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Can Mali Maintain Its Gold Mining Status?
Posted by BFP Staff on Oct 7, 2017 at 11:00 AM
Sadiola—A Legacy with a Lot More Gold to Give
By Joao Peixe for Oilprice.com
Mali’s gold exports are falling, and new discoveries aren’t enough to make up for the loss of its giant legacy mines, where production is already dead or winding down, and the fate of one of the biggest of them all—Sadiola—now hangs in the balance.
The world-class Sadiola gold mine needs an investment of $380 million to keep it open for another 10 years, accessing 3.4 million ounces in reserves.
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