Mali industrial gold output on track to beat forecast, says ministry

BAMAKO, Nov 9 (Reuters) - Industrial gold production inMali, one of Africa's top producers of the precious metal, isexpected to beat the 60.5 tonnes forecast for 2021, a minesministry official said on Tuesday.Gold production from the 13 mines operated by major minersincluding Barrick Gold , B2Gold , ResoluteMining and AngloGold Ashanti stood at 47.1tonnes by the end of September, the ministry said."At the end of September industrial gold production stood at47.1 tonnes, 2.6 tonnes more than the initial forecast forSeptember, which was 44.5 tonnes," said Mamadou Sidibe, head ofthe mines ministry's audit and statistics department."With this trend we are sure that the forecast for the yearwill be reached or even exceeded," Sidibe said, adding thatstrong production was usually expected during the last quarterof the year.Mali's industrial gold production in 2020 totalled 65.2tonnes. (Reporting by Tiemoko Diallo
Writing by Bate FelixEditing by David Goodman)

@BateFelix;)) Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Silver inventories rebound in UK, output from major producers rises

Silver's three-month outperformance continues

Silver & Copper Supply Distortions Continue

Gold stocks down in risk-on shift

Gold stocks rocket on metal rebound and equities jump