Roxgold (TSE:ROXG) is a gold mining company with its key asset, the high grade Yaramoko Gold Mine, located on the Houndé greenstone belt in Burkina Faso, West Africa.

The Company operates the 55 Zone underground mine and has a second high-grade underground mine, Bagassi South, currently in development with first ore expected in the fourth quarter of 2018.

Plans & Latest Developments:

  • High-grade, low cost underground gold producer. The 55 Zone mine is currently in production and Bagassi South is currently in development.
  • High-grade at 17.1 g/t Au (M&I Resource) at the 55 Zone and 16.6 g/t Au (M&I Resource) at Bagassi South.
  • 2018 production guidance of 120,000 -130,000 ounces of gold, AISC between the range of $740-$790 per ounce sold.
  • Bagassi South, the second high-grade underground mine, is expected to increase production by ~40% with first ore expected in late Q4 2018.
  • Production is anticipated to be ~160,000 ounces of gold from both mines over the course of 2019.

Why should investors invest in you?

  • Generating strong cash flow through high-grade, low cost asset
  • Increasing production through Bagassi South expansion at an estimated average gold production of 40,000 ounces per year
  • Strong balance sheet: Self-funding accretive growth while paying down debt and building net cash
  • Implemented share buy-back plan of up to 10 million common shares
  • Actively pursuing growth opportunities through regional exploration program; 64,000 metres of drilling planned for 2018
  • Led by proven management team and board demonstrated by excellent operational performance and safety record of over 5 million hours Lost Time Injury Free

Stock Exchange Listing:


Market Cap:

$418M CAD

Primary Commodities:


Stage of Development:

Exploration | Development | Production

Countries of Operation:

Burkina Faso | West Africa

Board of Directors:

  • Oliver Lennox-King – Chairman
  • Richard Colterjohn – Director
  • Paul Criddle – Director
  • John Dorward – Chief Executive Officer & Director
  • Kate Harcourt – Director
  • John L. Knowles – Director
  • Norm Pitcher – Director
  • Jonathan A. Rubenstein – Director


  • John Dorward – Chief Executive Officer & President
  • Iain Cox – Interim Chief Operating Officer
  • Eric Pick – Vice President Corporate Development
  • Craig Richards – Principal Mining Engineer

Major Shareholders:

  • Appian Capital
  • 1832 Asset Management
  • African Lion
  • IFC
  • Montrusco Boulton

Roxgold Inc (TSE:ROXG) will be showcasing their mining projects to prospective investors at the International Mining and Resources Conference. Claim your complimentary investor pass now.