The Sabodala gold project is situated in the Mako Mafic Volcanic Belt and lie within the west Birimian gold province, which is host to some of the world’s largest gold deposits. Sabodala is sited on a small hill of unweathered metabasalts. Locally, the volcanic are intruded by subvolcanic dolerite and gabbro sills and dykes, as well as quartz-feldspar porphyry and unfoliated rhyolite dykes. The gold mineralization is associated with quartz, sericite, ankerite/siderite veining and orange-coloured silica-albite-carbonate-pyrite alteration. The main sulfide mineral is pyrite, although free gold does occur.
Teranga Gold Corporation a Canadian-based gold company owns 90% of the Sabodala concession while the government holds a 10% stake in the mine, and revenues generated are from taxes, royalties, and dividends. Project Status: The Sabodala gold mine project is the only large-scale gold mining operation in Senegal and it has been in operation since 2009. Multiple deposits feeding into the central mill; owner-operated conventional truck and shovel open-pit mining. As of December 2019, 241,276 oz of gold has been mined.
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