Impoortant to keep in mind. Makes me feel a little better!
TORONTO, Sept. 11, 2017 (GLOBE NEWSWIRE) -- Teranga Gold Corporation ("Teranga" or the "Company") (TSX:TGZ) is pleased to announce that it has entered into forward gold sales contracts with Macquarie Bank Limited for a total of 131,000 ounces of gold commencing October 1, 2017 through December 31, 2018, at a gold price of $1,336 per ounce. As outlined in the updated technical report for its Sabodala operation in Senegal filed on August 30, 2017, the Company anticipates production of up to 111,000 ounces in the second half of 2017 and 213,000 ounces in 2018. The forward sales contracts represent approximately 50% of the production expected over the five quarters to the end of 2018.