Mali’s Government to Partially Lift Mining Permit Suspension Amid Ongoing Barrick Talks

Mali’s military-led government will partially lift the suspension on mining permits after over two years. The statement from the Ministry of Mines indicates a renewed focus on the mining sector. However, negotiations with Barrick Gold remain unresolved.

The military-led government of Mali has announced the partial lifting of a suspension on the issuance of mining permits. This decision comes more than two years after the permitting process was halted. The announcement was made through an official statement from the Ministry of Mines, signaling a significant development in the country’s mining sector.

Simultaneously, efforts to reach a resolution with Barrick Gold Corporation remain ongoing, with no agreement yet in sight. The complexities underlying negotiations with Barrick highlight the challenges the Malian government faces in reviving its mining industry while ensuring stability and compliance within the sector.

In conclusion, Mali is set to partially lift its long-standing suspension on mining permits, marking a crucial development in the industry’s revival. However, negotiations with Barrick Gold remain unresolved, indicating that challenges still lie ahead in restoring confidence in Mali’s mining sector as it seeks to attract investment and promote sustainable growth.

Original Source: www.miningnews.net

About Carmen Mendez

Carmen Mendez is an engaging editor and political journalist with extensive experience. After completing her degree in journalism at Yale University, she worked her way up through the ranks at various major news organizations, holding positions from staff writer to editor. Carmen is skilled at uncovering the nuances of complex political scenarios and is an advocate for transparent journalism.

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