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.
Mali Mining News
CanRos' CEO says western Mali has potential for discovering large gold deposits.
Recurrent industrial action by the workforce of a subcontractor it's jeopardizing Tongon's 290,000-ounce production forecast.
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.
The Canadian miner says any contemplated amendments in a new mining code will not apply to Fekola without its consent.
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 […]
Many mines in Mali, Africa's third-largest gold producer, are protected from changes to the fiscal regime for 30 years.
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.
Firm said the $412-million construction project to upgrade the Ivory Coast-based gold mine remained on-time and on-budget.
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.
RosCan is targetting different land packages in Ghana and Mali.
This is the ninth consecutive year the Canadian miner achieves record annual gold production.
The London-based miner sold its 90% stake in the project to BCM International. The remaining 10% is held by the Ghanaian government.
Industrial gold production in Mali, Africa's third biggest producer, is on track to exceed earlier forecasts for this year, says government official.
The Fekola mine will add up to 410,000 ounces of gold to the company's annual output.
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.
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.
Company is on track to begin commercial production before the end of the year, which would boost its annual production more than 70% to between 925,000 and 975,000 ounces of gold.
Juniors have been increasingly active in Mali, regarded as a relatively stable jurisdiction, where Legend has a portfolio of gold projects and licences covering nearly 400 square kilometres.
The fate of IAMGOLD's Sadiola mine hangs in the balance as Mali's gold exports fall and production winds down.
After a 3 month suspension, Mali allows informal gold mining to recommence. The country exported over 16 tonnes of gold in the first 4 months of this year.
The Ity mine, in Côte d’Ivoire, has produced more than 1.2 million ounces of gold in its over 20 years of operations.
Mali is the third-biggest gold producer in Africa after South Africa and Ghana, and gold overwhelmingly dominates its mining sector.
African gold miner Randgold on Thursday reported a 53 percent rise in half-year profit and a mounting cash pile, and said it was well on the way to developing projects that will position it for an eventual increase in demand.
Endeavour pays 48% premium to acquire Avnel Gold and its "shovel ready" Kalana project in Mali.