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
Kenya shipped its first mango consignment to the UK on December 20 The move is part of a pilo...
Nomba brings Apple Pay to 300k Nigerian shops. Following Paystack, this "second row" move enables ...
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Kenya’s CMA licensed Safaricom and Airtel Money as Intermediary Service Platform Providers (ISPPs)...
In Africa, the transformation of food systems has become an urgent issue in the face of rapid popula...
Sanlam Maroc takes a stake in Woliz, a local retail tech startup The deal marks Sanlam’s first long-term private equity venture in Morocco Investment...
Treasury securities issuance reached CFA5,272.8 billion from January to October Bond issues exceeded Treasury bills, signaling a shift to longer-term...
Dakar and Baku sign two agreements on digital transformation Cooperation targets cybersecurity, skills, startups, and e-government Partnership...
Trump says US forces hit Islamic State fighters in Sokoto state Abuja confirms strikes but rejects claims of a religiously driven...
Afrochella, now known as AfroFuture, is a cultural event held annually in Ghana, mainly in Accra, around the Christmas and end-of-year period. Launched in...
Algiers is a coastal capital of around four million inhabitants, located in north-central Algeria. Its urban structure, heritage, and social practices...