Ousmane Diagana, the West and Central Africa vice-president of the World Bank explains the Bretton Woods institution's positioning and priorities ... on the continent. In this long interview, he pushes back against the familiar critique of rigidity and economic orthodoxy.
The inferred resource at the site is 3.65m ounces of gold, which by itself is comfortable enough to justify development, Pardey says. Bankan has the potential to become a Tier One mine which can remain in production for between 15 and 20 years, adds Pardey, a former CEO of Egyptian gold mine operator Centamin. “This resource is only going to continue to grow.”
Predictive Discovery, which trades on the Australian stock exchange, in May raised A$55m in an oversubscribed placement which drew support from institutions. Among the investors is Blackrock, which at the end of May reported a stake of seven per cent.