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Mali: soon producer of uranium and bauxite
By African Bulletin on May 5, 2010
The uranium and bauxite will soon play a leading role in mining, alongside gold, according to a document published by the National Directorate of Mines and Geology of Mali.This paper reports the existence of large uranium and bauxite potential in the rural town of Faléa (Kayes region) located west of Mali. Annual production of uranium in this locality is estimated at 5000 tonnes in a valley of 150 km2 near the country’s border with Senegal and Guinea-Conakry.
The Canadian Delta Exploration Inc. (Subsequently incorporated into Rockgate Capital Corp.) since 2007 has obtained a permit for exploration and exploitation of resources in the municipality of Faléa. Exploration activity in the area is expected to last until the end of this year. It will take place at the same time as the Environment Impact Studies (E.I.S).
In terms of bauxite, the CAMEC’s (Central African Mining & Exploration Co, UK) expertise showed an estimated reserve of 420 million tonnes, still in the county of Faléa. The CAMEC Company envisages the construction of a plant that would produce an annual three million tonnes of alumina (a derivative of bauxite), starting on 2015. What would make Mali the largest exporter of alumina in West Africa before Guinea-Conakry, which produces about 750,000 tonnes per year.