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
Africa’s energy & mining exports benefit from US tariff exemptions, cushioning trade as most other...
Africa’s AI adoption is accelerating, but its ability to scale depends primarily on foundational i...
Development Partners International sold its 20.17% stake in Atlantic Business International for mo...
This week in Africa, Africa CDC continues its clinical trial on mpox, while a new study highlights l...
Ivory Coast expects a new government after the prime minister and cabinet resigned following Decem...
Blue Earth Capital secures over $100 million first close Impact secondaries strategy targets emerging markets, including Africa and...
Senegal plans to launch second satellite, GAINDESAT-1B, in 2026 Satellite builds on GAINDESAT-1A’s environmental and monitoring...
Nigeria forecasts 4.68% growth in 2026, finance minister says Easing inflation, stable naira and reforms underpin economic outlook Government...
Plan targets English teachers for Burkina Faso and French teachers for Ghana Talks focus on boosting language skills and regional education...
Located at the mouth of the Senegal River, about twenty kilometers from the Atlantic Ocean, Saint-Louis Island holds a distinctive place in the country’s...
Benin considers hosting a pan-African cultural event inspired by FESMAN but plans to use a different name. Culture Minister Jean-Michel Abimbola...