Mali gold mining revenue fell by 26% in 2023
BAMAKO, June 5 (Reuters) - State revenue from gold mining companies in Mali fell 26% last year, hit by lower taxes, a document from the west African country's mines ministry showed on Wednesday.
Read moreTue, 22nd Oct 2019 13:26
BAMAKO, June 5 (Reuters) - State revenue from gold mining companies in Mali fell 26% last year, hit by lower taxes, a document from the west African country's mines ministry showed on Wednesday.
Read more(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Read more(Sharecast News) - Hummingbird Resources announced the remobilization of Corica Mining Services at the Kouroussa Gold Mine in Guinea on Friday, after a work stoppage on March 17.
Read more(Alliance News) - Shares in Hummingbird Resources PLC rose on Friday, after the company said operations had resumed at its Guinea gold mine following a two-month strike by its primary contractor.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Read moreHummingbird Resources PLC - gold producer with operations in Mali, Guinea and Liberia - Says continued to engage with Ivory Coast-based Corica Mining Services, which had suspended mining activities on March 17, citing contractual disputes. Back then, Corica cited claims regarding unpaid invoices to Hummingbird totaling about USD27 million for work completed at Kouroussa mine in Guinea, which Hummingbird rejected. Hummingbird on Tuesday said it issued a step-in notice which allows it to take management control and issue instructions to Corica. Meanwhile, the discussions about Kouroussa, which Hummingbird calls constructive, have the aim to ramp up operations under the existing mining contract between the two companies. Hummingbird says it is progressing with the restart and ramp up of mining activities at the mine. Further, it notes that operations at the mine have continued with the processing plant operating at the expected levels with mining via an existing support mining fleet.
Read moreBAMAKO, April 8 (Reuters) - Mali's industrial gold output is expected to drop by about 14% this year to 53.7 metric tons, mines ministry data showed on Monday.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Read more(Alliance News) - Hummingbird Resources PLC on Wednesday refuted claims of a contract breach from Corica Mining Services, regarding the suspension of services at the Kouroussa gold mine.
Read more(Alliance News) - Corica Mining Services on Wednesday accused Hummingbird Resources PLC of "substantial breaches" of contract, including failure to pay for its work at the Kouroussa gold mine.
Read moreHummingbird Resources PLC - gold producer with operations in Mali, Guinea and Liberia - Says the principal contract miner at its Kouroussa gold mine in Guinea has suspended mining operations due to "various contractual disputes". Hummingbird calls the action by Corica Mining Services "a clear breach of the mining contract", and alleges that Corica "has failed to meet mining contract volumes due to delays in mining equipment mobilisation, commissioning, and overall operating performance". Hummingbird has issued a notice to Corica, demanding that it resumes mining by Tuesday. Should it fail to do so, the company says it may step in to resume mining operations in its place, or work with alternative contractors and equipment suppliers.
Read more(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Read more(Alliance News) - The following is a round-up of trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
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