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Gold mining: The Malian company Firefinch obtains a new permit

04/04/2022
Categories: Raw materials

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The Australian mining company operating in Mali, Firefinch Limited announced on March 31, 2022 that its subsidiary Birimian Gold Mali Sarl has obtained an exploitation permit (mining license) covering the "Exploration of Finkola License".

The mining permit transfer process as required by Malian legislation will now begin. Firefinch also explains that “the company will initially be a 100% owned subsidiary of Firefinch and will be a stand-alone company separate from Morila”. It should be noted that the Malian State has the right to receive a free participation of 10%.

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