UAE investor buys stake in Mali gold mines
UAE investor buys stake in Mali gold mines from Canada’s Allied Gold
Emirati group Ambrosia Investments Holdings said on Tuesday that it was investing about $500mn into Allied Gold, agreeing to pay $375mn for a 50 per cent stake in Allied’s mines in Mali, and $110mn to buy a 12 per cent stake in the listed parent company.
Allied Gold inks deal with Ambrosia for Sadiola mine in Mali
Canadian miner Allied Gold has entered a strategic partnership with Ambrosia Investment Holding, a United Arab Emirates (UAE)-based investment fund, to unlock immediate value from its Sadiola gold mine in Mali and strengthen the company’s financial position.
Canadian miner Barrick Gold has signed a new agreement with the Malian government to end an almost two-year-old dispute over ...
The accident took place in an open-pit area people had gone into in search of gold. Informal mining is a common and dangerous ...
The Associated Press on MSN12d
The collapse of a gold mine has killed 42 people and injured several others in MaliCopyright 2025 The Associated Press. All Rights Reserved. Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year ...
More than 40 people, mostly women, were killed after an illegal gold mine collapsed in Mali on Saturday.The collapse took ...
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