Mali Mining News

B2Gold to produce 5m ounces of gold at Mali mine after $50m expansion

Average annual gold output would increase to more than 550,000 ounces in the five-year period 2020 – 2024, and over 400,000 ounces during the remaining seven years.

Cache Exploration buys gold project in Mali

The Vancouver-based company signed a definitive agreement with private vendor Rachid Mogabgab.

RANKED: Top 10 lowest cost gold mines on the globe

Barrick's South Arturo loses top spot, two other Barrick mines dropped from top 10 ranking.

B2Gold’s beats first quarter production targets

Consolidated gold production was 230,859 ounces, 6% (12,704) ounces above budget.

B2Gold to invest $50 million in Fekola mine expansion

It could take the Malian mine gold output to 7.5-million tonnes a year from the current 6-million tonnes.

Mali forecasts gold production to drop 3 pct in 2019 — mines ministry

AngloGold Ashanti's joint venture Sadiola mine expects its gold output to drop by 50% this year.

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.