We use all in sustaining costs of $700 per ounce for the

July 18, 2014

Our model assumes all in sustaining costs of $600 per ounce for the first even years of mine life, considering operating cash costs will average $418 per ounce during that period. We use all in sustaining costs of $700 per ounce for the remainder of the mine life. Our model estimates Fekola to yield life of mine (LOM) revenues of $4.1 billion or $327 million per annum..

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