DGAP-News: Pearl Gold AG confirms stable production conditions at Malian gold mine
(firmenpresse) - DGAP-News: Pearl Gold AG / Key word(s): Miscellaneous
Pearl Gold AG confirms stable production conditions at Malian gold
mine
28.03.2012 / 14:10
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Pearl Gold AG confirms stable production conditions at Malian gold mine
Frankfurt, 28 March 2012 -In the context of the political upheavals in Mali
last week, Pearl Gold AG, which invests in gold mining projects in the
country, is in close contact with its partners in Bamako and is
continuously monitoring further developments.
The operations at Kodieran gold mine some 300 kilometers south of the
capital Bamako, in which Pearl Gold holds a 25% stake, have not been
affected by the political troubles and are running normally.
'For more than 20 years, Mali has been an example for democratic structures
in Africa. We are very confident that the Malian people will adhere to a
democratic political order', says Lutz Hartmann, member of the management
board of Pearl Gold. And he states: 'Yesterday's statements and measures by
the current military regime including the reopening of the airport and all
terrestrial borders, endorses our trust and confidence in the Malian
business environment and confirms that international investment will remain
untouched. We have received direct assurance by the persons in control,
that the legal and economic conditions for the mining operations in Mali
will remain unchanged.'
Pearl Gold AG
Pearl Gold AG is a holding company listed on the Open Market of the
Frankfurt Stock Exchange, based in Frankfurt. The company focuses on
investments in West African exploration and mining corporations, especially
in the field of gold and other precious metals. The first investment of
Pearl Gold is the Malian mining company Wassoul'Or, in which Pearl Gold
holds 25% of shares. Wassoul'Or concentrates on the exploration and
production of gold and runs the Kodieran gold mine in the South of Mali.
For further information visit http://www.pearlgoldag.com
For Inquiries:
MSL Financial
Steffi Fahjen
Email: steffi.fahjen(at)mslgroup.com
Tel: +49 (0) 69 6612456 8394
End of Corporate News
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28.03.2012 Dissemination of a Corporate News, transmitted by DGAP - a
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162718 28.03.2012
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Datum: 28.03.2012 - 14:10 Uhr
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News-ID 129357
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