What percent of the Morila Godl Mine Company does the mining company formed in 2004 by a merger own?
Morila Gold Mine The Morila Gold Mine is an open-pit gold mine situated 180 km south of Bamako, near the community of Sanso, in the Sikasso Region of Mali. The operation is jointly owned by AngloGold Ashanti and Randgold Resources, who each have an effective holding of 40% through jointly-owned Morila Limited, while the Government of Mali owns the remaining 20%.
Baytex Energy Baytex Energy Corp. is a Calgary-based Canadian producer, developer and explorer of oil and natural gas. Formerly a trust, it converted to a corporation January 2011 because of government changes to tax incentives. Through its subsidiaries, Baytex is "engaged in the business of acquiring, developing, exploiting and holding interests in petroleum and natural gas properties and related assets in Canada (in the provinces of British Columbia, Alberta and Saskatchewan) and in the United States (in the states of North Dakota and Wyoming)." Heavy oil makes up 67% of production and 70% of reserves. Assets in Alberta and British Columbia are within the Western Canadian Sedimentary Basin. Baytex was over 40%-owned by institutional investors in late 2013, including four of the big five Canadian banks and the Quebec Public Service Employees pension fund.