The Gold Belt in southern Mali continues to deliver on its promise, and mining company Cora Gold has taken another step in its construction project of one gold mine in Sanankoro. A definitive feasibility study (definitive feasibility study – DFS) will indeed take place in the third quarter of this year, but the miner is already considering obtaining debt and equity financing, with the amount sought to be fixed after the DFS, according to its CEO Bert Monro. Construction of the mine is expected to take between 18 and 24 month, he adds.
À lire sur The Africa Report – Mali : Cora Gold may break ground by end-year at Sanankoro
Listed on the Alternative Investment Market (AIM), the UK’s growth stock market, on the London Stock Exchange (LSE), and domiciled in the British Virgin Islands, Cora Gold is debt-free and is a shareholder of Brookstone Business (28,6 %)