Mali: Altus Strategies Announces Increase In Resources For The Diba Gold Project

Gold resources from the Diba project in Mali have increased, now totaling more than 400,000 ounces in the indicated and inferred categories. This is what Altus Strategies, the asset holder, said on Monday, adding that these figures will soon be improved thanks to new drilling.

In Mali, the mining company Altus Strategies released a new resource estimate for the Diba gold project on Monday. Made by the engineering company Mining Plus as part of the prefeasibility study for the project, this update indicates a 637% increase in resources classified as "inferred".

The latter went from 32,500 ounces of gold to 5.4 million tonnes of resources grading 1.06 g / t of gold, or 187,000 ounces. At the same time, resources classified in the "indicated" category are now 4.8 million tonnes grading 1.39 g / t gold, or 217,000 ounces.

"There is significant exploration potential for new discoveries at Diba, with seven priority prospects still to be systematically tested by drilli…

COVID-19: African Development Bank mobilizes $ 22 million for low-income countries in the ECOWAS region

The Board of Directors of the African Development Bank approved, on May 22 in Abidjan, an emergency project in favor of low-income countries members of ECOWAS for strengthening the health systems of The Gambia, Mali and from Niger in response to the COVID-19 pandemic.
African Development Bank mobilizes $ 22 million for low-income countries in the ECOWAS region

Through this project, the Bank is making available to countries an amount of US $ 22.4 million. This financing is intended, on the one hand, for an amount of 9.55 million US dollars to acquire and make available to countries consumable goods and complementary inputs including screening tests, laboratory consumables, ventilators of respiratory assistance and personal protective equipment for medical personnel.

The second activity of the project, worth approximately US $ 12.83 million, will consist in strengthening and integrating the health systems of The Gambia, Mali and Niger, in particular, through coordination, operation and equipping national COVID-19 pandemic teams; the development and equipment of health infrastructure; training of health personnel; the supply of medical consumables and pharmaceuticals and the establishment of a computerized early warning system.

The operation will be executed by the West African Health Organization (WAHO), in accordance with the mandate to coordinate the interventions of technical and financial partners which has been entrusted to it by the Heads of State and Government of ECOWAS, during of their extraordinary meeting of April 23, 2020, in order to harmonize the fight against the pandemic.