Baomahun Gold Project
Developing a World Class Gold Asset In Sierra Leone
The Baomahun Gold Project is set to become Sierra Leone’s first large scale commercial gold mine. Covering a land area of 124.27km², Baomahun has a JORC certified resource of 5.81Moz of gold across both open pit and underground mining, making it one of the largest gold development projects in Africa.
With all mining permits and environmental licenses granted, the project is currently in construction phase with first gold pour set for 2025.
The Baomahun project offers an exciting opportunity to unlock the vast untapped gold reserves in this prolific belt.
Project Location
The Sierra Leone Opportunity
The Baomahun Gold Project is situated approximately 200km east of the capital Freetown, in the Valunia and Kunike Barina Chiefdoms in the Bo and Tonkolili Districts respectively. Our host community is the village of Baomahun, which is home to a population of approximately 7,000 people. The provincial capital of Bo, home to approximately 500,000 people, is approximately 60km south of the project.
Sierra Leone is an emerging gold jurisdiction, with strong government support for mining investment recognizing its flow-on benefits including employment creation, skills development, and economic growth. The country’s stable political environment, burgeoning supply chain and good access to labour provide Sierra Leone with the potential to become Africa’s next minerals hub.
Resources and Reserves
Timeline to Production
Early-stage preparatory site works to establish basic infrastructure commenced in Q3 2021 with large scale mining licence awarded by Government in Sierra Leone and environmental permits approved. Confirmatory drilling and feasibility studies concluded in Q4 2022. Early works and construction activities commenced in Q1, 2023, with the first gold pour set for 2025.
Supporting Infrastructure
The Baomahun Gold Project will include significant investment in new site infrastructure – from worker accommodation to processing facilities, power generation, roads, airstrip, and tailings and water management facilities.
With the project area home to some challenging terrain including hill crests, valley swamps and waterways, our highly experienced team is working to employ the highest quality environmental protection practices.
Power Generation
34MW Power Generation including Solar PV, Battery Energy Storage Systems & Diesel Generators
Site Access
64km site access road and airstrip
Accommodation
200-person camp onsite
Mineral Processing
2.5mtpa CIL processing plant
Mine Water and Tailings Management
Mine Water Management Plan outlines best practice approach for water management onsite. Tailings Storage Facility designed to exceed modern standards.