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
Nigeria now has ~20,000 EVs on the road. While under 1% of the total fleet, adoption is surging in urban areas like Lagos and Abuja. SAGLEV’s Imota...
The government says cobalt exports have resumed after a ban imposed in February Initial shipments are expected to be limited as testing under the...
Tougher regulation of artisanal cobalt and copper in the DRC is creating a targeted supply shock, tightening markets and reshaping short-term pricing...
Aton Resources plans to start gold and silver production at Hamama West in 2027 The project is held 50-50 with Egypt’s Mineral Resources...
Most Read
01

Kenya shipped its first mango consignment to the UK on December 20 The move is part of a pilo...

Kenya targets UK market to boost mango exports
02

In Africa, the transformation of food systems has become an urgent issue in the face of rapid popula...

AGRA’s Lilial Githinji “Leadership capacity remains the missing ingredient in Africa’s food systems transformation”
03

Central bank launches project for real-time transfers across banks and mobile wallets System aims...

Guinea readies instant payment system to speed transactions and cut cash use
04

BOAD approves $35.7 million to upgrade Burkina Faso–Mali border road Project targets 130 km,...

Burkina Faso Secures BOAD’s $35.7 Million for Road to Mali
05

Fitch lowered Gabon’s sovereign rating to CCC- amid rising fiscal stress Payment arrears reac...

Fitch downgrades Gabon to CCC- as liquidity strains deepen
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.