Search Site


Boto Gold Project, Senegal


Senegal, West Africa


90% IAMGOLD; 10% Government of Senegal

Project Status

Feasibility Study announced October 22, 2018

Reserves and Resources (Attributable Basis)

  • Total Proven and Probable Reserves of 1.7 million ounces.
  • Total Indicated Resources (inclusive of Reserves) of 2.2 million ounces.
  • Total Inferred Resources of 0.1 million ounces.

Project Highlights

Project Economics and Key Parameters
Mining Capacity 18.2 Mtpa
Milling Capacity 2.75 Mtpa
LOM Average Annual Gold Production 140,000 oz.
LOM Average Recovery Rate 89.5%
Mine Life 12.8 years
LOM Average Total Cash Costs $714/oz
LOM Average AISC $753/oz
Average Grade 1.71 g/t Au
Average LOM Strip Ratio 5.8:1
Estimated Capital Expenditure
Initial Capital $254 million
Sustaining Capital $66 million
Closure Costs $63 million
Gold Price Assumption used in financial analysis $1,250/oz
After-tax NPV (6%) $261 million
After-tax IRR 23.0%
Payback Period 3.4 years

€ /US$ exchange rate of 1:1.20; Oil price of $75 per barrel

News Alerts

Email Address *