Mining

Mali exported 70.2 tons of gold in 2015

Tuesday, 12 July 2016 18:51

The National Statistics Institute of Mali revealed on Saturday 9 July that the country exported in 2015, 70.2 tons of gold, against 53.2 tons the previous year, due to a better production by artisanal miners.

Gold output in 2015 was estimated at $2.2 billion. Out of the 70.2 tons exported, 46.5 tons come from industrial producers, 0.7 tons more than in 2014. The remaining 23.7 tons were produced by artisanal miners, up 16.3 tons compared to 2014.

“These performances show that small-scale mining is dynamic and could produce as much as mining companies. This is why it must be structured by authorities,” said Abdoulaye Pona, President of the Chamber of Mines. According to the mining ministry, Mali has 350 sites that can be exploited for small scale mining and in which more than a million people are involved.

Mali is Africa’s third largest gold producer behind South Africa and Ghana.

Louis-Nino Kansoun

On the same topic
Senegal moves to regulate ride-hailing platforms with new decree Reform defines VTCs as intermediaries, taxis as service providers Framework aims to...
Sierra Leone signs Shell deal to study 19 offshore blocks Agreement covers seismic analysis to identify hydrocarbon potential Move follows decades of...
Installations provide up to 17 hours daily, covering most energy needs Move targets healthcare gaps amid low national electricity access Several...
Sonatrach–NNPC agreement targets joint R&D and technology exchange Partnership prioritizes AI, upstream optimization and decarbonisation Initiative...
Most Read
01

(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...

EBID makes giant strides for a green transition in west africa
02

Mahindra & Mahindra is considering a CKD assembly plant near Durban to strengthen its presence i...

Mahindra & Mahindra Eyes Major Shift to Full Vehicle Assembly in South Africa
03

AFC disbursed €43 million for Côte d’Ivoire solar project Financing supports 66 MW pla...

AFC Backs First Green Project Finance Bond for 66MW Côte d’Ivoire Solar Plant
04

Mobile phones have become essential tools for work, education, payments and staying connected across...

EU Mandates Removable Phone Batteries. What It Means for Africa’s Device Market 
05

MTN Ghana launches crackdown on mobile money agent fraud Audits trigger warnings, suspensions...

MTN Ghana tightens controls on mobile money agents over fraud concerns
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.