Teranga Gold Corporation, trading on the OTC Markets under the symbol TGCDF, is a Canadian-based gold producer headquartered in Vancouver, British Columbia. The company’s flagship asset is the Sabodala gold mine in eastern Senegal, which commenced commercial production in 2009. Alongside Sabodala, Teranga holds the adjacent Massawa development project and a portfolio of exploration properties in West Africa, including targets in Côte d’Ivoire.
Teranga’s core activities span gold exploration, project development, mine operations and the production of gold doré bars. At Sabodala, ore is processed through conventional crushing, grinding and carbon-in-leach circuits before being refined into bullion. The Massawa project is in the advanced stages of feasibility and permitting, with the goal of augmenting the company’s production profile and extending mine life in Senegal.
Since listing on the Toronto Stock Exchange, Teranga has grown through strategic acquisitions, exploration success and operational optimization. In July 2020, the company completed a friendly merger with Endeavour Mining, enhancing its technical and financial capabilities while retaining its focus on West African operations. This combination bolstered Teranga’s resource base and reinforced its commitment to disciplined growth.
Led by President and Chief Executive Officer Richard Young, Teranga Gold emphasizes sustainable development, environmental stewardship and strong community partnerships. The company adheres to international standards for health, safety and corporate responsibility, engaging local stakeholders to support shared economic and social benefits in the regions where it operates.
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