Mali has suspended artisanal gold mining permits for foreign companies following fatal accidents. This decision aims to enhance safety and regulate the sector better. The government plans to reclaim mining equipment for national heritage while addressing concerns over unregulated profits linked to extremism. The mining sector significantly contributes to the country’s economy, relying on gold exports.
On Wednesday, the Malian government announced the suspension of artisanal gold mining permits for foreign companies. This decision follows a series of tragic accidents at mining sites, resulting in numerous fatalities. President Gen. Assimi Goita ordered this suspension during a Council of Ministers meeting, which was subsequently reported on the national television channel, ORTM.
Mali, recognized as one of Africa’s leading gold producers, has witnessed particularly alarming incidents in the Koulikoro region in January and in the Kayes region in February. Artisanal gold mining, responsible for approximately 30 tons of gold production annually, constitutes around 6% of the total gold output in Mali. The government emphasized the need for rigorous safety measures to protect citizens engaged in this sector.
Furthermore, the Council stated that initiatives would be put in place to secure the recovery of equipment previously utilized for gold panning, which will now be integrated into the national heritage. This marks a significant policy shift: mining companies can no longer reclaim their equipment after paying a fine, a change aimed at enhancing state authority and public safety.
Gen. Daoud Ali Mohammedine, the Minister of Security and Civil Protection, indicated that these measures are intended to bolster state control over mining operations and to safeguard the well-being of the population. Reports suggest that unregulated mining has raised concerns about possible financial gain for extremist groups operating in northern Mali, an area plagued by instability.
Gold remains the predominant export of Mali, accounting for over 80% of total exports in 2021, as indicated by the International Trade Administration of the U.S. Department of Commerce. With more than 2 million Malian citizens relying on the mining industry for livelihood, the government’s decision could significantly impact the economic landscape of the country. In addition, the relationships between military authorities and mining corporations have been strained, with demands for compliance with a new mining code amid reports of asset seizures involving companies such as Barrick Gold.
In conclusion, Mali’s suspension of foreign artisanal gold mining permits reflects the government’s commitment to citizen safety and regulatory enforcement in the mining sector. This significant policy change aims to improve oversight, eliminate the risks associated with unregulated mining, and protect the nation’s economic interests concerning its vital gold export industry. As Mali continues to navigate the complexities of its mining environment, these developments signal a shift towards greater accountability and public safety.
Original Source: apnews.com
