Morila Gold Mine
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Morila Gold Mine
The Morila Gold Mine is an open-pit mining, open-pit gold mine situated 180 km south of Bamako, near the community of Sanso, in the Sikasso Region of Mali. The operation is jointly owned bFirefinch Limitedwho owns 80%, while the Government of Mali owns the remaining 20%. Apart from Morila, Firefinch also owns the Goulamina Lithium Project in Mali. History The Morila Gold Mine is one the world’s great open pit gold mines, having produced over 7.5Moz of gold since 2000 at grades that were among the highest in the world, earning it the moniker “Morila the Gorilla”. Firefinch acquired Morila for just US$28.9m in late 2020 with the strategic intent to rapidly increase production; initially targeting 70-90kozpa of gold from a combination of satellite pits, stocks and tailings, and thereafter growing production to 150-200kozpa of gold by mining the Morila Superpit. Morila’s current Global Resource is 2.43 million ounces of gold (Measured:  1.73Mt at 0.5g/t gold for 0. ...
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Sanso
Sanso is a small town and commune in the Cercle of Bougouni in the Sikasso Region of south-western Mali Mali (; ), officially the Republic of Mali,, , ff, 𞤈𞤫𞤲𞥆𞤣𞤢𞥄𞤲𞤣𞤭 𞤃𞤢𞥄𞤤𞤭, Renndaandi Maali, italics=no, ar, جمهورية مالي, Jumhūriyyāt Mālī is a landlocked country in West Africa. Mal .... In 2009 the commune had a population of 22,284. The Morila Gold Mine is located 10 km from the village.Striking Gold Is No Bonanza for Small Mali Town
MAC: Mines and Communities website, author: Lisa Bryant, published: 17 August 2005, accessed: 8 August 2010


References

Communes of Sikasso Region {{Sikasso-geo ...
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Gold Mine
Gold Mine may refer to: *Gold Mine (board game) *Gold Mine (Long Beach), an arena *"Gold Mine", a song by Joyner Lucas from the 2020 album '' ADHD'' See also * ''Gold'' (1974 film), based on the novel ''Gold Mine'' by Wilbur Smith *Gold mining Gold mining is the extraction of gold resources by mining. Historically, mining gold from alluvial deposits used manual separation processes, such as gold panning. However, with the expansion of gold mining to ores that are not on the surface, ... * Goldmine (other) {{disambiguation ...
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Surface Mines In Mali
A surface, as the term is most generally used, is the outermost or uppermost layer of a physical object or space. It is the portion or region of the object that can first be perceived by an observer using the senses of sight and touch, and is the portion with which other materials first interact. The surface of an object is more than "a mere geometric solid", but is "filled with, spread over by, or suffused with perceivable qualities such as color and warmth". The concept of surface has been abstracted and formalized in mathematics, specifically in geometry. Depending on the properties on which the emphasis is given, there are several non equivalent such formalizations, that are all called ''surface'', sometimes with some qualifier, such as algebraic surface, smooth surface or fractal surface. The concept of surface and its mathematical abstraction are both widely used in physics, engineering, computer graphics, and many other disciplines, primarily in representing the surfac ...
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Gold Mines In Mali
Gold is a chemical element A chemical element is a species of atoms that have a given number of protons in their nuclei, including the pure substance consisting only of that species. Unlike chemical compounds, chemical elements cannot be broken down into simpler sub ... with the Symbol (chemistry), symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a Brightness, bright, slightly orange-yellow, dense, soft, malleable, and ductile metal in a pure form. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements and is solid under Standard conditions for temperature and pressure, standard conditions. Gold often occurs in Free element, free elemental (native state (metallurgy), native state), as Gold nugget, nuggets or grains, in Rock (geology), rocks, Vein (geology), veins, and alluvial deposits. It occurs in a solid solution series with ...
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International Council On Mining And Metals
ICMM was founded in 2001, as a CEO-led leadership organization, to improve sustainable development performance in the mining and metals industry. Sustainable Development In late 1998 a small group of mining industry CEOs came together to question how the sector could grow its contribution to sustainable development. Through the World Business Council for Sustainable Development (WBCSD), they commissioned the International Institute for Environment and Development (IIED) to explore the role of the sector in the transition to sustainable development. Over the course of two years, a team of IIED researchers reviewed existing initiatives and materials, and consulted more than 150 separate individuals and organisations to understand their views of how the minerals sector's contribution could be improved. This process came to be known as the Mining, Minerals and Sustainable Development Project (MMSD). What emerged was an agenda for change that would enhance mining and metals’ contr ...
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African, Caribbean And Pacific Group Of States
The Organisation of African, Caribbean and Pacific States (OACPS) is a group of countries in Africa, the Caribbean, and the Pacific that was created by the Georgetown Agreement in 1975. Formerly known as African, Caribbean and Pacific Group of States (ACP), the organisation's main objectives are sustainable development and poverty reduction within its member states, as well as their greater integration into the world's economy. All of the member states, except Cuba, are signatories to the Cotonou Agreement with the European Union. The Cotonou Agreement (signed in Cotonou, Benin, in June 2000) is the successor to the Lomé Conventions. One of the major differences from the Lomé Convention is that the partnership is extended to new actors such as civil society, private sector, trade unions and local authorities. These will be involved in consultations and planning of national development strategies, provided with access to financial resources and involved in the implementati ...
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United States Dollar
The United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, it ...
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Bamako
Bamako ( bm, ߓߡߊ߬ߞߐ߬ ''Bàmakɔ̌'', ff, 𞤄𞤢𞤥𞤢𞤳𞤮 ''Bamako'') is the Capital city, capital and largest city of Mali, with a 2009 population of 1,810,366 and an estimated 2022 population of 2.81 million. It is located on the Niger River, near the rapids that divide the upper and middle Niger valleys in the southwestern part of the country. Bamako is the nation's administrative centre. The city proper is a Cercles of Mali, cercle in its own right. Bamako's Inland port, river port is located in nearby Koulikoro, along with a major regional trade and conference center. Bamako is the seventh-largest West Africa, West African urban center after Lagos, Abidjan, Kano (city), Kano, Ibadan, Dakar, and Accra. Locally manufactured goods include textiles, processed meat, and metal goods as well as mining. Commercial fishing occurs on the Niger River. The name Bamako ( ''Bàmakɔ̌'' in Bambara language, Bambara) comes from the Bambara word meaning "crocodile river". ...
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Open-pit Mining
Open-pit mining, also known as open-cast or open-cut mining and in larger contexts mega-mining, is a surface mining technique of extracting rock or minerals from the earth from an open-air pit, sometimes known as a borrow. This form of mining differs from extractive methods that require tunnelling into the earth, such as long wall mining. Open-pit mines are used when deposits of commercially useful ore or rocks are found near the surface. It is applied to ore or rocks found at the surface because the overburden is relatively thin or the material of interest is structurally unsuitable for tunnelling (as would be the case for cinder, sand, and gravel). In contrast, minerals that have been found underground but are difficult to retrieve due to hard rock, can be reached using a form of underground mining. To create an open-pit mine, the miners must determine the information of the ore that is underground. This is done through drilling of probe holes in the ground, then plotting ea ...
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Regions Of Mali
Since 2016, Mali has been divided into ten regions and one capital district. A reorganization of the country from eight to nineteen regions was passed into law in 2012, but of the new regions, only Taoudénit (partitioned from Tombouctou Region) and Ménaka (formerly Ménaka Cercle in Gao Region) have begun to be implemented. Each of the regions bears the name of its capital. The regions are divided into 56 cercles. The cercles and the capital district are divided into 703 communes. Demographics The most populated region is Sikasso with 2.648 million people, and the least most populated is Kidal with just 38 thousand people. Geography Five regions are composed of mainly desert, however, they also have half the country's land mass. The largest region is Taoudénit and the smallest is Ségou, excluding Bamako. Regions The regions are numbered, originally west to east, with Roman numerals. The capital Bamako is administered separately and is in its own district. The ten ...
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London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral in the City of London. Since 2007, it has been part of the London Stock Exchange Group (LSEG, that it also lists ()). The LSE was the most-valued stock exchange in Europe from 2003 when records began till Autumn 2022, when the Paris exchange was briefly larger, until the LSE retook its position as Europe’s largest stock exchange 10 days later. History Coffee House The Royal Exchange had been founded by English financier Thomas Gresham and Sir Richard Clough on the model of the Antwerp Bourse. It was opened by Elizabeth I of England in 1571. During the 17th century, stockbrokers were not allowed in the Royal Exchange due to their rude manners. They had to operate from other establishments in the vicinity, notably Jona ...
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Johannesburg Stock Exchange
JSE Limited (previously the JSE Securities Exchange and the Johannesburg Stock Exchange) is the largest stock exchange in Africa. It is located in Sandton, Johannesburg, South Africa, after it moved from downtown Johannesburg in 2000. In 2003 the JSE had an estimated 473 listed companies and a market capitalisation of US$182.6 billion (€158 billion), as well as an average monthly traded value of US$6.399 billion (€5.5 billion). As of March 2022, the market capitalisation of the JSE was at US$1.36 trillion. History The discovery of gold on the Witwatersrand in 1886 led to many mining and financial companies opening and a need soon arose for a stock exchange. The first share transactions on the Rand took place in a rustic canvas tent, with trade taking place on Sundays, as this was the only day when mining was not allowed, owing to a strictly enforced regulation prohibiting the entry of African workers to the gold reefs. The ''Johannesburg Exchange & Chambers Company'' was ...
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