Mali’s industrial gold production is expected to drop around 3% to 59 tonnes in 2019, down from 60.8 tonnes last year, a mines ministry official said on Friday. Advertisements
Mali’s industrial production of gold rose 23% last year to 60.8 t, Mines Ministry spokesperson Boubacar Sissoko said on Friday.
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Mali is on track to start lithium production by 2020 and companies have already discovered 694,000 tonnes of exploitable reserves, a senior mines ministry official told Reuters.
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(Reuters) – Industrial gold production in Mali, Africa’s third biggest producer, is still expected to rise almost 21 percent to 60 tonnes this year, a government official told Reuters on Friday, despite slightly lower than expected output so far.
Read MoreMali’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 mines in Mali, Africa’s third-largest gold producer, are protected from changes to the fiscal regime for 30 years, but Boubou Cisse told reporters during a joint news conference with an International Monetary Fund mission that the government aimed to…
Read MoreThe AfDB released more than €71 million in funding for the construction of a 714-km high-voltage power line. The infrastructure will link the localities of N’Zérékoré, in Guinea and Sanankoroba, Mali. Its implementation will allow the electrification of 201 villages as well as the improvement of the quality of service provided to other consumers.
Read MoreBAMAKO – Gold mining revenues in Mali increased by 14% in 2016 to $505-million, Mines Minister Tiemoko Sangare said on Tuesday, revising an earlier estimate.
Read MoreIndustrial gold production in Mali, Africa’s third biggest producer, is on track to exceed earlier forecasts for this year, a government official said on Friday.
Read MoreMali’s first utility-scale solar photovoltaic (PV) power plant, the 33 MW Segou project, which will be built at a cost of $25-million. The project will increase the country¹s installed capacity from renewable resources and will generate 52.7 GWh/y, or about 10% of current generation capacity, over 25 years.
Read MoreMali’s government ordered Randgold Resources on Monday to pay half the 46.89-billion CFA francs ($80-million) it says the London-listed miner owes it before opening talks about the remaining sum.
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