Mali Mining News

South Africa's AngloGold looks to streamline assets, Argentine mine up for sale

It is very important that we can see the assets in our mix have long-term potential and to the extent that they don't or there is other strategic reasons to disinvest, we will do that.

RosCan reports positive results from drilling campaign in Mali

The miner said that significant amounts of saprolite-hosted gold mineralization was discovered.

Strike takes shine off Barrick’s Loulo-Gounkoto production results

Company said the output decline was a consequence of a week-long strike at the Mali operation.

Mali's gold production up 23% in 2018

Mali's industrial production of gold rose 23 percent last year to 60.8 tonnes, Mines Ministry spokesman Boubacar Sissoko said on Friday.

B2Gold hits record gold output in 2018 thanks to new Mali mine

For 2019, the Canadian miner forecasts gold production of between 935,000 and 975,000 ounces at all-in sustaining costs estimated at between $835 and $875 per ounce.

Endeavour Mining increases stake in Ity gold mine to 85%

The Canadian miner now owns 85% of Ity, the government of Ivory Coast 10% and State-owned mining company Sodemi the remaining 5%.

New era for Barrick Gold begins

Barrick now trades as GOLD in New York and continues as ABX in Toronto.

Nova Scotia miner starts drilling in Mali

Roscan's Kandiolé project is located in the gold prospective Birimian Rocks of West Mali.

Mali to produce lithium by 2020 with 694,000 tonnes discovered

Mali joins lithium fray

B2Gold hits record gold production in Q3

78% higher than in the same quarter of the previous year.

AngloGold may sell Mali mine after failing to agree investment

AngloGold says it has started the process of selling the Sadiola mine, a joint venture with IAMGOLD.

Barrick, Newmont said to be in talks to merge Nevada operations

Experts believe the US firm could achieve $300 million in operating and cost savings from combining its mines in Nevada with those of the Canadian rival.

Randgold Resources' Mali gold mining complex ramps up production

Increased grades expected in Q3 and Q4 of this year.

B2Gold updates Fekola resource in Mali

Less than a year after B2Gold declared commercial production at its 80%-owned Fekola mine, the gold producer has updated the mine’s resource estimate.

Barrick could trade copper mines for gold ones to expand Tier 1 assets

The combined miner plans to focus on Tier 1 assets, those producing at least 500,000 ounces of gold annually, with a mine life of more than 10 years and low costs.

Mali's first independent power project to start up next week

Full operation begins October 31.

Mali expects 2018 industrial gold output to rise 21 pct

Head of the mines division said a previous production forecast of 59.3 tonnes of gold for 2018 had been marginally increased.

Barrick needs Randgold to make the grade

Few gold mines can operate profitably below 1 gram a ton which is equivalent to extracting two teaspoons of gold from a Statue of Liberty’s worth of ore.

Barrick to buy Randgold for $18.3B forming giant global gold miner

The new Barrick, which will be listed in New York and Toronto, will own five of the world's 10 lowest cost gold mines and will be the world's top bullion producer by both value and output.

AngloGold swings back to profit days before new boss takes helm

The turnaround in performance was mainly the product of increased output, reduced net debt and lower-than-expected restructuring costs.

Randgold to revise full-year forecast as readies Tongon mine for restart

As a result of the latest stoppage at the Ivory Coast mine and the time it will take to bring it back on line and at full tilt, Randgold will have to review its 290,000-ounce gold output forecast for the year.

Randgold’s Tongon mine in Ivory Coast hit by strike

Labour action has brought gold production to a halt.

B2Gold opens major new solar farm at its Namibia mine

The plant is expected to improve B2Gold’s economic returns, reduce impacts on the environment and become a potential funding source for community development.

Randgold ends gold venture with Cradle Arc in Mali

Under the agreement begun in February 2016, Randgold held a 65 percent stake in the Kossanto West Gold Project licences, which will revert to Cradle Arc, now the 100 percent owner.

Strike halts gold output at two Randgold mines in Mali — union

The strike at the company’s Loulo and Gounkoto mines is related to the payment of bonuses and will continue until the issue is resolved.