Teranga Gold

Website: www.terangagold.com
Primary ticker: TSX:TGZ
Stage of development: Exploration, Development, Production
Primary minerals: Gold
Project to promote: Sabodala Gold Mine, Wahgnion Development Project, and Golden Hill Advanced Exploration Project

Live financials

Teranga Gold is a Canadian-based gold producer advancing its pipeline of West African assets in production and exploration towards its vision of becoming a multi-asset mid-tier gold producer within the next five years. Teranga’s flagship asset has produced over 1.8 Moz of gold since its 2010 IPO. The company recently commenced production at its second gold mine in August 2019, two months ahead of the original schedule. Focused on diversification and growth, the company is also conducting exploration programmes in three countries: Burkina Faso, Senegal and Cote d’Ivoire. The Company had more than 4.1 million ounces of mineral gold reserves as of December 31, 2018. Steadfast in its commitment to set the benchmark for responsible mining, Teranga operates in accordance with international standards and aims to act as a catalyst for sustainable economic, environmental, and community development.

Management Profile

Richard Young, President & CEO

Richard Young is the President and Chief Executive Officer of Teranga Gold. In this role, Mr. Young culminates 25-years of extensive experience in the gold industry. A Chartered Professional Accountant, Mr. Young joined Barrick Gold Corporation (ABX-T) in 1991 and served in a series of positions of increasing responsibility in finance, corporate development, investor relations and mine development. Prior to joining Teranga in 2010, Mr. Young served as Vice President and Chief Financial Officer of Gabriel Resources Ltd. for five years. Mr. Young holds a Bachelor of Economics from the University of Western Ontario as well as a Graduate Diploma in Public Accountancy from McGill University.