Mali’s industrial gold production is expected to increase by 19.6 percent this year to 59.3 tonnes, the mines ministry said on Wednesday. * Output in 2017 was 49.6 tonnes. * The expected increase is primarily due to the start of production at B2Gold’s Fekola and Hummingbird Resources’ Komana mines, the ministry said.
Panthera Resources (LON:PAT) holds an interest in the Kalaka and Bassala Projects in Mali though a JV established between IGL and Golden Spear Mining. The Kalaka Permit consists of a 62.5km² exploration tenement located about 260km SE of the capital, Bamako. The 27.4km² Bassala application is located approximately 200km south of Bamako. Both Kalaka and Bassala are located on the highly prospective Baoulé-Mossi Domain of the Man-Leo shield in the West African Craton.