Tasiast Project
Tasiast
Country Mauritania 
Close to Nouakschott
Status PRODUCTION 
Surface 16,222 km² / 4,008,456 acres
Latitude / Longitude 20 N 35 / 15 W 30
Legends
Valorisation
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Produces Gold -
Develops
Explores for
Last updated on 3/2/2010 - Terms of Use
Risk and valuation analysis of the Tasiast Project
Status Risk : Production
    Link to technical report
Title(s) of the Tasiast Project
Kinross Gold Corporation
Interest: 100%
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Rio Narcea Gold Mines, Ltd. acquired the Tasiast project through an amalgamation with Defiance Mining Corporation, which was finalized on September 3, 2004 (refer to press releases dated June 30, September 1, and September 3, 2004). The Company holds more...
Franco Nevada Corp.
Net Smelter Return: 2%
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Location of the Tasiast Project
The Tasiast project is easily accessible from Spain with the Canary Islands (part of Spain) situated to the northwest of Mauritania. The project is located in northern Mauritania approximately 300 kilometers north of the capital city Nouakchott and 1 more...
 
History of the Tasiast Project
The area was initially explored by the Office Mauritanien de Recherches Geologiques (OMRG) from 1993 to 1996 as part of the European Development Fund Project (EDF). The exploration properties, including Tasiast, were acquired in 1996 by Normandy LaSo more...
 
Geology of the Tasiast Project
Gold occurs both in intensely altered BIF and in and around quartz carbonate veins and veinlets associated with pyrrhotite. Gold is typically located in around the sulfide grains or in the veins but only rarely within the grains. In late 2004, Rio Na more...
 
Production history
Metal20092008
GOLD (oz)158,6602,280,000
Production
6/11/2012(Kinross Gold)Kinross announces Tasiast work stoppage ends and production ...
Exploration and drilling
9/18/2017(Kinross Gold)to proceed with Tasiast Phase Two and Round Mountain Phase W...
6/20/2016(Kinross Gold)Temporarily Suspends Mining and Processing Operations at the...
6/13/2016(Kinross Gold)Announces End of Strike at Tasiast Mine
3/30/2016(Kinross Gold)to Proceed With Phase One of Tasiast Expansion
9/21/2015(Kinross Gold)Kinross Gold struggling to reverse losses at Mauritania’s Ta...
8/19/2013(Kinross Gold)Kinross announces end of strike at Tasiast mine
8/8/2013(Kinross Gold)Unionized employees strike at Tasiast mine
7/12/2012(Kinross Gold)Chartered Aircraft Crashes Enroute to Tasiast Mine, Killing ...
5/22/2011(Kinross Gold)Unionized Workers at Tasiast Return Following Brief Work Sto...
11/30/2010(Kinross Gold)Kinross announces $10 million commitment to develop Mining S...
9/15/2009(Red Back)significant increase in both Proven and Probable Reserves
8/31/2009(Red Back)Tasiast Exploration and Operations Update
2/23/2009(Red Back)ACHIEVES RECORD PRODUCTION IN Q4 2008 AT $393 PER OZ CASH OP...
1/13/2009(Red Back)2008 PRODUCTION 76% ABOVE 2007, 2009 PRODUCTION TO GROW BY A...
6/12/2008(Red Back)TASIAST UPDATE
12/3/2007(Red Back)ANNOUNCES MAJOR EXPANSION PLANS FOR TASIAST GOLD MINE IN MAU...
Discoveries and Drilling Results
3/2/2010(Red Back)Reserves grow by 64% to 5.0 Million oz
4/23/2009(Red Back)New discovery in mauritania
3/23/2009(Red Back)39% INCREASE IN TASIAST RESERVES (119% SINCE AUGUST 2007)
11/18/2008(Red Back)REACHES AKWAABA DEEPS ORE AND MAKES NEW DISCOVERY AT TASIAST
11/18/2008(Red Back)Reaches Akwaaba Deeps Ore and Makes New Discovery at Tasiast
4/7/2008(Red Back)RESERVES INCREASE BY 58% AT TASIAST
2/25/2008(Red Back)63% INCREASE IN MEASURED AND INDICATED RESOURCES AT TASIAST
Location
Data last updated on : 9/30/2010
Disclaimer
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