Hiré, Ivory Coast
Operator : Allied Gold Corp. (89%), Government (10%), AFC (1%)
Acquisition Date : May 27, 2020 (Effective date: January 1, 2020)
- Until Bonikro produces 650,000 ounces of gold:
- 6% of production
- Following the delivery of 39,000 ounces of gold and until 61,750 ounces gold delivered:
- 3.5% of production
- Following the delivery of 61,750 ounces of gold:
- 2% of production
- Subject to an ongoing payment of US$400 per ounce
The Bonikro mine consists of two primary areas namely Bonikro (37 KM2 mining licence) and Hiré (195 KM2 mining licence). Dougbafla is in the process of being converted from an exploration licence into a mining licence.
Gold has been produced from the Bonikro open pit and through the Bonikro CIL plant since 2008 over 1 million ounces have been produced from Bonikro and Hiré.
Hiré is a collection of three deposits and open pits, that are approximately 5 km from the Bonikro mine and utilise the same Bonikro processing plant.