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Mining

Mali : Robex Resources recovers Kamasso exploration permit

Thursday, 15 September 2016 15:00

(Ecofin Agency) - Mining firm Robex Resources, active on the Nampala Mine in Mali, has recovered the Kamasso exploration permit, which it held from 2004 to 2013, and in which it invested $1,076,052 in research and exploration works.

The permit which covers an area of 100 km² is adjacent to the Mininko permit held by Robex at the Nampala Mine. Due to its proximity with Nampala, the permit offers the company interesting prospects. Works carried out previously have helped identify geochemical anomalies in soils including the Sikoro, Kadjila and Sirakoni.

“We are very pleased to have recovered the Kamasso research and mining permit, in Mali because it is strategically well positioned, near from the Nampala mine. We want to thank the Malian government who took into consideration our efforts in the reassignment of the permit,” said Georges Cohen, CEO of Robex Resources.

Let us recall that Nampala holds 17.4 Mt of proven reserves. Given its importance, Robex Resources wished to produce 6,000 t/d but some challenges, financial mostly, forced the company since October 2014 to scale down its ambitions.

Louis-Nino Kansoun





 
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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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