West Africa’s newest unhedged gold producer

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Tietto Minerals (ASX: TIE) is West Africa’s newest gold producer, achieving first gold at its Abujar Gold Project in Côte d’Ivoire in January 2023.

Abujar forecasts gold production and cost guidance for the six months from 1 July to 31 December 2023 of 105,000 to 120,000 ounces gold at an all-in sustaining cost (AISC) of US$875 to US$975 per ounce. Abujar gold production is unhedged.

Abujar has a current mine life of 11 years with estimated Mineral Resources of 3.83Moz gold, and there is scope for Tietto to extend this with further near-mine and regional exploration success.

Tietto is investigating the viability of a second gold mine at the APG deposit, 7km from its Abujar operations.

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