Mali Mining News

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.

Canadian miner expanding quickly in Mali

CanRos' CEO says western Mali has potential for discovering large gold deposits.

Randgold Resources Tongon mine in Ivory Coast hit by strike

Recurrent industrial action by the workforce of a subcontractor it's jeopardizing Tongon's 290,000-ounce production forecast.

Investment in Africa’s mining sector to rise: BMI

BMI presents the recent changes to the DRC’s mining code as an example of a situation that challenges all the parties involved, but that is very unlikely to cloud miners’ interest in venturing in the country.

B2Gold says Mali’s new code won’t affect its Fekola mine

The Canadian miner says any contemplated amendments in a new mining code will not apply to Fekola without its consent.

Mali says negotiating mining code revision but could act unilaterally

Mali's government is negotiating with mining companies to draft a new mining code but will move to implement a new law unilaterally if no compromise is reached, the West African country's economy minister said. Many […]

Mali says negotiating mining code revision but could act unilaterally

Many mines in Mali, Africa's third-largest gold producer, are protected from changes to the fiscal regime for 30 years.

Commentary: Women miners shouldn't be seen as victims

Gold mining in Africa has a bad rap — particularly when it comes to women. But in Mali, one of the world’s poorest countries, the victimization lens does great injustice to the hundreds of women mining alongside men.

Endeavour on track to pour first gold from Ity mine next year

Firm said the $412-million construction project to upgrade the Ivory Coast-based gold mine remained on-time and on-budget.

Endeavour in talks to avert Ivory Coast protests over gold production plans

Company has opened negotiations with local people in Ivory Coast in an effort to head off protests at two gold mines where the company aims to boost production by nearly 4% this year.

Canadian miner expanding in West Africa

RosCan is targetting different land packages in Ghana and Mali.

Mali mine takes B2Gold 2017 output to record high

This is the ninth consecutive year the Canadian miner achieves record annual gold production.

Endeavour sells its mine in Ghana

The London-based miner sold its 90% stake in the project to BCM International. The remaining 10% is held by the Ghanaian government.

Mali expects industrial gold mining to beat 2017 forecasts

Industrial gold production in Mali, Africa's third biggest producer, is on track to exceed earlier forecasts for this year, says government official.

B2Gold to kick commercial production at Mali mine earlier than planned

The Fekola mine will add up to 410,000 ounces of gold to the company's annual output.

Lower Q3 and Mali tax row take the glow off Randgold

Miner said full-year profit and output was on track despite a third-quarter dip, but its shares slid to a three-month low after its CEO did not rule out seeking arbitration over a tax dispute in Mali.

B2Gold up on higher-than-expected production

Company said it expects production of between 50,000 and 55,000 ounces of gold from its new mine in south-western Mali to bring total metal production for 2017 to between 530,000 and 570,000 ounces of gold.