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Operations Overview

Our Countries of Operation

Amara has assets at all stages of the development pipeline and across four countries in West Africa.

Yaoure and Baomahun are Amara's growth projects.  Yaoure is a pre-feasibility stage project in Côte d’Ivoire.  A Preliminary Economic Assessment (PEA) was delivered in Q1 2014, confirming strong returns and large scale production (averaging 325,000oz/annum) at a low total cash cost (US$655/oz) over a 12 year life.  It is projected to be one of the top 10 largest gold mines in Africa and top 50 in the world.

Baomahun is a feasibility stage project in Sierra Leone.  The Feasibility Study for the project was completed in Q2 2013 and generated average annual production of 93,460 ounces at a total cash cost of US$799/oz over an 11.5 year life of mine. 

Kalsaka/Sega is a producing mine in Burkina Faso, which is expected to produce approximately 60,000 ounces of gold in 2014 and produced 42,348 ounces of gold in 2013. It generates cash flow, which funds Amara's general and administrative (G&A) costs and underpins the Company's exploration expenditure across West Africa.

Amara owns three early-stage exploration licences in Liberia: Cestos, Kle Kle and Zwedru. Cestos is the most advanced of the three, with encouraging results received from drilling and trenching.

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