State revenue from gold mining companies in Mali rose 13% in 2020 year-on-year to US$850 million, as a result of the gold price reaching record highs during the height of the COVID-19 pandemic. Strong demand for the ‘safe haven’ metal during the crisis pushed the spot...
ASX-listed Firefinch Ltd has confirmed that it has commenced open pit mining at its Morila Gold Mine in Mali, in which the company has an 80% stake. Mining is underway at Morila Pit 5, a mining area located on the Western margin of the Morila Super...
TSXV-listed exploration firm Roscan Gold has further expanded its land package at the Kandiolé Project in Mali by acquiring the permit to the immediate West of the Segondo West Permit. The new permit – Bantanko East – adds 55 km2 of prospective ground to the total...
ASX-listed Firefinch Ltd has announced a strong production performance in the last quarter of 2020 from its Morila Gold Mine in Mali. The company, formerly known as Mali Lithium, exceeded its gold output guidance for the quarter with 4,228 ounces of gold produced from processing tailings...
Australian explorer Mali Lithium has announced the adoption of a new brand and identity and will commence trading on the ASX under the name Firefinch Ltd on Friday. Executive chairman Alistair Cowden said the change heralds a new chapter and supports the company’s strategic transformation, which...
Gold mining companies in Mali have reported no changes as their operations despite the resignation of President Ibrahim Boubacar Keita earlier this week in a military coup. The likes of Barrick Gold, B2Gold, Resolute Mining, AngloGold Ashanti, Hummingbird Resources and Cora Gold said operations and staff...
TSXV-listed explorer African Gold Group remains on track to deliver a definitive feasibility study (DFS) for its Kobada Gold Project in Mali, despite making operational changes in light of the COVID-19 outbreak this year. The Canadian company said in an update yesterday that the pandemic had...
London-listed exploration and development firm Kodal Minerals has submitted a mining licence application for its Bougouni lithium project in Mali. As part of its mining licence application, Kodal completed a feasibility study for the project and submitted its contents to the Mali Government. The study envisages an...
ASX-listed Resolute Mining increased its gold production by 33% in the quarter ending December 2018, a period which managing director John Welborn described as a ‘turning point’ for the company. Total gold output stood at 73,691 ounces in the last quarter of the calendar year, with...
Resolute Mining has delivered first gold from its Syama underground mine in Mali – the world’s first purpose-built, fully automated sub-level cave mine. The ASX-listed miner extracted first ore from the Southern end of the 1105 level of Syama, which marks the beginning of the much...