Canada's Allied Gold says it could look at options for power supply deal at Sadiola mine
ReutersJun 9, 2025 3:36 PM
By Divya Rajagopal
TORONTO, June 9 (Reuters) - Canadian miner Allied Gold told Reuters on Monday that it could look at alternative options for a power supply deal at its Sadiola mine in Mali.
The gold miner had signed an agreement with UAE-based Ambrosia Investment for a 50% stake in its Mali mine to install a new power supply system. The deal was signed in February this year and is yet to close.
"Our position in the country has changed dramatically along with gold prices," Allied Gold CEO Peter Marrone told Reuters in an interview.
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