Allied Gold Gets Mali’s Go-Ahead for New Project Near Sadiola
2 days ago · Allied has also started work on the second phase of Sadiola after Mali’s government in October renewed its operating license for a period of 10 years. Development of the second phase is estimated at $500 million, according to Allied Gold Mali’s vice president, Ilias Keita.--With assistance from Katarina Höije. ©2025 Bloomberg L.P.
Mali approves Allied Gold’s Korali-Sud project, aligning with its …
1 day ago · Mali has approved Allied Gold's Korali-Sud project, granting the Canadian company a 35% stake under the country's new mining code. The Allied Gold deal is expected to generate annual revenue of ...
Allied Gold Announces An Agreement With Malian Junta, Shares …
Sep 5, 2024 · Allied Gold has reached a preliminary agreement with Mali for a 10-year permit on the Sadiola gold mine and permission to exploit the nearby Diba deposit. The country's recent overhaul of mining ...
Allied Gold inks decade-long deal with Mali junta - MINING.COM
Sep 4, 2024 · Shares in Allied Gold fell less than 1% to C$2.88 apiece by Wednesday afternoon in Toronto, valuing the company at C$720.8 million. They’ve traded in a 52-week range of C$2.75 to C$5.90. Rivals ...
Allied Gold Corporation - ALLIED GOLD ANNOUNCES …
TORONTO, Sept. 3, 2024 /PRNewswire/ - Allied Gold Corporation ("Allied" or the "Company") announces that it has settled the terms of a definitive protocol agreement (the "Protocol Agreement") with the Government of Mali, the execution of which is pending. The Protocol Agreement provides for the renewal of the Exploitation Permit for the Sadiola Gold Mine, the advancement of the development and ...
Allied closes purchase of Elemental Altus’ Mali gold project
Nov 10, 2023 · Allied Gold has finalised the acquisition of the Korali-Sud small-scale mining licence and Lakanfla exploration licence, jointly known as the Diba project, in Mali from Elemental Altus Royalties. Located 15km from Allied’s Sadiola gold mine in Western Mali, the Diba project is scheduled to start production in the first half of 2024.
Allied Gold Announces An Agreement With Malian Junta, Shares …
Sep 5, 2024 · The Sadiola gold mine in Mali's Kayes region has been Allied Gold's key asset since its acquisition from Iamgold Corp (NYSE:IA. ... Following the news, Allied stock closed the day at CA$2.79 ...
ALLIED GOLD ANNOUNCES SETTLEMENT OF TERMS OF A …
The Sadiola Gold Mine is directly owned by SEMOS, which is 80% owned by Allied and 20% owned by the Government of Mali. Located in the Kayes region of Western Mali , it is a producing gold mine ...
Allied Gold to Build New Mine in Mali - Ecofin Agency
8 hours ago · With the addition of Korali-Sud, Allied Gold aims to increase its gold production in Mali. The company also plans to expand Sadiola's output to 400,000 ounces per year by building a new processing plant for an investment of about $500 million, according to Ilias Keita, Vice President of Allied Gold Mali.
Allied Gold: New strategy will propel the company to senior status
Mar 27, 2024 · Allied Gold’s key producing asset currently is Sadiola, an open-pit operation which produced 175 koz in 2022. The mine, located 440 km north-west of Mali’s capital, Bamako, has been a pillar of Mali’s gold mining industry for many years.