[miningmx.com] – TONGON, the Cote d’Ivoire mine owned by Randgold Resources, would come within 10% of its targeted output of 260,000 ounces in the 2014 financial year, said the UK-listed gold producer.
“By early next year Tongon should have achieved its targeted performance levels,” said Mark Bristow, CEO of Randgold Resources.
“Despite the setbacks and challenges the management team has had to contend with, the mine should come within 10% of its production guidance of 260 000 ounces for 2014, with costs well contained,’ he said.
Addressing media, Bristow added that infill drilling in the mine’s south pit had confirmed the potential for increasing the resource and the mineable reserve to replace ounces depleted during the year.
