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Contact center: +254 (020) 682 1294 OR (+243) 977 497 392 - Email: info@twangizagold.com

Large World Class Asset

The Company’s flagship project is the fully financed, permitted, multi-million ounce Twangiza Gold Mine located in DR Congo, West Africa. The Project has a gold resource base of 7.9Moz (M&I) and reserves of 5.2Moz (P&P).

Low Cost Production

The Twangiza Gold Mine is being developed in phases. Construction of Phase 1 was recently completed, within budget and a month ahead of schedule. Gold production commenced in January 2016 and the operation is ramping up to steady-state production, which is expected in Q2 2016. The project is fully funded with a debt facility of US$150 million.

Organic Expansion

The proposed Phase 2 expansion has the potential to increase production to ±410,000oz/yr, ranking the Twangiza Gold Mine in the top 10 gold mines on the African continent. A DFS is due to be published in Q3 2016. A PFS on Phase 2 was published in May 2015, outlining attractive project economics and low operating costs.

Stable Mining Jurisdiction

DR Congo is a well known mining jurisdiction with a long history of gold production and a highly trained workforce. The country is Africa’s 2nd largest gold producer and the world’s 8th largest. DR Congo is a stable and functioning democracy, the next elections are due in December 2016.

Respected Management Team

Twangiza is managed by a highly skilled and successful team of technical, operational and financial professionals who are experienced in mine building and managing large mining operations and have a proven track record of delivery shareholder returns.

Responsible Business

The Company is strongly committed to the highest standards for environmental management, social responsibility, and health and safety for its employees and the neighbouring communities.

 

Our Services

 

Supply of gold bullion, dust & nuggets:

We have a proven track record for the consistent supply of pure, unrefined gold ore in its finest form. This consistency we achieve not only in the course of our mining production, but also in the resale and purchase of gold ore.

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Gold Assaying:

We provide independent assay services at our office to external bodies’ intent on establishing gold composition and fineness before purchase and / or sale.

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Refining services:

We offer refining services to would-be and gold owners, purifying the composition of each and every ounce, to achieve 999.9% purity.

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Smelting services:

We offer smelting services for 1 kilo-bar and 12.5 kilo-bar size respectively, also for Jewelry and gold coin.

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