- Morila Gold Mine
-
Morila Gold Mine Location in Mali
Morila Gold Mine11.94°N 6.28°W / 11.94°N 6.28°WCoordinates: 11.94°N 6.28°W / 11.94°N 6.28°W
Location Sanso Region Sikasso Country Mali Owner Company AngloGold Ashanti (40%)
Randgold Resources (40%)
Government of Mali (20%)Website AngloGold Ashanti website
Randgold websiteJSE
LSEANG
RRSProduction Financial year 2009 Ounces of Gold 342,000 History Opened 2000 Closed 2013 (expected) The Morila Gold Mine is an 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 by AngloGold Ashanti and Randgold Resources, who each have an effective holding of 40% through jointly-owned Morila Limited, while the Government of Mali owns the remaining 20%.[1]
Apart from Morila, AngloGold Ashanti's also ownes part of the Sadiola and the Yatela Mine in Mali. The production of its mines in Mali contruibuted 8% to the company's overall production in 2008.[2]
The mine was operated by AngloGold Ashanti, but operations were taken over by Randgold in 2008.[2]
Contents
History
The mine opened in October 2000.[3]
Mining at Morila, carried out in a single open pit, was completed in April 2009. The treatment of low-grade stockpiles however is expected to continue until 2013. Consequently, with the mining having ceased, the number of employees at Morila has fallen from 1,700 in 2008 to 1,053 in 2009.[1]
Randgold, the operator of the mine, has commenced a study to investigate the viability of a large agricultural business in the area, which could use some of the existing infrastructure of the mine after its closure and provide employment for the than retrenched mining staff.[3]
The mine has been blamed for dividing the people in local commuties in the region into those that have found well-paying jobs in the mine and prospered, while those that have not remain poor. A strike at the mine in 2004 was aimed at countering this issue, resulting in a promise by the mine owners to invest into the local communities after the mine closure.[4]
Production
Production figures of the recent past were:
Year Production Grade Cost per ounce 2003 [5] 794,000 ounces 7.56 g/t US$ 108 2004 [5] 510,000 ounces 4.44 g/t US$ 184 2005 [5] 655,000 ounces 5.41 g/t US$ 191 2006 [6] 517,000 ounces 3.88 g/t US$ 275 2007 [1] 450,000 ounces 3.36 g/t US$ 350 2008 [1] 425,000 ounces 3.08 g/t US$ 419 2009 [1] 342,000 ounces 2.47 g/t US$ 527 2010 References
- ^ a b c d e Annual Report 2009 AngloGold Ashanti website, accessed: 27 July 2010
- ^ a b Country report: Mali AngloGold Ashanti website, accessed: 26 July 2010
- ^ a b Morila Gold Mine Randgold website, accessed: 8 August 2010
- ^ 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
- ^ a b c Annual Report 2005 AngloGold Ashanti website, accessed: 11 July 2010
- ^ Annual Report 2006 AngloGold Ashanti website, accessed: 11 July 2010
External links
- AngloGold Ashanti website
- Randgold website
- Morila mine (MLI-00122) Secretariat of the African, Caribbean and Pacific Group of States website
- Morila Gold Mine description ICMM website
AngloGold Ashanti Corporate Management James Motlatsi • Frank Arisman • Ferdinand Ohene-Kena • Wiseman Nkuhlu • Bill Nairn • Sipho Pityana • S. VenkatakrishnanMines AfricaNorth AmericaOceaniaSunrise Dam · TropicanaSouth AmericaRelated articles Categories:- Gold mines in Mali
- Surface mines in Mali
- AngloGold Ashanti
- Sikasso Region
Wikimedia Foundation. 2010.
