Following completion of construction works, Managem announced it has poured first gold bar at its Tri-K mine located in Guinea.
Being one of the largest operations of Managem Group in the gold business with an updated reserve totaling over 1,565,000 oz of gold, Tri-K Gold Mine is expected to produce 130,000 oz of gold per year.
The mining method of the project will be open pit and the processing method carbon in leach (CIL). The current expected life of the mine is 12 years. The mine is expected to provide 800 direct jobs and 1,500 indirect jobs opportunities.
Imad Toumi, Chairman and CEO of Managem Group said: “The first gold bar poured at Tri-K is an important milestone in strengthening our gold strategy in Africa. I would like to congratulate all of the team, in Guinea and Morocco, who made this flagship mine a reality, they remained motivated and committed despite the difficulties caused by the COVID-19 pandemic. Tri-K mine is a testament to the expertise and opera-tional excellence of all our teams, as well as the support of local communities.”
