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(Ecofin Agency) – Canada’s Robex Resources has been running the Nampala gold mine in Mali since 2017. Since then, the mine has delivered 230,000 ounces of gold. Last year, the Malian government doubled its stake in the project, located 250 km from Bamako, the capital.
The lifespan of Mali’s Nampala gold mine has been extended, from June to December 2026. Robex, the Canadian firm running the project, announced the extension on January 16, stating that annual production is expected to be around 52,000 ounces based on mineral reserves of 121,000 ounces.
“Increasing the life of mine at Nampala is an important step for Robex to define the future for this asset. The team at Nampala has done a fantastic job of continuing to produce gold at low costs in a challenging environment,” said CEO Matthew Wilcox.
Robex Resources also said it could extend the operational life of the Nampala gold mine beyond 2026. Since commencing production in 2017, the mine has amassed over 100,000 ounces of gold categorized as indicated mineral resources, with ongoing exploration efforts aimed at converting these into reserves.
In a related development, Robex recently renegotiated its partnership with the Malian government, resulting in a $22.3 million payment and an increase in the government’s stake in the Nampala mine from 10% to 20%.
Emiliano Tossou
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