2017

Mining commences at the Ramba Joring Pit. The end of 2017 sees the most successful production and exploration results in AGINCOURT RESOURCES’s history. The operation milled a record 5.35 Mt to produce 355,000 ounces of gold. The exploration and resource development program included 120k metres drilled by up to 15 rigs with Mineral Resources increasing to 8.9 million ounces gold and Ore Reserves increasing to 4.8 million ounces gold. Strong operating cash flows, increased reserves and a longer mine life enabled the Company to refinance its US$425 million senior debt with a longer tenor, lower interest rates and more avourable terms and conditions.

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