Sunday, January 21, 2018

Teranga Gold Corp. - TGZ.t

Teranga Gold Corp. - TGZ.t operates the flagship Sabodala gold mine, which came into operation in 2009, and is located 650 kilometres southeast of the capital of Senegal, Dakar.

On January 10, 2018 the company released News

Teranga Gold Corporation ("Teranga" or the "Company") (TSX: TGZ, OTCQX:TGCDF) is pleased to report record gold production of 233,267 ounces in 2017, exceeding the high end of its annual production guidance range of 205,000 to 225,000 ounces. Due to higher production and gold prices, the Company ended the year with a strong cash position of approximately $88 million, an increase of $15 million from September 30, 2017.