Organisation Societe des Mines de Morila SA
Alternate Name  
Abbreviation  
Parent Morila Ltd (80%); Ministry of Finance (20%)
u.r.l.  
email  
Country Mali
Location Morila Gold Mine
Address  
Postal Address  
Telephone  
Management u.r.l.  
Fax  
Sector Gold Mining
Organisation Type African Private Sector
Status  
Stated Role AngloGold And Randgold Resources Morila Joint Venture In Mali: <P>Wednesday, April 05, 2000 , the Boards of AngloGold Limited and Randgold Resources Limited announced the sale by Randgold Resources of a 50% share of its stake in the Morila gold mining project in Mali to AngloGold for US$132 million in cash.<P>The transaction involves the disposal to AngloGold of 50% of Randgold Resources (Morila) Limited which holds 80% of Societé des Mines de Morila SA (Morila). This will give each company a 40% indirect interest in the operation with the balance being held by the Mali Government. In terms of the joint venture agreement, AngloGold will be appointed to operate the project.<P> <P>
Activities  
Geographical Focus  
Notes  
Current Positions
Position Name From To
Chief Executive Richard Le Sueur 2005  
Budgets
Donor From To Budget ($) Note
Links to Related Organisations
Immediate Parents Morila Ltd
Ministry of Finance
Subsidiary Organisations Morila Mine
Sibling Organisations African Fund for Guarantee & Economic Co-operation
General Secretariat of the Ministry of Finance [62]
West African Development Bank [43]
Banque Commerciale du Sahel - SA [1]
Banque de Developpement du Mali - SA [5]
Banque Internationale pour le Mali - SA [3]
Banque Nationale de Developpement Agricole [2]
Société des Mines de Loulo (SOMILO) S.A [5]
Societe d'Exploitation des Mines d'Or de Sadiola (SEMOS SA) [1]
Yatela Gold Mine
Société des Mines de Syama - SA [1]
Tambaoura Mining Company - SA [1]
Société des Mines d'Or de Kalana (SOMIKA SA) [1]
Siribaya Exploration Project
Banque Sahelo-Saharienne pour l'Investissement et le Commerce [3]
Credit Initiative - SA
Societe de Pari Mutuel Urbain du Mali - SAEM [1]
Caisse Autonome d'Amortissement
Associated Organisations  
Donor Recipients  
Past Positions
Position Name From To
General Manager Glen Koropchuk 2000 2005
Record last updated on 17 JAN 2008