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Deal #8733 Version #86495

Senegal
Created at
2021-05-24
Last update
2022-03-29

Operating Company

Operating company
Actors involved in the negotiation / admission process
  • Ministry of Industry and Mines Government / state institutions (government, ministries, departments, agencies etc.)
Name of investment project
Sabodala mining concession
Comment on investment chain
Mineral Deposits Limited Australia (MDL) first obtained exploration permit in 2005, converted to exploitation license in 2007, which was taken over by Sabodala Gold (SGO). On November 23, 2010, Teranga completed the indirect acquisition of the Sabodala gold mine, with Teranga purchasing part of the mining company in 2010. Teranga's subsidiary Oromin Joint Venture Group owned an exploration permit in the Golouma area (212.6 km2). These concessions were combined. Endeavour purchased Teranga in 2021
Network of parent companies and tertiary investors/lenders
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