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TASIAST
Tasiast Mine - A Catalyst for Economic Growth in Mauritania
Kinross Tasiast : A Major Contributor to Mauritania's Economic and Social Development
The Tasiast Mine, located in Mauritania, is one of the largest mines in the country, and Kinross has invested more than 600 million USD to make it a world-class mine. The mine employs approximately 2400 Mauritanians and is an important contributor to the country's social and economic development.
1- The Tasiast Mine is located in the north-western region of Inchiri in Mauritania, 300 kilometers from the capital, Nouakchott.
2- Kinross acquired the mine in 2010 and has operated it since through its subsidiary Tasiast Mauritania Limited S.A. (TMLSA).
3- Kinross has invested more than 600 million USD in major infrastructure at Tasiast to make it a world-class mine.
4- Tasiast employs approximately 2400 Mauritanians through TMLSA and its contractors.
5- Tasiast is an important contributor to the social and economic development of Mauritania.
Kinross Successfully Expands Tasiast Gold Mine, Boosting Production and Lowering Costs
Kinross announced an expansion project for the Tasiast gold mine in Mauritania in 2016, which has been successfully completed. The project was carried out in two phases, and has increased production, lowered costs and made the mine viable and sustainable in the long term. Phase one cost approximately $300 million and increased mill throughput from 8,000 to 12,000 tonnes per day. Full production capacity for phase one was achieved in the first quarter of 2018, with a possible extension to the second quarter. Following the success of phase one, Kinross received approval for phase two, which further expanded ore treatment capacity to 30,000 tonnes per day, with estimated development costs of $620 million.
The Process of Gold Production at Tasiast Mine, Mauritania
The Tasiast Mine in Mauritania produces gold through a two-step process. First, drilling holes at the bottom of the pit, detonating charges, and loading ore onto trucks that are transported to different locations depending on the ore's grade. High-grade ore is sent to the CIL plant, low-grade ore is stacked on dump leach pads, and barren ore is deposited separately. Second, the ore is processed through crushing, milling, and chemical treatment to extract the gold particles. The enriched solution is then pumped to the electrowinning cell to plate the gold onto the cathode, which is then removed, filtered, and dried to be smelted into bullion.
1- Drill holes on the delimited area at the bottom of the pit and detonate charges to break the rock containing the ore.
2- Load the blasted ore onto trucks and transport it to different locations depending on the grade of the ore.
3- Kinross has invested more than 600 million USD in major infrastructure at Tasiast to make it a world-class mine.
4- Extract the gold particles from the pulp by using chemicals through the leach and the elution circuits in the CIL plant.
5- Pump the enriched solution containing gold particles to the electrowinning cell and plate the gold to the cathode.
6- Remove the plated gold, filter, and dry it to thereafter be smelted to bullion.
Kinross Tasiast Economic Contribution and Community Development Efforts in Mauritania
Kinross' subsidiary Tasiast Mauritania Limited SA (TMLSA) as a significant economic partner and one of the largest job providers in Mauritania. The company strives to be a reliable development partner to the host country and aligns its business plans with the development goals of the region for mutually beneficial outcomes. TMLSA has spent over 1.7 billion USD in Mauritania, including direct contributions to the state budget, salaries and compensation for employees, and contracts with Mauritanian suppliers. The company has invested over 20 million USD to train its Mauritanian employees and support the development of Mauritania's mining industry. TMLSA prioritizes the health and safety of its employees and provides support for the creation of the National Mining School and internships at Tasiast.
Kinross TMLSA's Corporate Responsibility Efforts in Mauritania
Kinross TMLSA prioritizes maintaining a social license to operate in Mauritania by implementing a community relations strategy focused on generating sustainable outcomes for communities around the Tasiast mine. The company has invested over $8 million in social projects since 2011 and has been recognized for its high standards in social responsibility.
Important Points:
1- TMLSA's community relations strategy includes listening to and supporting communities' development needs and goals.
2-Kinross' corporate responsibility strategy takes a life-of-mine perspective, with social programs focused on generating sustainable community outcomes.
3- The company has invested over $8 million in social projects since 2011, with initiatives for education, access to health services, and income-generating activities.
4- TMLSA has partnered with local NGOs and donated medical equipment and supplies to health facilities across Mauritania.
5- The company has implemented veterinary programs and a water supply program for local communities.
6- Kinross has been recognized for its high standards in social responsibility, being named one of Canada's Best 50 Corporate Citizens for seven consecutive years.
Environmental and Chemical Management at KINROSS TMLSA
TMLSA operates in compliance with national and international environmental standards, using the International Environment Standard ISO 140001. They follow a 4R system to reduce waste and invest in modern infrastructure for water treatment and solid waste management at the Tasiast mine. The use of cyanide is strictly controlled and managed according to international standards. TMLSA is committed to transparency and ethical conduct, endorsing the Extractive Industries Transparency Initiative and the International Cyanide Management Code.
Important Points:
* TMLSA follows environmental standards and uses the ISO 140001
* They use a 4R system to reduce waste
* TMLSA invests in modern infrastructure for water treatment and solid waste management
* Cyanide use is strictly controlled and managed according to international standards
* The company has implemented veterinary programs and a water supply program for local communities.
* TMLSA endorses the Extractive Industries Transparency Initiative and the International Cyanide Management Code
* TMLSA is committed to transparency and ethical conduct
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