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Canada's Allied Gold says it could look at options for power supply deal at Sadiola mine
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Canada's Allied Gold says it could look at options for power supply deal at Sadiola mine
Jun 9, 2025 9:00 AM

TORONTO, June 9 (Reuters) - Canadian miner Allied Gold ( AAUC )

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 ( AAUC ) CEO Peter Marrone told Reuters in an

interview.

(Divya Rajagopal in Toronto)

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