DOCSLIB.ORG

21000, 23000, 24100, 24220, 24230, 24290, 25200, 25311, 25319 & 25320

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
21000, 23000, 24100, 24220, 24230, 24290, 25200, 25311, 25319 & 25320 MINING IN WEST AFRICA Siccodes 21000, 23000, 24100, 24220, 24230, 24290, 25200, 25311, 25319 & 25320 May 2016 Compiled by: ALEX CONRADIE [email protected] JOHANNESBURG OFFICE 7 STURDEE AVENUE, ROSEBANK, 2196 P O BOX 3044, RANDBURG, 2125 TEL: +27 11 280-0880 PORT ELIZABETH OFFICE 1ST FLOOR, BLOCK F, SOUTHERN LIFE GARDENS, 70 2ND AVE NEWTON PARK 6045 P O BOX 505, HUNTERS RETREAT, 6017 TEL: +27 41 394-0600 WEBSITE: WWW.WHOOWNSWHOM.CO.ZA REG NO: 1986/003014/07 DIRECTORS: MAUREEN MPHATSOE (CHAIRPERSON), MICHELLE BEETAR (EXPERIAN), PAXTON ANDERSON (EXPERIAN), ANDREW MCGREGOR (MANAGING) Mining in West Africa Contents Siccodes 21000, 23000, 24100, 24220, 24230, 24290, 25200, 25311, 25319 & 25320 CONTENTS 1. INTRODUCTION ......................................................................................................................1 2. DESCRIPTION OF THE INDUSTRY .............................................................................................1 2.1. Industry Value Chain ................................................................................................................ 5 3. SIZE OF THE INDUSTRY ...........................................................................................................6 4. STATE OF THE INDUSTRY ...................................................................................................... 17 4.1. Local ........................................................................................................................................17 4.1.1. Corporate Actions .........................................................................................................25 4.1.2. Regulations ...................................................................................................................29 4.2. Continental .............................................................................................................................32 4.3. International ...........................................................................................................................33 5. INFLUENCING FACTORS ........................................................................................................ 34 5.1. Economic Environment ..........................................................................................................34 5.2. Lack of Infrastructure .............................................................................................................35 5.3. Security Risks and Political Instability.....................................................................................36 5.4. Environmental Concerns ........................................................................................................38 5.5. Labour Resources ...................................................................................................................38 5.6. Technology, Research and Development (R&D) and Innovation ...........................................39 6. COMPETITION ...................................................................................................................... 40 6.1. Barriers to Entry .....................................................................................................................40 7. SWOT ANALYSIS ................................................................................................................... 41 8. OUTLOOK ............................................................................................................................. 41 9. INDUSTRY ASSOCIATIONS ..................................................................................................... 42 10. REFERENCES ......................................................................................................................... 42 10.1. Publications ............................................................................................................................42 10.2. Websites .................................................................................................................................43 COMPANY PROFILES .................................................................................................................... 45 Abosso Goldfields Ltd .....................................................................................................................45 African Gold Group Inc ...................................................................................................................47 Alufer Mining Ltd ............................................................................................................................50 AMR Gold Ltd ..................................................................................................................................52 AngloGold Ashanti Ltd ....................................................................................................................54 © Copyright Who Owns Whom (Pty) Ltd Mining in West Africa Contents Siccodes 21000, 23000, 24100, 24220, 24230, 24290, 25200, 25311, 25319 & 25320 Arcelormittal Liberia Ltd .................................................................................................................60 Areva SA ..........................................................................................................................................62 Asanko Gold Inc ..............................................................................................................................65 Avocet Mining Plc ...........................................................................................................................69 Azumah Resources Ltd ...................................................................................................................73 B2Gold Corporation ........................................................................................................................76 Baomahun Gold Ltd ........................................................................................................................79 Bellzone Mining Plc .........................................................................................................................81 Cam Iron SA ....................................................................................................................................84 Cameroon Alumina Ltd ...................................................................................................................86 Cavalla Resources Ltd .....................................................................................................................88 Centamin Plc ...................................................................................................................................90 Compagnie des Bauxites de Guinee ...............................................................................................94 Endeavour Mining Corporation ......................................................................................................96 ERAMET SA ...................................................................................................................................100 Eta-Zuma Group Ltd......................................................................................................................104 First Quantum Minerals Ltd ..........................................................................................................106 Glencore Plc ..................................................................................................................................109 Great Quest Fertilizer Ltd .............................................................................................................118 Gryphon Minerals Ltd ...................................................................................................................120 Hummingbird Resources Plc .........................................................................................................124 Industries Chimiques du Senegal SA .............................................................................................127 Keras Resources Plc ......................................................................................................................130 Kogi Iron Ltd ..................................................................................................................................133 Komet Resources Inc ....................................................................................................................136 MagIndustries Corporation ..........................................................................................................138 Managem SA .................................................................................................................................140 Mineral Deposits Ltd .....................................................................................................................143 MNG Gold AS ................................................................................................................................147 Newcrest Mining Ltd.....................................................................................................................149 Pan African Gold and Minerals (Pty) Ltd ......................................................................................153 Predictive Discovery Ltd ...............................................................................................................155
Load more

Recommended publications
  • Arend J Hoogervorst1 B.Sc.(Hons), Mphil., Pr.Sci
    Audits & Training Eagle Environmental Arend J Hoogervorst1 B.Sc.(Hons), MPhil., Pr.Sci. Nat., MIEnvSci., C.Env., MIWM Environmental Audits Undertaken, Lectures given, and Training Courses Presented2 A) AUDITS UNDERTAKEN (1991 – Present) (Summary statistics at end of section.) Key ECA - Environmental Compliance Audit EMA - Environmental Management Audit EDDA -Environmental Due Diligence Audit EA- External or Supplier Audit or Verification Audit HSEC – Health, Safety, Environment & Community Audit (SHE) – denotes safety and occupational health issues also dealt with * denotes AJH was lead environmental auditor # denotes AJH was contracted specialist local environmental auditor for overseas environmental consultancy, auditing firm or client + denotes work undertaken as an ICMI-accredited Lead Auditor (Cyanide Code) No of days shown indicates number of actual days on site for audit. [number] denotes number of days involved in audit preparation and report write up. 1991 *2 day [4] ECA - AECI Chlor-Alkali Plastics, Umbogintwini, KwaZulu-Natal, South Africa. November 1991. *2 day [4] ECA - AECI Chlor-Alkali Plastics- Environmental Services, Umbogintwini, KwaZulu-Natal, South Africa. November 1991. *2 Day [4] ECA - Soda Ash Botswana, Sua Pan, Botswana. November 1991. 1992 *2 Day [4] EA - Waste-tech Margolis, hazardous landfill site, Gauteng, South Africa. February 1992. *2 Day [4] EA - Thor Chemicals Mercury Reprocessing Plant, Cato Ridge, KwaZulu-Natal, South Africa. March 1992. 2 Day [4] EMA - AECI Explosives Plant, Modderfontein, Gauteng, South Africa. March 1992. *2 Day [4] EMA - Anikem Water Treatment Chemicals, Umbogintwini, KwaZulu-Natal, South Africa. March 1992. *2 Day [4] EMA - AECI Chlor-Alkali Plastics Operations Services Group, Midland Factory, Sasolburg. March 1992. *2 Day [4] EMA - SA Tioxide factory, Umbogintwini, KwaZulu-Natal, South Africa.
    [Show full text]
  • Year End 2020
    AngloGold Ashanti Limited (Incorporated in the Republic of South Africa) Reg. No. 1944/017354/06 ISIN: ZAE000043485 – JSE share code: ANG CUSIP: 035128206 – NYSE share code: AU (“AngloGold Ashanti” or “AGA” or the “Company”) Report for the six months and year ended 31 December 2020 Johannesburg, 22 February 2021 - AngloGold Ashanti is pleased to provide its financial and operational update for the six months and year ended 31 December 2020. • Added Ore Reserve of 6.1Moz on a gross basis, 2.6Moz on a net basis, for a net increase of 10% year-on-year - reserve life ∧ increased to about 11 years • Free cash flow increased 485% year-on-year to $743m in 2020 – excluding asset sale proceeds – from $127m in 2019 • Free cash flow before growth capital up 124% year-on-year to $1,003m in 2020, from $448m in 2019 • Net cash inflow from operating activities increased 58% to $1,654m in 2020, from $1,047m in 2019 • Achieved 2020 full year guidance: Production of 3.047Moz in 2020, which includes COVID-19 impacts estimated at 140,000oz • All-in sustaining costs (AISC) margin from continuing operations rose to 40% in 2020, from 28% in 2019 • Profit from continuing operations increased 160% year-on-year to $946m in 2020, from $364m in 2019 • Adjusted EBITDA up 50% year-on-year to $2,593m in 2020, from $1,723m in 2019; highest since 2012 • Dividend increased more than fivefold to 48 US cents per share in 2020, from 9 US cents per share in 2019 • Adjusted net debt from continuing operations down by 62% year-on-year to $597m in 2020, from $1,581m in 2019;
    [Show full text]
  • Anglogold Ashanti Holdings Plc Anglogold Ashanti Limited
    Use these links to rapidly review the document TABLE OF CONTENTS Prospectus Supplement TABLE OF CONTENTS TABLE OF CONTENTS 3 Table of Contents Filed pursuant to Rule 424(b)(5) Registration Nos. 333-182712 and 333-182712-02 CALCULATION OF REGISTRATION FEE Amount of Registration Title of Each Class of Aggregate Securities to be Registered Offering Price Fee (1) 5.125% Notes due 2022 of AngloGold Ashanti Holdings plc $750,000,000 $85,950 Guarantee of AngloGold Ashanti Limited in connection with the 5.125% Notes due 2022 (2) — — (1) Calculated in accordance with Rule 457(r) under the Securities Act of 1933. (2) Pursuant to Rule 457(n) under the Securities Act of 1933, no separate fee is payable with respect to the guarantee of AngloGold Ashanti Limited in connection with the guaranteed debt securities. Prospectus Supplement to Prospectus dated July 17, 2012 GRAPHIC AngloGold Ashanti Holdings plc $750,000,000 5.125% notes due 2022 Fully and Unconditionally Guaranteed by AngloGold Ashanti Limited The 5.125% notes due 2022, or the "notes", will bear interest at a rate of 5.125% per year. AngloGold Ashanti Holdings plc, or "Holdings", will pay interest on the notes each February 1 and August 1, commencing on February 1, 2013. Unless Holdings redeems the notes earlier, the notes will mature on August 1, 2022. The notes will rank equally with Holdings' senior, unsecured debt obligations and the guarantee will rank equally with all other senior, unsecured debt obligations of AngloGold Ashanti Limited. Holdings may redeem some or all of the notes at any time and from time to time at the redemption price determined in the manner described in this prospectus supplement.
    [Show full text]
  • Geometry and Genesis of the Giant Obuasi Gold Deposit, Ghana
    Geometry and genesis of the giant Obuasi gold deposit, Ghana Denis Fougerouse, BSc, MSc This thesis is presented for the degree of Doctor of Philosophy. Centre for Exploration Targeting School of Earth and Environment The University of Western Australia July 2015 Supervisors: Dr Steven Micklethwaite Dr Stanislav Ulrich Dr John M Miller Professor T Campbell McCuaig ii "It never gets easier, you just go faster" Gregory James LeMond iv Abstract Abstract The supergiant Obuasi gold deposit is the largest deposit hosted in the Paleoproterozoic Birimian terranes of West Africa (62 Moz, cumulative past production and resources). The deposit is hosted in Kumasi Group sedimentary rocks composed of carbonaceous phyllites, slates, psammites, and volcaniclastic rocks intruded by different generations of felsic dykes and granites. In this study, the deformation history of the Obuasi district was re-evaluated and a three stage sequence defined based on observations from the regional to microscopic scale. The D1Ob stage is weakly recorded in the sedimentary rocks as a layer-parallel fabric. The D2Ob event is the main deformation stage and corresponds to a NW-SE shortening, involving tight to isoclinal folding, a pervasive subvertical S2Ob cleavage striking NE, as well as intense sub-horizontal stretching. Finally, a N-S shortening event (D3Ob) formed an ENE-striking, variably dipping S3Ob crenulation cleavage. Three ore bodies characteristic of the three main parallel mineralised trends were studied in details: the Anyankyerem in the Binsere trend; the Sibi deposit in the Gyabunsu trend, and the Obuasi deposit in the main trend. In the Obuasi deposit, two distinct styles of gold mineralisation occur; (1) gold-bearing sulphides, dominantly arsenopyrite, disseminated in metasedimentary rocks and (2) native gold hosted in quartz veins up to 25 m wide.
    [Show full text]
  • Modelling the Optimum Interface Between Open Pit and Underground Mining for Gold Mines
    MODELLING THE OPTIMUM INTERFACE BETWEEN OPEN PIT AND UNDERGROUND MINING FOR GOLD MINES Seth Opoku A thesis submitted to the Faculty of Engineering and the Built Environment, University of the Witwatersrand, Johannesburg, in fulfilment of the requirements for the degree of Doctor of Philosophy. Johannesburg 2013 DECLARATION I declare that this thesis is my own unaided work. Where use was made of the work of others, it was duly acknowledged. It is being submitted for the Degree of Doctor of Philosophy in the University of the Witwatersrand, Johannesburg. It has not been submitted before in any form for any degree or examination at any other university. Signed …………………………….. (Seth Opoku) This……………….day of……………..………2013 i ABSTRACT The open pit to underground transition problem involves the decision of when, how and at what depth to transition from open pit (OP) to underground (UG). However, the current criteria guiding the process of the OP – UG transition are not well defined and documented as most mines rely on their project feasibility teams’ experiences. In addition, the methodologies used to address this problem have been based on deterministic approaches. The deterministic approaches cannot address the practicalities that mining companies face during decision-making, such as uncertainties in the geological models and optimisation parameters, thus rendering deterministic solutions inadequate. In order to address these shortcomings, this research reviewed the OP – UG transition problem from a stochastic or probabilistic perspective. To address the uncertainties in the geological models, simulated models were generated and used. In this study, transition indicators used for the OP - UG transition were Net Present Value (NPV), ratio of price to cost per ounce of gold, stripping ratio, processed ounces and average grade at the run of mine pad.
    [Show full text]
  • Hidden Treasure? in Search of Mali’S Gold-Mining Revenues a C I R E M a M a F X O / F F O L E T T E R B
    Hidden Treasure? In search of Mali’s gold-mining revenues A C I R E M A M A F X O / F F O L E T T E R B Authors Rani Parker (Ph.D., George Washington University) is founder of Business-Community Synergies, a development economist, and a leading authority on corporate-community engagement. Parker has 20 years' experience in international development, including consultancies with organizations such as CARE, the UN Children’s Fund (UNICEF), the UN Development Program (UNDP), and multi- national companies in the energy and extractive industries. Fred Wood (Ph.D., University of London) is an internationally recognized expert on early childhood and youth development. For 12 years, Dr. Wood served as director of education for Save the Children. His consulting projects have included Save the Children, UNICEF, and the World Bank. FRONT COVER: Niama Makalu, 22, and her nephew, Amidou Dembelle, working in a field of groundnuts against the backdrop of a waste dump area for the Sadiola Hill Gold Mine in Mali. Their families were among the many people displaced when mining began in the area in the mid-1990s. Makalu, who is married to the chief of Sadiola, is now—like many others—forced to cultivate food for her family on land in close proximity to mine waste. What’s more, since the Sadiola Hill Mine now occupies much of the area’s former agricultural land, local people have no viable alternatives to farming on these few remaining sites. Above: Sign and fence on the border of the Sadiola Hill Mine, barring trespassers from land that has been conceded to the mining company.
    [Show full text]
  • Randgold Resources Annual Report 2006 01 Chairman’S Statement
    Value creation is in our DNA ANNUAL REPORT 2006 Mission Randgold Resources’ focus is on the creation of value through the discovery and development of world class gold projects. IFC Corporate profile and mission 01 2006 highlights Corporate profile 02 Chairman’s statement 04 Directors 06 Management Randgold Resources is an African focused gold mining and 08 Chief executive’s report exploration business incorporated in Jersey in the Channel REVIEW OF OPERATIONS Islands in 1995 and listed on the London Stock Exchange in 11 Financial review 1997 and on Nasdaq in 2002. 13 Operations and projects 13 Loulo mine Its discoveries to date include the 7.5 million ounce Morila deposit 24 Morila mine in southern Mali, the +6 million ounce Yalea deposit at Loulo in 29 Tongon project western Mali and the 3 million ounce Tongon deposit in the Côte Annual resource and reserve declaration 31 d’Ivoire. 32 Table of mineral rights 33 Exploration review The company financed and developed the Morila mine which 42 New business was brought into production in October 2000 and to date has 43 Social responsibility 43 Policy statement produced more than 4 million ounces of gold. It also financed 44 Environmental report and developed the Loulo mine, which was officially opened in 44 Human resources report November 2005. Loulo’s gold production is planned to average DIRECTORS’ REPORTS 250 000 ounces per year until 2009, when Yalea underground 47 Corporate governance will start contributing. The underground development will 53 Remuneration committee report significantly extend the mine’s production and life and is expected 59 Directors’ report to average above 350 000 ounces per year during the seven 60 Statement of directors’ responsibilities and year period from 2009 to 2015.
    [Show full text]
  • West African Goldfields
    155 West African Goldfields M. Robertson1 and L. Peters2 The MSA Group, 20B Rothesay Avenue, Craighall Park, 2196, South Africa E-mail: [email protected]; [email protected] DOI: 10.18814/epiiugs/2016/v39i2/95773 The West African region has long been known for Introduction its gold endowment and gold production. Apart from The gold potential of West Africa has long been known, with the last 20 to 30 years, this production was largely informal artisanal mining having taken place for centuries. However, derived from informal artisanal workings covering modern systematic exploration and commercial scale mining have large areas of West Africa. For a period of over a only come into their own relatively recently. Ghana has long been the thousand years until 1500 AD, West Africa was the second largest gold producer on the African continent after South world’s most important supplier of gold, much of Africa, having produced 2.85 million troy ounces (Moz) in 2013. The increasing importance of West Africa as a gold producing region which formed part of the trans-Sahara trade with is reflected in Mali and Burkina Faso which have become the third the Arab world, whose monetary system was based on and fifth largest African producers respectively, the former having gold. Artisanal gold mining is still widespread across yielded 1.42 Moz and the latter 0.77 Moz in 2013. West Africa and a significant number of modern gold The majority of gold deposits on the West African Craton are hosted in Palaeoproterozoic rocks of the Birimian Supergroup, and mines in the region were founded on artisanal mining are temporally and spatially related to structures formed during the sites.
    [Show full text]
  • Investor Fact Sheet Resources
    Golden Rim Investor Fact Sheet Resources www.goldenrim.com.au Growing footprint in West Africa ASX Code West Africa is emerging as one of the strongest growth areas in the world for gold production. Gold and GMR copper exploration and mining company, Golden Rim Resources (ASX: GMR) is capitalising on this opportunity by establishing an expanding foothold in the region (covering 3,770km2). The Company has advanced gold 52WK Share Price Range projects in Mali (Sepola, Faraba and Sanso) and recently acquired tenements in the geologically rich, Burkina $0.08 - $0.255 Faso. The potential for a low capital and early cash flow opportunity through toll treating is strengthened by GMR’s technical and administrative team with over 20 years experience in West Africa. Market Capitalisation (at 21 cents) Unique to junior explorers, GMR has the financial support from Abu Dhabi-based investment house, the Royal Group. The Royal Group is GMR’s largest shareholder (13.10%.) and the two companies have formed a Golden Rim $75M strategic alliance company, Royal Falcon Mining LLC (Royal Falcon). Royal Falcon actively seeks to expand its Resources Issued Capital participation in significant minerals projects internationally. Through the alliance, the companies have secured advanced gold and copper projects (Falun & Bersbo) in Sweden. 354.9M outstanding shares GMR is well placed to accelerate exploration, deliver increased resources and fund project acquisitions in the 24.3M unlisted options remainder of 2010, particularly in West Africa. Board of Directors
    [Show full text]
  • Golden Rim to Acquire Highly Prospective Gold Projects in Mali
    27 June 2008 GOLDEN RIM TO ACQUIRE HIGHLY PROSPECTIVE GOLD PROJECTS IN MALI Highlights ¾ Acquisition of 90% of Farabantourou and Sanso Gold Projects in Mali covering 116 square kilometres of highly prospective Birimian greenstone belt. ¾ Both projects are located in close proximity to major gold mines. Sanso lies adjacent to the northern boundary of the AngloGold Ashanti / Randgold Morila gold mine lease. Farabantourou is located approximately 30 kilometres along strike from the AngloGold Ashanti / IAMGOLD Sadiola gold mine. ¾ Inferred Resources with 59,000 ounces of contained gold have been defined to date at Farabantourou. The potential for expanding these resources, particularly at depth, is high. Significant gold-in-soil anomalies elsewhere at Farabantourou remain poorly tested. ¾ The Sanso Project lies in a similar geological setting as the Morila gold deposit. Soil sampling has detected significant gold anomalism in the licence which has not been tested by drilling. The Directors of Golden Rim Resources Ltd (“Golden Rim”) are pleased to announce it has executed an agreement to purchase a 90% interest in two licences (Farabantourou and Sanso) held by S.A.R. Exploration (“SAR”) in western and southern Mali. The acquisition of the Mali licences is subject to GMR conducting a due diligence visit, the grant of Farabantourou licence and the execution of a Sale Agreement. Both licences are underlain by highly prospective Lower Proterozoic Birimian greenstone belts which are one of the most under-explored gold terranes in Africa. It is generally accepted that the Birimian greenstone belts of West Africa have a comparable potential for the discovery of major gold deposits as the Yilgarn greenstone belts of Western Australia.
    [Show full text]
  • Anglo American Fact Book 2005/6 Contents
    Anglo American Fact Book 2005/6 Contents Anglo American plc 1 Worldwide operations/Our businesses 2 Structure 4 Strategy/Sustainable development 5 Company ownership levels 6 Through history 8 Financial highlights 9 Financial data 10 Commodity and exchange rate history 11 Conversion tables 12 Anglo Platinum 13 Anglo Base Metals 47 Business overview 14 Business/Industry overview 48 Industry overview 15 Uses of base metals 49 Platinum group metals market 16 Strategy/Technological innovation 50 Around the world 17 Around the world 51 Through history 18 Through history 52 Financial highlights 19 Financial highlights 53 Financial data 20 Financial data 54 Production data 21 Production data 55 Reserves and resources data 24 Reserves and resources data 56 Project pipeline 27 Project pipeline 63 Market information 29 Market information 65 Operations diagram 30 Operations diagram 66 Diamonds 31 Anglo Coal 67 Business/Industry overview 32 Industry overview 68 Supplier of choice/The four Cs 33 Markets 69 Exploration 34 Strategy 70 Around the world 35 Around the world 71 Through history 36 Through history 72 Financial highlights 37 Financial highlights 73 Financial data 38 Financial data 74 Diamonds recovered 39 Production data 75 Diamonds grade 40 Reserves and resources data 76 Project pipeline 41 Project pipeline 80 Market information 44 Market information 81 Operations diagram 45 Operations diagram 82 Anglo Ferrous Metals and Industries 85 AngloGold Ashanti 117 Leading asset base/Products and applications 86 Business overview/Industry overview 118
    [Show full text]
  • Mining 02 December 2019 Altus Strategies Plc (“Alt
    Altus Strategies Plc / Index (EPIC): AIM (ALS) & TSX-V (ALTS) / Sector: Mining 02 December 2019 Altus Strategies Plc (“Altus” or the “Company”) Joint Venture Signed on Lakanfla & Tabakorole Gold Projects in Mali Altus Strategies Plc (AIM: ALS & TSX-V: ALTS), the Africa focused project and royalty generator, announces that on 29 November 2019 it signed a definitive Joint Venture (“JV”) agreement (“Agreement”) with Glomin Services Ltd (“Glomin”) on the Company’s Lakanfla and Tabakorole gold projects (“Projects”) located in western and southern Mali respectively. The JV Agreement is pursuant to the term sheet between Altus and Glomin as announced by the Company’s on 22 August 2019. Highlights: Joint Venture signed with Glomin on two Altus gold projects in western and southern Mali o Altus will receive up to US$1,450,000 in milestone cash payments o Altus will retain a 2.5% Net Smelter Return (“NSR”) royalty on the Projects o Altus will be the operator of the JV during the initial earn-in period o Glomin will earn up to an 80% initial interest in the Projects Glomin to pay Altus a further US$50,000 within 30 days Initial 3,500m drilling campaign to commence at Lakanfla in Q1 2020 o Lakanfla historical drill results include: 26.0m at 5.10 g/t Au and 12.0m at 9.78 g/t Au o Lakanfla is located 6km southeast of the Sadiola gold mine Ground magnetics to commence at Tabakorole in Q1 2020 followed by 1,500m of drilling o Tabakorole historical drill results include: 60.0m at 2.92 g/t Au and 44.0m at 3.29 g/t Au Steven Poulton, Chief Executive of Altus, commented: “We are delighted to have concluded the definitive JV agreement with Glomin which now clears the way for drilling to commence on the Lakanfla and Tabakorole gold projects in Mali in the first quarter of next year.
    [Show full text]