Gold: Mali: Africa’s third largest gold producer with large scale exploration ongoing. Mali has been famous for its gold since the days of the great Malian empire and the pilgrimage to Mecca of the Emperor Kankou Moussa in 1324, on his caravan he carried more than 8 tonnes of gold! Mali has therefore been traditionally a mining country for over half a millennium.
Mali currently has seven operating gold mines which include: Kalana and Morila in Southern Mali, Yatela, Sadiola and Loulo in Western Mali, and mines which have recently restarted production notably Syama and Tabakoto. Advanced gold exploration projects include: Kofi, Kodieran, Gounkoto, Komana, Banankoro, Kobada and Nampala.
Uranium: encouraging signs and exploration in full swing. Exploration is currently being carried out by several companies with clear indications of deposits of uranium in Mali. Uranium potential is located in the Falea area which covers 150 km² of the Falea- North Guinea basin, a Neoproterozoic sedimentary basin marked by significant radiometric anomalies.
Uranium potential in Falea is thought to be 5000 tonnes. The Kidal Project, in the north eastern part of Mali, with an area of 19,930 km2, the project covers a large crystalline geological province known as L’Adrar Des Iforas. Uranium potential in the Samit deposit, Gao region alone is thought to be 200 tonnes.
Diamonds: Mali has potential to develop its diamond exploration: in the Kayes administrative region (Mining region 1), thirty (30) kimberlitic pipes have been discovered of which eight are show traces of diamonds. Some eight small diamonds have been picked in the Sikasso administrative region (southern Mali).