Champagne corks were popping in Mali as gold mining colossus Randgold Resources announced the official opening of the Gounkoto mine, the company's fourth gold mine in Mali.
The mine was opened by Tiena Coulibaly, Mali's minister of the economy, finance and budget.
The mine is a separate corporate entity with its own mining licence, but is operationally linked to the company's nearby Loulo complex, itself in the process of expansion.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
JH
-
How to invest in nuclear powerWe need nuclear power to go green, says Dominic Frisby. But there is a better option than huge power stations
-
Chase slashes its easy-access savings rate – is it time to switch?The Chase easy-access savings account has proved popular with savers thanks to its competitive rate and bonus deals. But, as the rate has dropped, has it lost its charm?
