Teranga Gold Corp. today reported financial, operating and development results for the three months ended March 31, 2020. FIRST QUARTER 2020 HIGHLIGHTS Three months ended March 31, 2020 compared to three months ended March 31, 2019 27% increase in consolidated gold production to 91,312 ounces, driven by a strong first full quarter of operations at [...]
Teranga Gold Corp. will release its first quarter 2020 financial and operating results on Thursday, May 14, 2020 at approximately 6:00 a.m. ET. A conference call and webcast will follow at 8:30 a.m. ET during which management will review the Company’s results and discuss the quarter’s highlights. Those wishing to listen can access the conference [...]
Teranga Gold Corp. today announced the appointment of Simon Bottoms, MGeol, FGS CGeol, FAusIMM, to the Company’s board of directors, effective immediately. Mr. Bottoms was nominated to join Teranga’s board of directors by Barrick Gold Corp. , the Company’s second largest shareholder. Pursuant to the terms of an investor agreement related to the [...]
Q1 2020 consolidated gold production expected to be in the range of 85,000 to 90,000 ounces Integration of the high-grade Massawa project is proceeding on schedule and Massawa ore is expected to be processed through the Sabodala mill in Q3 2020 No confirmed cases of COVID-19 at the Company?s operations or offices Sabodala and Wahgnion have enacted [...]
Teranga Gold Corp. today announced that it has completed the previously announced acquisition of a 90% interest in the Massawa Gold Project from a wholly-owned subsidiary of Barrick Gold Corp. and its joint venture partner, Compagnie Sénégalaise de Transports Transatlantiques Afrique de l’Ouest SA , with the Government of [...]
Teranga Gold Corp. today reported its operating, financial and development results for the three and twelve months ended December 31, 2019. FOURTH QUARTER 2019 HIGHLIGHTS Three months ended December 31, 2019 compared to the three months ended December 31, 2018 Gold production for the fourth quarter increased by 54% to a record 91,411 ounces [...]
Teranga Gold Corp. today announced that Barrick Gold Corp. and Teranga have obtained certain key approvals from the Government of Senegal in order to proceed to close the previously announced acquisition of a 90% interest in the Massawa Gold Project from a wholly-owned subsidiary of Barrick and its joint venture partner, Compagnie [...]
Teranga Gold Corp. will release its fourth quarter and 2019 year-end financial and operating results on Friday, February 21, 2020 at approximately 6:00 a.m. ET. A conference call and webcast will follow at 8:30 a.m. ET during which management will review the Company’s results and discuss the fourth quarter and year-end highlights. Those [...]
Teranga Gold Corp. is pleased to announce strong results from its ongoing drilling program at Golden Hill, located within the central part of the Houndé Greenstone Belt, a highly mineralized gold region that hosts three operating gold mines in southwest Burkina Faso, West Africa. Golden Hill, which is 100% owned by Teranga, is an [...]
Teranga Gold Corp. is pleased to report record consolidated gold production of 288,768 ounces for 2019, exceeding the top end of its full-year production guidance at both Sabodala in Senegal and at Wahgnion in Burkina Faso. Annual production increased by 18% over the 245,230 ounces of gold produced in 2018. 2019 Production Results “Wahgnion [...]
Teranga Gold Corp. is pleased to announce it has completed its previously announced bought deal public offering of 27,451,000 subscription receipts at a price of C$5.10 per Subscription Receipt for gross proceeds of approximately C$140 million . The Offering was completed in connection with the proposed acquisition by Teranga of a 90% interest in [...]
Massawa to transform neighbouring Sabodala into top tier complex, and extend mine life with higher grade CDN$140 million bought deal equity offering announced Teranga Gold Corp. has entered into a definitive agreement pursuant to which it will acquire a 90% interest in the Massawa Gold Project from a wholly-owned subsidiary of [...]
