Mining

Mali: Gold output could reach 95 tons in 2017

Tuesday, 21 November 2017 10:30

Fourth largest gold producer in Africa, Mali has announced last Friday that its overall output for the ore could reach 95 tons in 2017, up 40% compared to 2016. The news which was reported by Reuters originally came from Mamadou Sidibé, one of the government’s officials.

The increase is attributed to production forecast for informal miners which should be of 50 tons, or more than twice the size of last year’s output (20.1 tons). Also, the government indicated that production should be boosted by the mines of Fekola (which came online last month) and Yanfolia (which should reach full production next year).

For now, Mali has produced, over the first nine months of this year, 35.2 tons of gold.

On the same topic
Chariot reached financial close on two wind projects totaling 190 MW in South Africa. The projects are backed by a 20-year power purchase agreement...
BW Energy is acquiring stakes in Angola’s offshore blocks 14 and 14K for about $310 million. The deal gives the company exposure to producing...
Global Atomic delayed the start-up of Niger’s Dasa uranium processing plant by one year to the second half of 2027. Border closures with Benin and...
Nigeria selected 28 companies to develop gas-flare capture projects across 49 oil-production sites. The projects could deliver up to 3 gigawatts of...
Most Read
01

Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...

Omer-Decugis & Cie Expands Mango Operations in West Africa
02

GSMA outlines reforms needed to meet targets of the New Technological Deal 2034 High mobile taxes...

GSMA Maps the Reforms Required for Senegal’s Digital Takeoff
03

M-Pesa accuses Ethio Telecom of blocking access to new Lehulum app App aims to offer unive...

M-Pesa Ethiopia Flags Access Issues on Regulator-Approved Lehulum App
04

This week’s health update shows Africa edging closer to the end of the mpox public health emergency,...

Weekly Health Update | Africa Steps Up Essential Medicines Strategy, Despite Outbreaks, Funding Gaps
05

Investment bank BCID-AES established  in Bamako Bank aims to fund infrastructure, agricultur...

Sahel Alliance Establishes Investment Bank, Key Financing Decisions Pending
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.