
[miningmx.com] – THE winding up of the Morila gold mine, owned by Randgold Resources, was behind a likely 12% decline in west African country Mali’s gold production to 41.6 tons, said Bloomberg News citing mines minister Boubou Cisse.
Production last year was 47 tons but Randgold Resources was in the process of shutting Morila which had yielded over six million ounces in its lifetime, while IamGold had suspended mining at its Yatela gold mine, said Bloomberg News.
“We also look to diversify our sources of revenue since we are too much depending on gold and cotton production,’ Cisse said. “We want to diversify our range of expertise in subcontracting jobs in the mining sectors, not only in gold but also in others resources.’
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