt, with the potential to become Centamin's second mine.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)