We are a young and ambitious company, striving to become a best-in-class gold miner in terms of efficiency and the quality of our asset portfolio. We generate value for our stakeholders through sustainable growth.
The Company with:
An international portfolio of high quality and long life assets
Leading operating practices and an absolute focus on safety
The best and brightest talent
Full commitment to sustainable development
Respect
We place a great deal of value on people and creating an atmosphere of mutual respect and dialogue.
Safety
We never compromise employee safety.
Efficiency
We are committed to the highest working and management standards to ensure sustained growth of the business and achieve our long-term targets.
Collaboration
We value the trust of all our stakeholders and strive to create a positive working environment.
Strategic Advantages
Focus on Cash
Management and Costs
High Quality
Pipeline
Nordgold will seek to develop the existing pipeline of high quality greenfield and brownfield projects through carefully selected investments.
To supplement the organic growth pipeline, Nordgold will also seek to capitalise on other opportunities through the evaluation of potential purchases of premium-quality reserves and resources, which comply with our project criteria, to further enhance our reserve base.
Proven Track Record
of Delivering
Nordgold has an extensive international pipeline of low cost development projects and a proven track record of greenfield development. Nordgold expanded its flagship Bissa mine with the launch of a heap leach operation at the nearby Boulydeposit in September 2016. Construction of Bouly was completed on time and under budget. The mine reached its full capacity in November 2016, just two months after launch.In 2017, Bouly produced approximately 124.2 koz agains plan of 110 koz
Gross, located in southwestern Yakutia, Russia, is another development project. Gross is expected to mine approximately12 million tonnes of ore and to produce more than 200 koz of gold per year at full production for 17 years.Nordgold started Gross construction in early June 2016 with production expected to start in mid 2018.
Nordgold is also progressing the Montagne d’Orproject in French Guiana. Finalized in March 2017, the Feasibility Study for the Montagne d’Or project demonstrated positive economic data. Environmental and Social Impact Assessment reports have been provided by consultants in draft form in Q4 2017. The reports will be finalized following review by the company and input from the public debate in French Guiana, which will occur in March-June 2018. The company plans to apply for construction and mining authorizations in H2 2018.
Nordgold signed contract with SRK Denver to complete a pre-feasibility study for Uryakhadvanced exploration project in the Irkutsk region of Russia that is expected to be delivered in Q4 2018. Based on current estimates production at Uryakh could begin as early as 2022.
At Pistol Bay, regional exploration mapping, glacial till sampling, and a drilling program were undertaken in 2017.
Commitment
to best practice
