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Cora Gold Welcomes Mali’s Partial Lifting of Mining Moratorium

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Cora Gold Welcomes Mali’s Partial Lifting of Mining Moratorium

Cora Gold Ltd. ( (GB:CORA) ) has provided an announcement.

Cora Gold Limited announced that the Government of Mali has partially lifted a moratorium on mining permits, effective from 15 March 2025, which is seen as a positive development for the mining sector and Cora’s Sanankoro Gold Project. This move allows the company to advance its permitting process and potentially expedite the development of its flagship project, contributing to Mali’s economic growth and the mining industry’s revitalization.

More about Cora Gold Ltd.

Cora Gold Limited is a West African gold developer with project areas in Mali and Senegal, focusing on developing the Sanankoro Gold Project in the Yanfolila Gold Belt, south Mali. The company aims to establish an open pit oxide mine and has demonstrated strong economic fundamentals through its 2022 Definitive Feasibility Study.

YTD Price Performance: 26.53%

Average Trading Volume: 368,842

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £14.02M

See more insights into CORA stock on TipRanks’ Stock Analysis page.

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