Iamgold says sale process delayed for Mali mine amid unrest

Canada’s Iamgold has delayed the sale process for its Sadiola gold mine in Mali because of political instability in the country, a spokeswoman said on Thursday.

Iamgold said in December it had reached a deal to sell its 41% interest in the mine, a joint venture with AngloGold Ashanti, to Allied Gold Corp.

Mali President Ibrahim Boubacar Keita resigned on Tuesday and dissolved Parliament hours after soldiers detained him at gunpoint and seized power in a coup.