Roscan Gold Corporation has received an environmental permit from Mali’s ministry of environment, sanitation and sustainable development for a mining operation at its wholly-owned Kandiole gold project.
It said the environmental permit was a key milestone for the development of the gold project and the penultimate step that precedes the granting of the final mining license, which Roscan expects to obtain soon.
“This is a major milestone that significantly de-risks the Kandiole project towards a shovel-ready project with the mining lease in sight,” said Roscan chief executive Nana Sangmuah.
“It signals that Mali is open for business and continues to lay the foundation for further growth in production with a quick permitting timeline not seen in most jurisdictions. The rigs continue to turn with the goal of growing the global resource.”
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished
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