Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Mali’s government approved seven mining deals under a new code, boosting state control and revenue from gold and lithium projects.

flag Mali’s military government has approved seven mining agreements under its 2023 mining code, boosting state control and revenue from major gold and lithium projects. flag The deals, covering operations like Sadiola, Fekola, Syama, and Bougouni, grant the government a guaranteed 35% stake, priority dividends, and higher royalties of 10%. flag The reforms reflect a shift toward resource nationalism, moving away from Western partners toward Russian-backed investors amid ongoing regulatory uncertainty. flag While some companies like Endeavour Mining have complied, Barrick Gold remains in dispute, complicated by a former executive now advising the president. flag The changes aim to increase national revenue, though investment and output growth face challenges.

5 Articles