The Malian government has tightened regulations on gold mining to address rising fatal accidents at artisanal sites. New measures include the establishment of several funds aimed at rehabilitation, safety improvement, and industry development, following tragic incidents that raised security and environmental concerns. Amidst declining gold production, authorities strive to bolster regulation and protect the workforce, reinforcing the industry’s economic significance.
In response to a rise in fatal accidents at artisanal mining sites, the Malian government has implemented stricter regulations on gold mining activities. Announced on Wednesday, these measures aim to enhance regulation of the sector while also addressing security and environmental issues associated with mining practices.
The newly instituted reforms include the creation of several funds in accordance with the mining law established in August 2023. One fund is specifically allocated for rehabilitating abandoned mining sites, while another aims to improve safety by prohibiting certain hazardous chemicals. Contributions from mining companies will also finance initiatives to support the industry’s development and enhance capacity building.
The recent crackdown comes on the heels of tragic incidents linked to illegal mining operations. Notably, a mine collapse on February 15 at the Bilaly Koto site in the Kayes region resulted in the fatalities of at least 48 individuals, predominantly women. This site, previously managed by a Chinese firm, had become a hub for artisanal miners after being neglected.
Similarly, a disaster occurred in Kangaba on January 29, leading to additional casualties. Despite its tragic events, Mali continues to be a prominent gold producer in Africa, extracting 72.2 tonnes in 2022, with 6 tonnes attributable to artisanal mining practices. Gold production plays a crucial role in the national economy, contributing 25% of the national budget, 75% of export revenues, and accounting for 10% of the GDP.
Nonetheless, the artisanal mining sector remains largely unregulated, exposing laborers to perilous conditions and environmental degradation resulting from the use of toxic substances like mercury and cyanide. In a significant downturn, gold production in Mali decreased by 23% in 2024, falling from 66.5 tonnes to 51 tonnes, primarily due to declining yields and conflicts between the government and mining corporations.
In light of these challenges, authorities are intensifying regulations to minimize risks and augment the gold industry’s contribution to the broader economy.
The Malian government has taken decisive action to enhance regulations in the artisanal gold mining sector following several tragic accidents. By introducing new funds and measures aimed at safety and environmental sustainability, Mali aims to protect workers and improve industry standards in an essential economic sector. Stricter oversight is now in place to address the risks surrounding artisanal mining activities.
Original Source: newscentral.africa
