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Desert Gold advances Barani East plant with equipment en route, targeting gold production by mid-2026.

Company Fundamentals
05 May 2026
Newsfile Corp
View Source
Bullish
pluang ai news

Desert Gold Ventures is progressing development at its Barani East gravity plant in Mali, clearing 52,000 sqm for construction and advancing water supply drilling. The 200 tonne-per-day gravity processing plant has passed technical inspection in China and is en route to Dakar, with site delivery expected by late June 2026 and commissioning targeted for mid-July. This plant is part of a modular development strategy with an after-tax NPV of US$61 million and IRR of 57%, aiming to reduce execution risk and move toward gold production. The company cautions that technical and economic uncertainties remain before defining Mineral Reserves.

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Xcel Brands partners with KBL Group to produce OFF/DUTY by Coco Rocha fashion line.

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