Taparko Project
Taparko
Country Burkina Faso 
Close to Taparko
Status PRODUCTION 
Latitude / Longitude 13 N 17 / 0 E 22
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Produces Gold -
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Last updated on 4/1/2011 - Terms of Use
Risk and valuation analysis of the Taparko Project
Status Risk : Production
Country Risk : Moderate
Title(s) of the Taparko Project
High River Gold Mines Ltd.
Owner: 90%
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High River Gold Mines Ltd., through its Burkinabe subsidiary Société des Mines de Taparko (Somita SA), is currently constructing the first new gold mine in Burkina Faso, West Africa. In August 2004, with the granting of the exploitation permit for Taparko, High River increased its interest to 90% in the project and the Government of Burkina Faso held a 10% carried interest.
Royal Gold Inc.
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Royal Gold holds two initial concurrent production payments, both equivalent to GSR royalties, and two subsequent GSR royalties at the Taparko mine. The first GSR royalty (“TB-GSR1”) is fixed at a rate of 15.0%. The second GSR royalty (“TB-GSR2”) more...
Location of the Taparko Project
The Taparko-Bouroum project is located 200 km northeast of the capital of Ouagadougou, with the Bouroum satellite deposit approximately 50 kilometres northwest of Taparko.
 
History of the Taparko Project
The original discovery at Taparko was made in 1980 by the Burkina Faso Government department of geology and mining (BUMIGEB). High River and an associate entered into a joint venture agreement for the Taparko property in August 1993 and were granted  more...
 
Geology of the Taparko Project
The Taparko-Bouroum project lies within the early Proterozoic Birimian greenstone belts of the West African Craton, which extend into Mali and Ghana hosting such multi-million ounce deposits as Obuasi (Ghana), Sadiola (Mali) and Morilla (Mali). The T more...
 
Production history
Metal20102009
GOLD (oz)127,68499,536
Location
Data last updated on : 1/31/2011
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