gold mine aerial

The Kangala Gold Mine Project

A semi-industrial gold mine operation at Karangasso Vigué, scalable to industrial level.

Kangala Gold Mine: Project at a Glance

A semi-industrial gold mine operation at Karangasso Vigué, scalable to industrial level, based on sustainable environmental and social standards. Aims to develop untapped resources, create jobs, generate tax revenue, and regulate artisanal activities. Product: Sale of gold from mining.

Overview & Objectives

The project establishes a semi-industrial operation for gold production that can scale to an industrial mine, incorporating strict environmental and social standards.

Our Philosophy
  • Scale operations from a semi-industrial level to a full-scale industrial mine, maximizing resource extraction and efficiency.
  • Create significant employment opportunities for local communities and generate substantial tax revenue for the national economy.
  • Adhere to the highest standards of environmental sustainability and social responsibility in all operations.
  • Regulate and formalize artisanal mining activities in the region, improving safety and economic outcomes for local miners.
sustainable mining reclamation

Project Timeline

Feasibility Studies & PermittingQ3 2024

Completion of all geological surveys, environmental impact assessments, and securing of all necessary government permits.

Site Preparation & InfrastructureQ1 2025

Begin construction of the base camp, power plant, and water management systems. Initial ground-clearing for the processing plant.

Plant ConstructionQ3 2025

Commence construction of the ROM pad, processing plant, and ADR plant.

Commissioning & First OreQ2 2026

Begin commissioning of the processing plant and introduce the first batch of ore into the CIL circuit.

First Gold PourQ3 2026

Achieve the first successful gold pour and ramp-up to full production capacity.

Full-Scale Operation & Expansion2027+

Continuous operation at 17,850 tonnes/day and exploration for potential future expansion of the mining pit.

Location & Site Inventory

Geographic Position

Department of Karangasso Vigué, Province of Houet, Hauts-Bassins region, Burkina Faso.

burkina faso landscape
Geological Advantage

The site is situated within the Birimian greenstone belts of West Africa, a geological formation renowned for its significant gold deposits. The geology is favorable for open-pit mining, characterized by accessible faults and hydrothermal alteration zones. The average gold grade is estimated at 0.9 g/t, representing a substantial untapped resource.

Interactive Map

Technical Details

Ore Processing Method

Ore processing is conducted using the Carbon-in-Leach (CIL) method, a highly efficient technique for extracting gold from fine-grained ore. This process involves leaching gold with cyanide in agitated tanks and adsorbing it onto activated carbon.

17,850 t/d

Processing Capacity

88%

Recovery Rate

3.66 t/y

Annual Yield

CIL process diagram

Key Infrastructure

ROM PAD

Run-of-Mine Pad for initial ore stockpiling.

Processing Plant

The core facility housing the CIL circuit and other processing equipment.

ADR Plant

Adsorption, Desorption, and Recovery (ADR) plant for gold stripping from carbon.

Power Plant

Dedicated power infrastructure to ensure continuous, reliable operations.

Base Camp

On-site accommodation and facilities for personnel.

Water Management System

Advanced systems for water sourcing, recycling, and safe discharge.

Market Analysis

Market Environment

Burkina Faso's gold market is dynamic and holds significant potential, yet it remains relatively underexploited by structured, industrial-scale projects. Globally, demand for gold is rising sharply, with prices reaching record highs in 2024. This creates a highly favorable environment for new, well-managed mining operations like Kangala.

Global Gold Price Trend (USD/oz)

Financial Highlights & Investment Case

The Kangala Gold Mine project presents a compelling financial opportunity with robust projections and strong returns.

Internal Rate of Return (IRR)

36.55%

Demonstrating strong profitability and efficient use of capital.

Return on Investment (ROI)

2 years, 5 months

A rapid payback period highlighting the project's financial viability.

Net Present Value (NPV)

$150M+

Projected NPV over the life of the mine, indicating substantial long-term value.

Community engagement

Sustainability and Community Impact

This project is built on a foundation of responsibility. We are dedicated to creating a net-positive impact on the environment and the communities we operate in.

  • Environmental Stewardship

    Implementing comprehensive water recycling programs, progressive land reclamation, and biodiversity protection plans to minimize our ecological footprint.

  • Community Empowerment

    Prioritizing local hiring, investing in education and healthcare infrastructure, and creating sustainable economic opportunities beyond the life of the mine.

  • Formalizing Artisanal Mining

    Working to regulate and improve the safety and economic security of local artisanal miners, integrating them into a formal, fair, and transparent value chain.