Kibali gold mine, one of world’s biggest, opened officially
By GCRU Gold News on Monday, May 5 2014, 18:55 - Permalink
Kibali will be, when it reaches full capacity, one of the world’s largest gold mines.
Kibali represents an investment of more than $2.5 billion by Randgold Resources and AngloGold Ashanti and while still a work in progress - it is both an operating mine and a development project - Kibali produced 88,200 ounces of gold and made a profit from mining, before interest, tax and depreciation, of $68.3 million in the three months to December, its first production quarter.