Bonikro in Côte d'Ivoire, West Africa, is owned and operated by LGL Mines CI SA, an Ivorian company 89.89 per cent owned by Newcrest. It is located approximately 250 kilometres north-west of the nation’s commercial capital, Abidjan.
Bonikro produces gold doré. It is a conventional truck and excavator open pit mine. The predominant method of gold recovery is via carbon in leach technology, with some gold recovered via a gravity circuit.
First gold was poured in October 2008. In the financial year ending 30 June 2014, 94,994 ounces of gold was produced.
At Bonikro potential exists to increase the mine life by discovering additional satellite deposits that may be processed through the Bonikro facility. Mining at the Hire Deposit (12 kilometers South-East of Bonikro) commenced in late 2014 and further exploration is being undertaken to identify new deposits within a 30 kilometers radius of Bonikro. Three mining licences are held by Newcrest in the Bonikro near-mine area.
In addition to the Bonikro near-mine area, Newcrest has interests in some 3000 square kilometers of regional tenements and tenement applications within Cote d’Ivoire. Recent consolidation of the tenement package has resulted in focused activity on the most prospective tenements which are all located within highly prospective Birimian greenstone terranes. Newcrest has a committed exploration campaign in Cote d’Ivoire, aimed at discovering a major gold resource.
Newcrest has also established a West African generative group which is currently assessing a range of gold and copper opportunities across the region from greenfields projects right through to producing assets.
Bonikro is a major contributor to the local economy employing around 1,000 local employees and contractors, and injecting significant benefits into the local, regional and national economy through operating supplies, wages, sustainable development projects, enhancement of local infrastructure and donations. Newcrest aims to leave a positive legacy in Côte d’Ivoire by creating jobs and improving living standards for Ivoirians.
An agreement was signed with the United Nation Development Program (UNDP) to develop and implement a sustainable community development program in the Bonikro area through a partnership that will ensure financial leverage from other donors. Implementation of the partnership started in January 2012 with the UNDP agreeing to a local development plan in collaboration with all the stakeholders.