The Yatela Mine is an open-pit gold mine situated near Yatela, 25 km north of Sadiola , in the Kayes Region of Mali . It is a single-pit operation. Commencing operation in 2001, heap leaching together with carbon-loading is carried out at a rate of approximately 2.9 million tonnes per year. The final step of eluting carbon and smelting the gold in the gold recovery process is completed at the Sadiola Gold Mine .
5-583: Apart from Yatela and Sadiola, AngloGold Ashanti's also operates the Morila Gold Mine in Mali. The production of its mines in Mali contributed 8 percent to the company's overall production in 2008. The operation is 80% owned by the Sadiola Exploration Company Limited, a joint venture in which AngloGold Ashanti and IAMGOLD each have an effective holding of 40%. The Government of Mali owns
10-416: A feasibility study was carried out. Anglo American eventually transferred its rights to AngloGold , which, in 2004, became AngloGold Ashanti. Development of the mine begun in 2000 and it opened in 2001. While the mine is owned jointly by AngloGold Ashanti, IAMGOLD and the government of Mali, AngloGold Ashanti is the operator of the mine. In 2009, the mine employed just over 800 people. Production figures of
15-517: The highest in the world, earning it the moniker “Morila the Gorilla”. Firefinch acquired Morila for just US$ 28.9m in late 2020 with the strategic intent to rapidly increase production; initially targeting 70-90kozpa of gold from a combination of satellite pits, stocks and tailings, and thereafter growing production to 150-200kozpa of gold by mining the Morila Superpit. Morila’s current Global Resource
20-613: The recent past were: Morila Gold Mine The Morila Gold Mine ( French : Mine d'or de Morila ) is an open-pit gold mine situated 180 km south of Bamako , near the community of Sanso , in the Sikasso Region of Mali . The operation is jointly owned by Firefinch Limited who owns 80%, while the Government of Mali owns the remaining 20%. The Morila Gold Mine is one the world’s great open pit gold mines, having produced over 7.5Moz of gold since 2000 at grades that were among
25-416: The remaining 20%. Mining in this region of Mali, according to old workings, dates back at least 1,000 years and written records confirm that small scale mining was carried out there for most of the past 300 years. From 1987 onwards, the government of Mali carried out exploration activities in the area. In late 1997, IAMGOLD and Anglo American purchased the rights to the mining concession. In 1998 and 1999,
#235764