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
WAF expects gold output to rise to 430,000–490,000 ounces in 2026 Growth driven by first full year of production at Kiaka mine Long-term...
Resolute signs MoU with Nimba Mining Company to co-develop gold projects in Guinea. The company targets 500,000 ounces of annual gold production...
Montage Gold increases Koné’s measured and indicated resources to 5.88 million ounces. The company maintains first gold production in...
Zambia signs PPA for 100 MW hybrid wind-solar project Project supports diversification away from hydropower dependence Expansion of renewables aims to...
Most Read
01

Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...

African fintechs are moving beyond payments - and into business operations
02

The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...

West Africa Targets Diaspora Funds With New Banking Access Rules
03

Novo Nordisk cuts Wegovy prices in South Africa amid competition Move targets rival Eli Lil...

Drugmakers ramp up competition in South Africa’s obesity treatment market
04

ECOWAS, Energy China discuss regional power infrastructure cooperation Talks cover $36.3...

ECOWAS, China Discuss Cooperation on West Africa Power Projects Under $36.39B Plan
05

WAEMU posts 3.31 trillion CFA francs trade surplus in Q4 Exports surge 50.4%, led by gold, ...

WAEMU Trade Surplus Widens to $5.8 Billion in Q4 2025 on Strong Export Gains
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.