Africa Mining and Engineering Review
According to the Auditor-General’s findings, only seven out of 13 applications for mining licence renewals submitted during the review period met the legal and regulatory requirements.
Perseus has opted for a large scale, wholly open-pit mining operation, for the first phase of development, in preference to a smaller scale, combined open pit/underground option contemplated by the previous owners.
Mali is Africa’s fourth-largest gold producer but until now lacked facilities to refine its own gold. Most rough gold has been shipped abroad to be processed in the UAE, South Africa, and Switzerland, costing Mali valuable export revenues.
The Otavi South Copper Project, designated as Exclusive Prospecting Licence (EPL) 8374, encompasses approximately 195 square kilometers in the Otjozondjupa Region of northern Namibia.
The decision to pause the JV discussions is primarily influenced by recent changes in AngloGold Ashanti’s standalone mine plan for Iduapriem.
The TGME gold plant will process underground ore, surface tailings and rock dumps to produce Doré bars for refining.
Prime Minister Jean Emmanuel Ouédraogo said in a speech broadcast on national television late on Monday that the government planned to further expand control over its resources.
The jump in gold prices past $3,500 an ounce for the first time, amid concern that Trump may seek to oust Federal Reserve Chair Jerome Powell,
The motor features a weatherproof design (IP24W / NEMA WPII).
Mali has stopped issuing permits for small-scale gold mining to foreign nationals after several deadly incidents. Interim President Assimi Goita
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