Please note: you are viewing an old version of this deal. The current version can be found here: Deal #1483

Deal #1483 Version #53922

Mali
Created at
2013-02-15
Last update
2017-01-11
Last full update
2017-01-11

Land area

Intended size
20 100 ha
Size under contract (leased or purchased area)
  • [2004, current] 20100.0 ha
Comment on land area
The company also has exploration license for 97,900ha

Intention of investment

Intention of investment
  • [current] Mining
Comment on intention of investment
Gold

Nature of the deal

Nature of the deal
Exploitation permit / license / concession (for mineral resources)

Negotiation status

Negotiation status
  • [2004, current] Concluded (Contract signed)
Comment on negotiation status
Resolute acquired its interest in the project in June 2004

Implementation status

Implementation status
  • [2009, current] In operation (production)
Comment on implementation status
Completed a feasibility study on the redevelopment of Syama in April 2005. The plant redevelopment began in July 2006 with the help of a combination of existing and new equipment. Mine brought into production in 2009. In 2016 Syama will start pre-production on a new underground mine on-site.

Contract farming

Contract farming
No