Morila gold mine
Firefinch to raise up to $25 million
Firefinch continues to target debt funding of approximately US$50 million and remains in advanced discussions with potential financiers.
Firefinch’s Morila mine: Reviving one of Africa’s great gold mines
"By the second half of 2022, we aim to rapidly increase our production to 120 000 ozpa of gold by mining the Morila Super Pit."
Production at Firefinch’s Morila sets a new benchmark
"We expect this trend to continue as we access Viper and enjoy a full quarter of operating the recommissioned processing circuit."
Firefinch raises A47 million for Morila and Goulamina operations
“We thank our existing shareholders for their support and welcome high-quality institutions to our register and the Firefinch growth story."
A$47 million equity raising by Firefinch for projects in Mali
"This will allow Firefinch to continue our momentum in both our gold and lithium businesses." - Firefinch MD, Dr Michael Anderson.
Firefinch awards open pit contractor for Morila
The JV has been awarded the contract to mine satellite pits Viper and N’tiola, as well as phase 1 mining of the Morila Super Pit.
Firefinch’s Morila mine begins using feed from Pit 5
The open pit mining of Morila’s satellite pits is forecast to increase production from 50,000 gold in 2021, to 120,000 oz in 2022.
Firefinch begins dewatering of Morila super-pit in Mali
Mining of the Morila Superpit is scheduled to commence in 2022. In the meantime, satellite pits are currently being prepared for mining.
Quick figures: Morila gold mine’s reprocessing of tailings
In January, the mine produced 3,494 ounces of gold and 3,372 ounces of gold in February. The mine remains on track to meet guidance.
Firefinch calls out Malian Tax Department
The company is confident that the source of information utilised by the tax department to establish Morila SA gold sales is incorrect.
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