Morila Mine Banner

Overview

Morila was discovered, developed and financed by Randgold. The mine was commissioned in October 2000 and, since inception, has produced more than 6Moz of gold and paid more than $2 billion to stakeholders.

In 2009, Morila was converted to a stockpile treatment operation. Closure of the operation was originally scheduled for 2013 but a pit pushback and tailings treatment project is expected to extend its life to 2017.

Work continues on the development of a commercial agri-business to utilise the mine’s infrastructure and provide sustainable economic activity in the area after Morila’s eventual closure.

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.
 

Achieved in 2016

  • Produced 54 022oz from mineralised waste stockpiles and the TSF
  • Completed the construction of the TSF reprocessing facility to transfer higher grade slurry to
    the plant
  • Completed hard rock mining and successfully transitioned to processing TSF material
  • Continued to invest in the development of a viable agribusiness as part of its closure plans
  • OHSAS 18001 and ISO 14001 certification maintained
  • LTIFR of 0.56 for the year due to one lost time injury in Q1
  • Malaria incidence rate decreased by 44% year on year

Targeted in 2017

  • Produce 60 000oz of gold
  • Complete the feasibility of the nearby Ntiola and Viper deposits for potential inclusion
    in mine plan
  • Complete permitting process for Domba and ensure operational readiness to bring Domba into the mine plan
  • Obtain formal endorsement of agribusiness and legacy initiative by Government of Mali
  • Manage the ongoing downsizing of the operation
  • Reduce cost base of the operation to ensure profitability

Morila Key Results Key 2016 results