BISSA, BURKINA FASO — Just 15 months after starting construction, Nordgold (NORD-L) has entered production at its Bissa open-pit gold mine in Burkina Faso, located in the rural commune of Sabce, 100 km north of the capital Ouagadougou.
The mid-tier Russian gold miner had an opening ceremony at Bissa in mid-January, attended by Nordgold executives and officials from the Burkinabé government, including Prime Minister Luc-Adolphe Tiao.
Nordgold expects the US$250-million mine to produce 100,000 oz. gold this year and ramp-up to 150,000 to 200,000 oz. gold annually when it reaches peak annual production of 4 million tonnes over the next few years. Mine life is set at a minimum 10 years.
The mine is comprised of five open pits spread over 5.5 km of the northeast-trending mineralized zone, near a national highway. The majority of the Bissa ore is weathered saprolite under a layer of laterite, all of which is relatively easy to mine and process.
The 12,000-tonne-per-day mill uses crushing, semi-autogenous grinding and ball milling and conventional carbon-in-leach recovery. The total workforce is 590 people.
The mine has been built according to the most advanced engineering and safety standards, Nordgold’s CEO Nikolai Zelensky said at the ceremony. “Bissa will be one of our largest production facilities, and a vital part of Nordgold’s international expansion strategy.”
Nordgold chairman Philip Baum echoed that sentiment, saying that Bissa’s first gold is “an important milestone for us . . . it clearly demonstrates our team’s ability to develop these significant projects.”
According to an April 24, 2012, press release, as of January 2012, proven and probable reserves at Bissa were 29 million tonnes grading 1.83 grams gold per tonne, for 1.7 million contained oz. gold. A further 75.8 million tonnes at 1.23 grams gold stood in the measured-and-indicated resource category for 3 million contained oz. gold, while another 63.3 million tonnes at 0.95 gram gold were classified as inferred, for 1.9 million contained oz. gold. That’s a hefty 6.6 million contained oz. gold in total.