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Toubani Advances Kobada Gold Project with Strong DFS and Mali Government Talks
9:41am on Tuesday 28th of January, 2025 AEDT
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Mining
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Toubani Advances Kobada Gold Project with Strong DFS and Mali Government Talks
9:41am on Tuesday 28th of January, 2025 AEDT
Key Points
2024 DFS confirms Kobada as a large-scale, low-cost gold project
Post-tax NPV8% of US$635 million and IRR of 58% at US$2,200/oz gold price
Ore Reserves of 1.56 million ounces with 162,000oz annual production over 9 years
Ongoing MoU negotiations with Mali government to secure investment framework
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