| Sadiola Project |
|
|
Country |
Mali
|
|
Province |
Western mali |
|
|
|
Close to |
Kayes |
|
Status |
PRODUCTION
|
|
|
|
Surface |
302 km² / 74,624 acres |
|
|
|
Latitude / Longitude |
13 N 53 / 11 W 46 |
|
|
|
|
Legends
|
|
|
|
|
|
|
|
|
|
| Risk and valuation analysis of the Sadiola Project |
|
|
|
|
|
|
|
|
|
| Title(s) of the Sadiola Project |
 | IAMGOLD Corporation
Joint venture: 38% |
 | | | | |
| Title | Company Profile | All Projects | Company website | Company project page |
|
| The shareholders of SEMOS are IAMGOLD, which indirectly owns 38%, AngloGold, which indirectly owns 38%, the Republic of Mali, which owns 18%, and the International Finance Corporation (''IFC''), a member of the World Bank Group, which owns 6%. |
 | AngloGold Ashanti Ltd
Joint venture: 38% |
| | | | |
| Title | Company Profile | All Projects | Company website | Company project page |
|
| AngloGold Ashanti owns 38% of Sadiola in partnership with the IAMGOLD (38%), the
government of Mali (18%) and the International Finance Corporation (6%). |
|
|
|
| Location of the Sadiola Project |
|
The Sadiola area is located in the extreme west of the Republic of Mali, West Africa near the Senegal/Mali border, approximately 70 kilometres south of Kayes, the regional capital.
|
| |
| History of the Sadiola Project |
|
AngloGold acquired its interest in the Sadiola Gold Mine from IAMGOLD as part of the financing of the project. As a result of this process, the IFC and the Government of Mali obtained equity interests in SEMOS. Construction at the Sadiola open pit commenced in 1994 and full production was achieved in 1997.
|
| |
| Geology of the Sadiola Project |
|
|
Pervasive gold mineralization ranging in grade from two g/t to 20 g/t occurs along the SFZ over a strike length of more than two kilometres. The mineralization is mainly contained in altered carbonates and, to a lesser extent, in greywacke, diorite a more...
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
Data last updated on : 12/31/2008
|
|
Disclaimer
|
|
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
|
|
|
|
|
