March 22, 2019 / 5:25 PM / a month ago

Mali forecasts gold production to drop 3 pct in 2019 - mines ministry

BAMAKO, March 22 (Reuters) -

* Mali's industrial gold production is expected to drop around 3 percent to 59 tonnes in 2019, down from 60.8 tonnes last year, a mines ministry official said on Friday.

* Thiecouta Diabate, director of the ministry's evaluation cell, said gold output was predicted to decrease after two mining companies announced lower production this year.

* Diabate told Reuters B2Gold's Fekola said it expected to produce around 13 tonnes of gold, down from 14.8 tonnes in 2018.

* He said AngoGold Ashanti's joint venture Sadiola mine expects its gold output to drop by 50 percent to 2.6 tonnes this year, down from 4.9 in 2018.

* Mali's gold production rose 23 percent to 60.8 tonnes last year, mainly due to the start of production at B2Gold's Fekola and Hummingbird Resources' Komana mines.

* Diabate said Komana's output was expected to rise this year. (Reporting by Tiemoko Diallo; Writing by Juliette Jabkhiro; Editing by Sofia Christensen and Louise Heavens)

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