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Morila sale could make minnow a gold miner

Small-cap Mali Lithium is looking to take a big step up with the acquisition of an 80% stake in the Morila gold mine from Barrick Gold and AngloGold Ashanti.

Morila sale could make minnow a gold miner Morila sale could make minnow a gold miner Morila sale could make minnow a gold miner Morila sale could make minnow a gold miner Morila sale could make minnow a gold miner

The Morila pit with mine infrastructure in the background

Consideration is US$22-27 million, depending on the closing balance of tax credits when the deal closes, expected by the end of October.