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…

Wall Street Stock Exchange: Values to Follow on Wall Street

Main stocks to follow on Monday on Wall Street, where index futures suggest an opening up about 0.5% for the Dow Jones and 0.2% for the Standard & Poor's 500 but down 0.25 % for Nasdaq:

 
Wall Street Stock Exchange
 
📈 FACEBOOK and TWITTER lost about 2.6% in avant-Bourse and SNAP fell by 2.5% after the announcement by several large groups of the interruption of their advertising campaigns on social networks. JPMorgan analysts believe the ads create short-term risk for Facebook action.

📈 BOEING will begin a series of 737 MAX certification flights over Monday, spanning three days, sources familiar with the matter have learned. The title gains 3.2% in transactions in avant-Bourse.

📈 CHESAPEAKE ENERGY filed for bankruptcy on Sunday, becoming the largest US oil and gas group to apply for Chapter 11 bankruptcy protection in the United States, weighed down by heavy debt and the impact of energy sector coronavirus.

📈 COTY announced the acquisition of 20% of the capital of the make-up brand KKW, created by the reality star Kim Kardashian West, for 200 million dollars. The title jumped almost 17% in avant-Bourse.




📈 STARBUCKS will take a break from its paid advertising programs on all social networks while the group is reflecting on solutions to prevent the spread of hate speech, the group said in a statement on Sunday.

📈 KKR and APOLLO GLOBAL MANAGEMENT are among the potential buyers of the wealth management activities of National Australia Bank, an operation whose amount could exceed one billion Australian dollars (610 million euros), we learned from three sources close to the matter.

📈 GILEAD SCIENCES announced Monday that it has set the price of remdesivir for the treatment of Covid-19 at 390 dollars per ampoule in the United States and in other developed countries, or 2,340 dollars for a treatment of five days, the duration recommended in the vast majority of cases.

📈 INTERCEPT PHARMACEUTICALS fell by more than 34% in trading in the stock market just after the announcement by the Food and Drug Administration (FDA) of a request for approval of a treatment for NASH, a chronic disease liver.




📈 AMC ENTERTAINMENT HOLDINGS - Credit Suisse lowers its recommendation to “underperformance” against “neutral”

📈 WARNER MUSIC GROUP - JPMorgan begins monitoring the track to "overweight" with a target of 40 dollars.