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...
West Africa-focused Hummingbird Resources (AIM:HUM) has announced a ramp up in gold production from its flagship Yanfolila mine in Mali. The high grade asset began producing gold in December 2017, with the performance of the plant steadily improving month by month. The plant operated at an average...
West Africa-focused mining junior Cora Gold has listed on London’s alternative investment market (AIM), raising US$4.5 million towards exploration activity at its flagship Sanankoro project in Mali. The capital raising from the float gives the company a market capitalisation of around $11.9 million, while most of...
Hummingbird Resources (AIM: HUM) has announced it will receive around US$11 million from the government of Mali, for an additional 10% stake in the Yanfolila gold project. The agreement allows the government to take an overall 20% interest stake in the gold operation, as it already...