Roxgold is a gold mining company with its key asset, the Yaramoko Gold Mine, located in the Houndé greenstone belt of Burkina Faso, West Africa. The Company declared commercial production as of October 1, 2016.
The 55 Zone mine is currently in production and is expected to produce 110,000 to 120,000 ounces of gold in 2018.
Bagassi South, the Company’s first growth project is currently in development with first ore expected in the fourth quarter of 2018. The Feasibility Study outlines an after-tax IRR of 53.2% with a 1.8 year payback on initial capital, based on a gold price of $1,300 per ounce.
Roxgold trades on the Toronto Stock Exchange under the ticker symbol ROXG.