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Africa Business News Thu, 9 Sep 2021

Guinea coup: AngloGold says Siguiri Mine operating normally

Société AngloGold Ashanti de Guinée S.A. (SAG), a subsidiary of AngloGold Ashanti (AGA), has said that the Siguiri Gold Mine in Guinea is currently operating normally.

AGA, in a statement, said it continues to monitor the situation in Guinea and remains in close contact with the leadership of the mine, which lies around 850km northeast of the country’s capital, Conakry.

The safety of employees remains a priority, AGA said.

Siguiri Gold Mine produced 117,000oz at an All in Sustaining Cost (AISC) of $1,225/oz for the six months ended 30 June 2021.

For the full year 2020, the mine produced 214,000oz at an AISC of $1,397/oz.
Source: classfmonline.com
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