Tag Archives: Mali
Mali is the third largest gold producer in Africa and gold mining has become a mainstay of the economy with a high potential of funding economic development and poverty reduction. With the country’s improving governmental policies encouraging a more sustainable transparent and diversified mining sector, Mali has become a hotspot for foreign investment and major extractive companies focusing on other minerals in the country as well such as uranium, bauxite, iron, manganese and phosphates.
Randgold Resources, a leading gold mine business in Africa and listed on NASDAQ stock exchanges, has announced a 38 per cent profit increase on its 2015’s 294.2 million USD while exceeding its production target in 2016 by 37,000 oz for their maiden gold mine in Mali – Loulo-Gounkoto Gold Mine. Randgold’s presence in Mali has aided to redefine gold mine in the country and has been a boost to economic development. The company paid over 2 billion USD in taxes to the government and an estimated 2.9 billion USD in strengthening the local economy through local investments, salaries, and payments to local suppliers. The company also declared that their operations in Mali alone contributes to about 10% of the country’s total GDP.
TSX-V Ticker: SWA
VANCOUVER, May 15, 2013 /PRNewswire/ – Sarama Resources Limited (“Sarama” or the “Company“) is pleased to report that it has been granted three new exploration permits in Burkina Faso, including one adjacent to the Company’s flagship South Houndé Project, which brings the Company’s exploration landholding in this prospective region to 1,014km².
Les financements en cours accordés par la BAD au Mali s’élèvent à près de 140 milliards de FCFA
TUNIS, Tunisia, May 8, 2013/African Press Organization (APO)/ – The African Development Bank Group (AfDB) (http://www.afdb.org) approved on Wednesday, May 8 in Tunis, a loan of 30 billion CFA francs to the Republic of Mali. This amount will be drawn from the resources of the African Development Fund (ADF), the Bank’s concessional window, to finance an Emergency Economic Recovery Support Programme (EERSP).
About Sarama Resources Ltd
Sarama Resources Ltd is a Canadian company with a focus on the exploration and development of gold deposits in West Africa. The board of directors and management team, a majority of whom are founders of the Company, are seasoned resource industry professionals with extensive experience in the exploration and development of world-class gold projects in Africa.
An International Monetary Fund (IMF) mission led by Hervé Joly visited Senegal during March 27-April 10, 2013 to conduct the fifth review under the three-year Policy Support Instrument (PSI) approved in December 2010. The members of the mission met with the President of the Republic, the Prime Minister, the ministers of economy and finance, and energy; representatives of the Central Bank of West African States (BCEAO); other senior government officials; and representatives of the private sector, civil society, and the development partners.
BEIJING /PRNewswire/ — Mali became the first African nation to announce it will give its domains for free. Today the Dot ML Registry published the launch schedule for the .ML top level domain space. Dot ML – the Mali domain name – will be operated by the Agence des Technologies de l’Information et de la Communication (AGETIC) as a generic, unrestricted, clean and global TLD focusing on individuals and businesses in- and outside Mali.
WASHINGTON, 2 avril 2013/African Press Organization (APO)/ – Le conseil d’administration de la Banque mondiale a approuvé aujourd’hui un prêt IDA* sans intérêt de 20 millions de dollars en faveur du Mali pour aider le pays à développer et à améliorer son agriculture et sa production alimentaire en favorisant des liens plus étroits avec l’industrie agro-alimentaire et le crédit commercial.
King Mohammed VI Deepens Morocco’s Economic, Security Ties with African Countries, Gains Support for W. Sahara Initiative
Senegal, Cote D’Ivoire praise Morocco’s reforms under King Mohammed ‘s leadership;
Back Morocco autonomy plan for W. Sahara, cite Mali, stability threat in Sahel
BAMAKO, Mali, February 11, 2013/African Press Organization (APO)/ – On January 28, 2013, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Mali.1 The Board also approved a disbursement under the Rapid Credit Facility (RCF) during the same meeting (See Press Release No. 13/24).
Sarama Defines 11km-Long Gold-in-Soil Anomaly at its Gbarpolu Property in Liberia & Increases its Interest in Pedsam Properties to 65%
TSX-V Ticker: SWA
About Sarama Resources Ltd