Mali revises 2023 industrial gold forecast up 6% to 67.7 tonnes

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BAMAKO, May 31 (Reuters) -Mali has revised its 2023 industrial gold forecast to 67.7 tonnes, up from a previous forecast of 63.9 tonnes, according to mines ministry data shared with Reuters on Wednesday.

Mali is one of Africa's top gold producers and home to industrial mines operated by companies including Barrick Gold ABX.TO, B2Gold Corp BTO.TO, Resolute Mining RSG.AX, AngloGold Ashanti ANGJ.J and Hummingbird Resources HUMR.L.

The revised forecast of 67.7 tonnes is around 2.3% higher than the 66.2 tonnes of industrial gold produced in 2022.

With an estimated 6 tonnes produced in artisanal mines, Mali's total gold production this year is now expected to reach 73.7 tonnes, the data showed.

Reporting by Tiemoko Diallo
Editing by Sofia Christensen


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