The new Fekola gold mine in western Mali, owned by B2GOLD, will start its operations next February at 3.
It will enable Mali to consolidate its position as 3th largest African producer of gold in Africa, behind South Africa and Ghana
“The Malian state is a shareholder in 20% of the new mine,” mines minister Tiemoko Sangaré said during a visit to the unit ahead of the inauguration.
According to B2GOLD Group President Mali, Mamadou Diarra, with a life of 12 years, the mine is expected to produce annually 350 000 ounces on the first 7 years, ie 11 tons of gold and 250 000 ounces over the next five years . ”
A thousand people including 70% of Malians will work in this mine in the region of Kayes in the West of Evil.
Fékola is added to the ten or so active gold mines in Mali that officially produce an average of 50 tons of gold per year.
