What in my opinion is, mining activities in Mali have substantial impact to the economic.
The last sentences from the article has mentioned that????
Article Wrote:
Loulo-Gounkoto and the Morila gold mine, which Randgold runs in a joint venture with AngloGold Ashanti (ANGJ.J) and the Malian state, account for between 7 and 11 percent of Mali's GDP, Randgold has said.
What is that mean? When mining has becoming so important to the country, I would imagine the Mali's government will desperately push ahead all the mining activity, to generate higher GDP for the country. Therefore, all sort of mining permit application will be a lot more easier. At the meantime, we can see the effort from government to remediate or upgrade existing rail infrastructure for passenger and cargo (posted in article by tbecker101), that will help to ease the transportation of mining ore etc.
Just keep imaging, we have a couple of gold mine and a lithium mine in Mali, I think we will get enough support to bring the mines into production in shortest period of time. Don't forget, Our MD, Kevin has extensive experience in Mali, he must have created a strong relationship with the local authority.
From BGS website:
Kevin has previously held technical positions with Renison Goldfields Consolidated, Goldfields Ltd, and Placer Dome Asia Pacific. More recent management positions have been with Agincourt Resources (Oz Minerals) and Resolute Mining Limited in Indonesia and West Africa. Kevin was involved in a range of project generation, acquisition, and exploration initiatives in the West African countries of Mali, Burkina Faso and Cote d'Ivoire.
I may be wrong?
Cheers,
Joseph
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BGS, BRB
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