Mali Lithium raising $70M for 'monster' mine buy

MALI Lithium has launched a A$70 million capital raising to fund the acquisition of Barrick Gold and AngloGold Ashanti’s Morila mine in southern Mali.

Mali Lithium raising $70M for 'monster' mine buy Mali Lithium raising $70M for 'monster' mine buy Mali Lithium raising $70M for 'monster' mine buy Mali Lithium raising $70M for 'monster' mine buy Mali Lithium raising $70M for 'monster' mine buy

The Morila mine in Mali. Courtesy Barrick Gold

Euroz Securities is acting as lead manager for a two-tranche placement to raise $64 million.

The first tranche of $7.