TSX- and OTCQX-listed Allied Gold Corporation has announced a strategic ... Holding to help realise immediate value from its Sadiola gold mine, in Mali, and bolster the company’s financial ...
Allied Gold will continue as the operator of SEMOS, leading operational activities and ongoing value-creation initiatives at the Sadiola mine. The collaboration will utilise Ambrosia's regional ...
International Holding Company boosted ore production at the Mopani Mine in Zambia from 2.2 million tons to 2.8 million tons ...
To form the partnership, Ambrosia will buy half of Allied’s gold mining assets in Mali, which include an 80% interest in the Sadiola mine, for $375 million in cash. Of this amount, $145 million ...
In Mali, Allied owns the Sadiola mine, which produces around 200,000 ounces of gold annually and is undergoing an expansion. The company is also developing a new mine nearby at Korali-Sud.
The phased expansion approach at Sadiola is driving production ... annum over the first 4 years and 300,000 gold ounces per annum over a 19-year mine life based on 7.2 million ounces in Mineral ...
Allied Gold’s partnership with United Arab Emirates- (UAE-) based Ambrosia to develop a Mali-based mine operations headlines this week’s major deals roundup. Cassels, McCarthy Tetrault, Torys, Norton ...
The phased expansion approach at Sadiola is driving production ... on products produced from its key mining assets; fluctuating price of gold; risks relating to the exploration, development ...
Its government, which owns 20 per cent of the Sadiola mine, has been rocked by a series of military coups. The current government is locked in a tax dispute with Barrick Gold Corp. ABX-T in which ...