A new bidder could effectively free up Shandong and Nordgold of their respective “best and final” statements and enable both to increase their offers.

The Rainbow discovery is within 250 metres of a high-voltage power line and 550 metres from a historic shaft with road access to processing facilities in Flin Flon.

The National Union of Malian Workers said it would launch a strike beginning at midnight on Tuesday to push for better pay and bonuses.

PEA suggests a 12,000 t/d first-phase heap leach operation for the brownfields site.

The company has hired CSA Global Consultants to lead the study preparation.

Drill highlights from up-dip extensions of Epp-C include 17 metres of 4.93 g/t gold; and 3.5 metres of 76.12 g/t gold.