Key production statistics for 2024 from six underground mines and two open pit mines are:
Tonnes Mined
Tonnes Ore Mined
Tonnes Processed
Gold Poured
Average Recovery
2 Open Pit Project is currently in production state
6 Underground Mine is currently in production state.
4 Underground mines in New Liberty region, Larjor, Larjor WestWest, Kinjor, and Marvoe utilizes Sub-Level stoping method.
Ndablama, underground Drift and Fill method mine.
Weajue, sub-level stoping, cut and fill mining.
New Liberty is the key asset in Avesoro Resources’ portfolio is the New Liberty Gold Mine, which is Liberia’s first and largest commercial gold mine. Construction at New Liberty commenced in April 2014, with first gold poured from the process plant on 31 May 2015 and gold sales commencing in August 2015. Commercial Production was declared at New Liberty on 1 March 2016.
Ndablama Open pit mining commenced in 2021 and was completed in 2023. At Ndablama Gold mine, Leopard Rock open-pit Operations was started in 2024
All the ore is transported to the plant at New Liberty via a 45km haul road.
Only Underground Operations are ongoing at this site. Construction of the Weajue underground portal and support facilities commenced in 2022. Ore production from underground operations started in 2023, with all the ore being transported to the New Liberty processing plant.
The Kokoyah Gold Mine started as an open pit operation in 2016 and progressed underground in 2020. Underground mining suspended in 2022 until the gold price becomes more favourable.
Only Open-Pit Operations are ongoing at this site. Three different open pit are located. (Matambo-1 , Matambo-2, Matambo-3) Ore production from open-pit operations started at the end of 2023 with all the ore being transported to the New Liberty processing plant.