Mali Lithium: Disclosed Schemes to Maintain the Morila Gold Mine in between $22 Million and $27 Million from Majors Barrick and AngloGold
By Abdul Rahman Bangura– NEW AFRICA DAILY NEWS (NADN) Freetown, Sierra Leone- Evidently, the percentage price of junior Mali Lithium rose more than 32% on August, 31st, 2020 shortly after the company divulged proposals to amass the Morila Gold Mine from majors Barrick and AngloGold for between $22-million and $27-million. Thus, Mali Lithium informed shareholders that, the obtainment of the Morila Mine, in Mali would promptly revise the company into a cash generating gold producer. On this note, the mine is portend to generate some 26,350 oz of gold from November 2020 to the second quarter of 2021, with Mali Lithium telling that, there was substantial possibility for near-term growth in production and mine life. The project is now producing at an annualized rate of up to 50,000 oz/y...
Posted On 02 Sep 2020






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