Mali revises 2023 industrial gold forecast up 6% to 67.7 tonnes

Hummingbird Resources

31/05/2023 19:54

BAMAKO, May 31 (Reuters) - Mali has revised its 2023
industrial gold forecast to 67.7 tonnes, up from a previous
forecast of 63.9 tonnes, according to mines ministry data shared
with Reuters on Wednesday.
    Mali is one of Africa's top gold producers and home to
industrial mines operated by companies including Barrick Gold
 ABX.TO , B2Gold Corp  BTO.TO , Resolute Mining  RSG.AX ,
AngloGold Ashanti  ANGJ.J  and Hummingbird Resources  HUMR.L .
    The revised forecast of 67.7 tonnes is around 2.3% higher
than the 66.2 tonnes of industrial gold produced in 2022.
    With an estimated 6 tonnes produced in artisanal mines,
Mali's total gold production this year is now expected to reach
73.7 tonnes, the data showed.

 (Reporting by Tiemoko Diallo
Editing by Sofia Christensen)
 ((Sofia.Christensen@thomsonreuters.com;))