SADIOLA GOLD MINE
Location
The Sadiola Gold Mine is located in southwest Mali, West Africa near the Senegal Mali border, approximately 70 kilometres south of the town of Kayes, the regional capital. Kayes has a population of roughly 127,000 people and is located 510 kilometres northwest of the Mali capital Bamako.
The Republic of Mali is a landlocked nation bordering Algeria on the north, Niger on the east, Burkina Faso and the Côte d'Ivoire on the south, Guinea on the southwest and Senegal and Mauritania on the west. The country is just over 1,240,000 km² with an estimated population of almost 12,000,000.
On December30, 2020IAMGOLD,together with joint venture partner, AngloGold Ashanti Limited (“AGA”),completed the sale of the collectiveinterests inSociété d’Exploitationdes Mines d’Or deSadiolaS.A. (“SEMOS”) to Allied Gold Corp (“Allied Gold”) (the “Transaction”). SEMOS’ principal asset is theSadiolaGold Mine, located in theKayesregion of Western Mali.