- Tough new code and high‑profile detentions helped state haul soar 52 % to $1.4 bn in 2024
- Output slid 23 % amid standoff; Barrick shuts offices, analysts warn of costlier borrowing
When Mali’s military seized power in 2020‑21 it vowed to reclaim “a fair share” of the country’s most lucrative export. A tougher mining code that took effect in early 2024 raises the state’s stake in new projects to 35 % and has already doubled the sector’s contribution to the budget—to 20 % of GDP by government estimates—yet the drive is unnerving the foreign groups that dig up almost all of Mali’s bullion.
This article is free to read.
Sign up for free or sign in to continue reading.
Unlike our competitors, we don't force you to pay to read the news but we do need your email address to make your experience better.
Create your free account or sign in
