Please note: you are viewing an old version of this deal. The current version can be found here: Deal #5347

Deal #5347 Version #72131

Mali
Created at
2016-11-22
Last update
2017-01-13
Last full update
2019-05-15

Land area

Intended size
19 500 ha
Size under contract (leased or purchased area)
  • [1997, current] 19500.0 ha
Comment on land area
195 square kilometres

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
  • [1997, current] Concluded (Contract signed)
Comment on negotiation status
In late 1997, IAMGOLD and Anglo American purchased the rights to the mining concession.

Implementation status

Implementation status
  • [2001] In operation (production)
  • [2013, current] Project abandoned
Comment on implementation status
Yatela began production in 2001. Mining activities were suspended in September 2013 and the processing of the ore previously mined will continue as the operations continue to wind down. The winding down of Yatela continued through to the end of 2014, at which point stacking of ore on the leach pads was discontinued.

Contract farming

Contract farming
No