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After seizing power in 2020, Mali's junta pledged to scrutinise its mining sector so the state would benefit more from gold prices running at all-time highs. Some Western miners, like Canada's ...
Barrick, which operates the Loulo-Gounkoto mining complex in Mali, declined to comment on the issue. The news follows the detention of four Barrick employees over a $500 million tax dispute.
More than 40 people, mostly women, were killed after an illegal gold mine collapsed in Mali on Saturday. The collapse took place near Kenieba, in Mali's western, gold-rich Kayes region.
The mining industry of Mali is dominated by gold extraction but also produces diamonds, rocksalt, phosphates, semi precious stones, bauxite, iron ore, and manganese. [ 1 ] [ 2 ] The importance of mining and production of raw minerals has changed throughout time and has involved many foreign stakeholders, most notably France , the former Soviet ...
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Allied Gold Corporation is a Canadian headquartered company that owns and operates gold mines in Mali, the Ivory Coast and Ethiopia. [1] Headquartered in Toronto, the company listed on the Toronto Stock Exchange in 2023. As of 2023, the company produces 375,000 ounces of gold per year. [2]
In December 2013, Resolute Mining bought the Bibiani gold project in Ghana from Noble Mineral Resources, taking full ownership of the project in 2014, after approval from government of Ghana. [9] Resolute Mining divested its remaining assets and interests in Tanzania in 2015, following the closure of its Golden Pride Gold Mine in 2013. [10]