RE:takeover
Hi Rookie;
...I think Randgold could be the next on Avnel Gold! Rand's Morila Gold Mine is on the ende!
Morila is situated 280km south east of Bamako, the capital of Mali, and is a joint venture between Randgold (40%), AngloGold Ashanti (40%) and the State of Mali (20%). Randgold has operated Morila since February 2008.
Measured and Indicated
2015
24 Mil.t 0.6 gr/t 0.4Mil.Oz!!!
https://www.randgoldresources.com/morila-gold-mine
total cash costs of $1 276/oz ,for the year, profit from mining decreased
significantly to $6.9 million (2015: $60.5 million) on the back of the lower grade ore milled, lower recoveries and lower production!!
https://www.randgoldresources.com/sites/randgoldresources/files/Morila%20Update%20-%2031%20December%202016.pdf
PEACE & LOVE
EIXLBERGER