DGAP-News: Pearl Gold AG: First gold shipment from Malian mine arrives at refinery
(firmenpresse) - DGAP-News: Pearl Gold AG / Key word(s): Miscellaneous
Pearl Gold AG: First gold shipment from Malian mine arrives at
refinery
11.05.2012 / 11:56
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Pearl Gold AG: First gold shipment from Malian mine arrives at refinery
Frankfurt, 11 May 2012 - Pearl Gold AG (02:GR) announces that a first
shipment of gold from the Kodieran gold mine in Mali has arrived in
Switzerland, where it will be refined. Gold production at Kodieran started
at the end of February this year. Despite the recent political upheavals in
Mali, the Kodieran mine is continuously increasing its capacity. The
operating mining company Wassoul'Or S.A., in which Pearl Gold holds a 25
percent stake, confirms that operations at the gold mine about 300
kilometers south of Bamako have only been affected by the political
situation as concerning the departure of international suppliers and
operators but continues to make good progress: The gold production is
constantly running and has consistently increased its daily output to soon
reach its full production capacity of 11,000 tons of raw material per day.
Pearl Gold's and Wassoul'Or's efforts to enable a quick return of
international suppliers, service personnel and operators that had recently
left the country are bearing fruit and teams have been joining the local
experts on the mine contributing to its further progress.
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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169407 11.05.2012
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Datum: 11.05.2012 - 11:56 Uhr
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