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Firefinch to exit Morila debacle in Mali

Subsidiary likely to enter insolvency process

Michael Quinn
The Morila gold mine in Mali, which was acquired from Barrick Gold and AngloGold Ashanti

The Morila gold mine in Mali, which was acquired from Barrick Gold and AngloGold Ashanti

Firefinch, which had A$54.5 million at the end of September, has told its subsidiary it is "unable to continue to fund it". While Firefinch expects its investment in Morila SA to be written down to...

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