Mali approves seven new mining deals under revised code
The agreements are aimed at ensuring Mali has a fixed, non-reducible equity position in the ventures along with priority access to dividends.
25 September 2025
25 September 2025
The agreements are aimed at ensuring Mali has a fixed, non-reducible equity position in the ventures along with priority access to dividends.
The company plans to allocate between $150m (C$208.46m) and $170m to a project in Chile and around $600m to a mine in Brazil.
The company anticipates a reduction in copper and gold sales due to the disruption of operations after a mud rush incident.
The acquisition is expected to enhance Weir's existing software offerings, particularly its mine planning and control software, Micromine suite.
The USAC is expected to deliver the initial orders under the contract this week.
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