Deal #5348

Location #1

Spatial accuracy level
Exact location
Location
Kayes, Mali

Latitude
13.87119279939809
Longitude
-11.630322664355504
Target country
Mali

Land area

Intended size (in ha)
30200
Size under contract (leased or purchased area, in ha)
30200
Comment on land area
The Sadiola mining permit covers an area of 302 km²

Intention of investment

Intention of investment
Mining

Nature of the deal

Comment on nature of the deal
Possibility for expansion of processing plant to increase the life of the mine.

Negotiation status

Negotiation status
Concluded (Contract signed)

Implementation status

Implementation status
In operation (production)

Contract farming

Contract farming
No

Number of total jobs created

Jobs created (total)
Yes

Operating company

Name of investment project
Sadiola Gold Mine
Comment on investment chain
A sale process has been initiated for Sadiola

 

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Data source #1

Data source type
Company sources
File

Data source #2

Data source type
Media report
File
Comment on data source
Mining atlas

Data source #3

Data source type
Media report
File
Date
2016-08-08
Comment on data source
Sadiola Expansion Could Finally Be a Go: Implications for IAMGOLD

Data source #4

Data source type
Media report
File
Date
2015-04-01
Comment on data source
Reuters- Iamgold in talks to buy AngloGold's stakes in two Mali mines

Data source #5

Data source type
Media report
File
Comment on data source
Sadiola Gold Mine

Data source #6

Data source type
Company sources

Displacement of people

Comment on displacement of people
Two villages were displaced in order to make way for the Sadiola mine.

Promised or received compensation

Promised compensation (e.g. for damages or resettlements)
Replacement land for community members which were displaced.

Detailed crop, animal and mineral information

Resources area
Gold

Use of produce

Has export
Yes

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
Possibility for expansion of processing plant to increase the life of the mine.

Water extraction envisaged

Water extraction envisaged
Yes

May 15, 2019, 11:57 a.m.

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May 7, 2019, 4:20 p.m.

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Jan. 13, 2017, 1:23 p.m.

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Nov. 22, 2016, 1:43 p.m.

active

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