Sadiola Gold Mine



Company Name : Sadiola Gold Mine
Category : Public
Industry : gold mining
Founded : 1996
Headquarters : Sadiola
Product : Gold Products
Website : http://www.iamgold.com/
Company Email : Not Mentioned
Facebook Url : Not Mentioned
Twitter Url : Not Mentioned
Address : Not Mentioned

Company Description

The Sadiola Gold Mine is an open-pit gold mine situated near Sadiola, in the Kayes Region of Mali. The operation is jointly owned by AngloGold Ashanti and Iamgold, who each have an effective holding of 41%, while the Government of Mali owns the remaining 18%. The International Finance Corporation originally held 6% of the mine put sold this share equally to Anglo and Iamgold in December 2009.

Sadiola Gold Mine is a joint venture between AngloGold Ashanti and IAMGOLD. The mine is located in the Kayes region of Mali, near the border with Senegal. Sadiola Gold Mine is one of the largest gold mines in West Africa. The mine is operated by AngloGold Ashanti and IAMGOLD, who each hold a 41% stake in the mine. The remaining 18% stake is held by the Government of Mali.

Sadiola Gold Mine has been in operation since 1997 and is estimated to have produced over 3.2 million ounces of gold. The mine is located on the Sadiola Hill, which is made up of a series of quartz-carbonate veins. The mine is an open pit operation and utilizes conventional drilling, blasting and hauling methods to extract the ore. The ore is then processed through a gravity circuit, followed by a carbon-in-pulp (CIP) circuit, before being sent to the refinery.

The Sadiola Gold Mine is an important contributor to the local economy. The mine provides employment to over 1,000 people and has provided a significant amount of revenue to the government of Mali. The mine has also been an important source of foreign investment and has been a major contributor to the development of the region. The Sadiola Gold Mine has also been a major contributor to the environment. The mine has implemented a number of environmental initiatives to reduce its environmental impact. These include the use of dust control measures, the installation of a tailings management system and the implementation of a water management system. The mine has also implemented a number of social initiatives to benefit the local community, including providing education and health services to the local population.

The Sadiola Gold Mine is an important contributor to the economy of Mali and the region. The mine has been an important source of foreign investment and has provided employment and revenue to the government of Mali. The mine has also been a major contributor to the environment, implementing a number of environmental initiatives to reduce its impact. The mine has also implemented a number of social initiatives to benefit the local community.

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