Mali holds a treasure trove for gold investors

Gold mines in Mali are an designing calculation of critical speed of ball millunderexploited treasure trove for commodity investors, the supervisory board chairman of German-listed Pearl Gold told Reuters in an interview. "Mali is certainly one of the most promising locations for gold mining at present," Robert Goninon said.

"Other countries like Guinea, Ivory Coast, Burkina Faso, Mauritania and Ghana offer lucrative gold mining opportunities too, but Mali's political stability and legal framework sets it apart from its neighbours," he added. Regulation in Mali ensures that both nationals and non-nationals can exploit deposits under the same conditions -- a privilege not always granted to foreign investors. Pearl Gold, a holding company listed on the Frankfurt stock exchange at the end of 2010, focuses on investments in West African exploration and mining corporations, especially in the field of gold and other precious metals. It has a market capitalisation of around 230 million euros. The group already holds a 25 percent stake in Malian company Wassoul'Or S.A, which operates the Kodieran mine that it believes to contain about 1.75 million ounces of recoverable gold...