Kibali Gold Mine Tender

LOCATION Democratic Republic of the Congo Central AfricaScopeThe Kibali gold mine is situated 560km north-east of Kisangani in the Orientale province Democratic Republic of Congo DRC. Developed in an area of 1836km on the Moto goldfields the site is one of the largest gold mines in Africa. The open pit and underground integrated mining at Kibali was commissioned in September 2013 and the mine has a life of 18 years. The project is owned by Kibali Goldmines a joint venture JV of Barrick Gold Corporation 45 AngloGold Ashanti 45 and Socit Minire de Kilo-Moto SOK IMO 10. Project operator Barrick gained ownership of the mine through the acquisition of Randgold Resources in January 2019. Production at the mine commenced in September 2013 and the mine produced 814027oz of gold in 2019. The development cost of the mine was approximately 1.7bn. It is expected to produce 600000oz of gold per annum for the first 12 years. Conventional open-pit mining using the drill-blast-haul method is carried out at the KCD pushback 3 Kombokolo and Sessenge operational pits. The underground mine development took place by constructing a tunnel using the box cut method while creating a terrace for the processing plant. Long-hole stoping with a cemented paste backfilling method is used to mine the KCD underground. The integrated mine comprises of a twin-circuit sulphide and oxide plant with a combined capacity of 7.2 million tonnes per annum Mtpa three 44MW hydropower stations and a 32MW of standby high-speed thermal power generator as a backup to be used during the dry season. The mines average gold recovery rate is 88. It produced 807000oz of gold from 32Mt of ore graded at 3.45 grams per tonne gt in 2018. Construction works on the Kibali gold project began in April 2012. Approximately 200000m of land was shifted for the foundation of metallurgical plant and 800000m for the bulk earthworks. The underground mine was developed through a twin-decline system. The manufacturing of the mills and hydro turbines construction of the ROM pad a platform for the vertical shaft and the mine assay laboratory works were completed in 2012. Development of a 751m vertical production shaft for ramping underground mine production was completed in December 2017.Construction works on the Kibali gold project began in April 2012. Approximately 200000m of land was shifted for the foundation of metallurgical plant and 800000m for the bulk earthworks. The underground mine was developed through a twin-decline system. The manufacturing of the mills and hydro turbines construction of the ROM pad a platform for the vertical shaft and the mine assay laboratory works were completed in 2012. Development of a 751m vertical production shaft for ramping underground mine production was completed in December 2017.