Producing

Bonikro

Ag
Au
Allied Gold Corporation
Goh-Djiboua

,

Cote d'Ivoire

Acquisition:

2022 / 08 / 15

Agreement:

Stream

Terms:

6% Au until 39 koz delivered; then
3.5% Au until 61,750 oz delivered; then
2% Au thereafter

Ongoing Payment:

$400/oz

Bonikro is a producing gold-silver mine located in Cotê d’Ivoire. The Bonikro mine is located approximately 67 km south of Yamassoukro, the political capital of Cotê d’Ivoire, and approximately 240 km northwest from Abidjan, the commercial capital of the country.

The Bonikro operation consists of two primary areas—the Bonikro mining license and the Hiré mining license. Gold has been produced from the Bonikro open pit and through the Bonikro carbon-in-leach (CIL) plant since 2008 and over 1.0 Moz have been produced from Bonikro and Hiré. Hiré is a collection of three deposits and open pits that are approximately 5.0 kilometres from the Bonikro mine and utilize the same Bonikro processing plant. Production in the last few quarters of 2021 was focused on the Hiré pits.

In September 2023, mineral resources for Bonikro were reported by Allied Gold Corporation. As of December 31, 2022, Proven & Probable Reserves were 15.4 Mt grading 1.3 g/t Au containing 645 koz Au  based on an open pit cut-off grade ranging from 0.6 – 0.85 g/t within  Measured & Indicated Resources of 24.7 Mt grading 1.4 g/t Au containing 1,091 koz Au (0.5 g/t Au open pit cut-off). The Mineral Resources are inclusive of Mineral Reserves.

Recent Activity

September 2023

Allied Gold Corporation completed its previously announced business combination and announced it commenced trading on the TSX Exchange on September 11. Allied Gold recently completed a financing raising over US$200 million and is led by former Yamana Gold management.

Use the link below to browse a list of available technical reports for the projects within Sandstorm’s portfolio. For the most up-to-date information on each project, please refer to the project operator or developer.

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Asset Handbook

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Annual Report

Our 2023 Annual Report includes our annual Financial Statements and Management Discussion & Analysis and a letter from Sandstorm’s President & CEO.

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Sustainability Report

Learn more about Sandstorm’s approach to sustainability including our due diligence process, mining partnerships, and employee engagement.

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