CAPITAL MARKETS

Equigold eyes 350,000ozpa

EQUIGOLD believes it’s on its way to annualised production of 350,000 ounces and surplus operational cash flow of more than $100 million in 2006-07 based on the anticipated development next year of the US$45 million Bonikro project in the West African country of Cote d'Ivoire.

Michael Quinn
Equigold eyes 350,000ozpa

According to director and CFO Mark Clark, Bonikro is looking like a single pit development that will yield 800,000 to 1 million ounces over a six year mine life, with a 2 million tonnes per annum plant...

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