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Toubani Resources begins Mali gold project amid global demand

Gold mine. Photo by Ricardo Gomez Angel @ Unsplash
Gold mine. Photo by Ricardo Gomez Angel @ Unsplash
  • Kobada project enters construction phase in Mali
  • First gold production targeted for Q3 2027

 

BAMAKO, MALI – Toubani Resources has begun construction of its Kobada Gold Project in Mali, marking a key step in its ambition to become a leading gold producer in West Africa.

The company said the project has secured financial backing following its Final Investment Decision and approvals from the Malian government, with about 40% of capital expenditure already deployed.

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