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Mali Lithium raising A$70M for 'monster' mine deal

Mali Lithium has launched a A$70 million capital raising to fund the acquisition of Barrick Gold and AngloGold Ashanti’s Morila mine in southern Mali.

Mali Lithium raising A$70M for 'monster' mine deal Mali Lithium raising A$70M for 'monster' mine deal Mali Lithium raising A$70M for 'monster' mine deal Mali Lithium raising A$70M for 'monster' mine deal Mali Lithium raising A$70M for 'monster' mine deal

The Morila mine in Mali. Courtesy Barrick Gold

Euroz Securities is acting as lead manager for a two-tranche placement to raise $64 million.

The first tranche of $7.