Building a Mid-Tier Gold Producer
Stock Code: TSX: TGZ; OTCQX:TGCDF
Company Exposure: Gold
Project Locations: Senegal, Burkina Faso, Cote d’lvoire
Teranga is a Canadian-based gold producer with two producing mines and multiple exploration projects on a land package totaling approximately 6,400 km2 located on prospective gold belts in West Africa.
Since its initial public offering in 2010, Teranga has produced more than 1.8Moz of gold from Sabodala, its flagship operation in Senegal. Focused on growth and diversification, the Company recently commissioned its second mine, Wahgnion, and is also conducting exploration programs in three countries: Burkina Faso, Senegal and Côte d’Ivoire.
The Company had a total reserve base of more than 4.0Moz of gold from its Sabodala and Wahgnion operations as of December 31, 2018. With gold production of 245koz at Sabodala in 2018, Teranga achieved its third consecutive year of record production.
Steadfast in its commitment to set the benchmark for responsible mining, Teranga operates in accordance with international standards and best practices. The Company’s vision is to create value for all stakeholders through responsible mining and by setting the benchmark for corporate social responsibility. The Company was awarded the 2017 Environmental and Social Responsibility Award from the Prospectors & Developers Association of Canada.