Search

Mali tightens grip on gold, investors push back

Gold Photo by Zlaťáky.cz @ Unsplash
Photo by Zlaťáky.cz @ Unsplash
  • Mali formalises new mining code to boost state revenue and control over gold sector
  • Gold output drops by 23% as major firms like Barrick Mining suspend operations

 

BAMAKO, MALI – Mali has formalised a sweeping new mining code aimed at reshaping the country’s relationship with foreign investors and increasing government control over the gold sector, officials announced late Tuesday.

Recent Business

A shopper at a supermarket. Photo @ Unsplash
Nigeria’s annual inflation slowed to 16% in October
Read More »
Gold mine. Photo by Ricardo Gomez Angel @ Unsplash
Australian gold miner Skylark Minerals makes $4mn push into Côte d’Ivoire
Read More »
Fishermen in Senegal busy at shore. Photo by Thomas de LUZE @ Unsplash
Senegal bonds crash as government rejects debt restructuring
Read More »

Recent Politics

Kenya's ODM split over age, factions and 2027 political strategy. Photo @ The ODM Party/Facebook
Can Oburu Oginga hold Kenya’s ODM together after Raila Odinga’s death?
Read More »
Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin extends presidential term from five to seven years
Read More »
Bassirou Diomaye Faye, President of Senegal. Photo @ Office of President, Senegal/Facebook
Senegal’s soaring presidency budget sparks scrutiny amid economic strain
Read More »

Latest Posts

Latest news insights