Mali completes takeover of gold mines abandoned by foreign companies

Marmota to kick off its first drilling program at new SA gold target

Marmota will take-over 90% of the Golden Moon JV gold tenements in SA’s renowned Gawler Craton and is set to start drilling at the first of them within days.

Mali completes takeover of gold mines abandoned by foreign companies

The country’s military leaders announced their intentions to nationalize the mines last year

Mali government takes over abandoned Yatela and Morila gold mines

Mali's government has completed the nationalisation of the Yatela and Morila gold mines, previously abandoned by their owners.The post Mali government takes over abandoned Yatela and Morila gold mines appeared first on Mining Technology.

Mali Completes Takeover of Abandoned Gold Mines, Extends Push for Resource Sovereignty

Mali’s military-led government has completed its takeover of the Yatela and Morila gold mines.Reuters reported on Monday (June 30) that according to the Malian government, control of the Yatela mine in Western Kayes and the Morila mine in Southern Sikasso has officially been transferred to the Society for Research and Exploitation of Mineral Resources of Mali (SEMOS), a newly formed entity in the country. The Yatela mine was abandoned in 2016 by…