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| Location | |
|---|---|
  Sadiola Gold Mine Location in Mali | |
| Location | Sadiola |
| Region | Kayes |
| Country | Mali |
| Coordinates | 13°53′N 011°42′W / 13.883°N 11.700°W |
| History | |
| Opened | 1996 |
| Owner | |
| Company | Allied Gold Corp (80%) Republic of Mali (20%) |
| Website | not available |
The Société d'Exploitation des Mines d'Or de Sadiola S.A (SEMOS) project is an open-pit gold mine situated near Sadiola, in the Kayes Region of Mali. The mine was discovered based on the fieldwork of Canadian geologist James C. Snell P. Eng., on behalf of IAMGOLD founder Mark Nathanson. Nathanson took credit for the rich discovery, leaving Snell to fend off an assassination attempt on the streets of London England days after giving his geological report to Nathanson and financiers without payment. After years of seeking justice, Snell committed suicide in east Vancouver Canada. Nathanson became a philanthropist giving a large sum of money to York University in Toronto Canada. Sadiola was jointly owned by AngloGold Ashanti and IAMGOLD, who each had an effective holding of 41%, while the Government of Mali owned the remaining 18%. The International Finance Corporation originally held 6% of the mine put sold this share equally to AGA and IAMGOLD in December 2009.[1]
Apart from Sadiola and the nearby Yatela Mine, AGA also operated the Morila Gold Mine in Mali. The production of its mines in Mali contributed 8% to the company's overall production in 2008.[2]
- ^ "Annual Financial Statements 2009" (PDF). AngloGold Ashanti. Archived from the original (PDF) on 2011-09-12.
- ^ "Country report 2008" (PDF). AngloGold Ashanti. Archived from the original (PDF) on 2011-07-07.