Mali has suspended the permits for foreign artisanal gold mining companies following fatal accidents. This action, ordered by President Gen. Assimi Goita, aims to enhance safety and reclaim mining equipment for national ownership. The decision aligns with growing concerns over unregulated mining’s ties to extremism and the economic impact of gold production in the country.
On Wednesday, Mali announced the suspension of licenses for foreign artisanal gold mining companies due to a concerning series of fatal accidents. The order, issued by President Gen. Assimi Goita, was made following a Council of Ministers meeting. This decision underscores the urgency to enhance safety measures in one of Africa’s leading gold-producing nations.
Recent accidents in the Koulikoro and Kayes regions prompted this action, which aims to protect citizens. Mali’s artisanal gold mining sector, which produces approximately 30 tons annually, constitutes about 6% of the country’s gold output. In light of the tragic incidents, Mali is prioritizing safety and responsibility in mining operations.
The Council’s statement included new initiatives to reclaim mining equipment. Previously, companies could retrieve their gear post-fine, but now the authorities may confiscate it, promoting national ownership of such resources. Gen. Daoud Ali Mohammedine emphasized that these measures aim to empower state authorities and safeguard citizens by reclaiming equipment as part of the national heritage.
Unregulated mining in northern Mali has raised alarms regarding the potential financing of extremist groups. The International Trade Administration reported that gold accounted for over 80% of Mali’s total exports in 2021, highlighting its economic significance as over 2 million Malians rely on the mining industry for sustenance.
Mali ranks among Africa’s top three gold producers and hosts several prominent mining operations, including Barrick Gold and B2Gold. However, tensions have escalated between military officials and mining companies, with demands for financial compliance and adherence to a revised mining code. Issues between these entities include the detention of Barrick employees and the military’s interception of gold from the company’s site, emphasizing the strained relationship in the sector.
In summary, Mali’s suspension of foreign artisanal gold mining permits is a decisive step aimed at enhancing citizen safety and regulating the sector in response to recent accidents. By reclaiming mining equipment, the government seeks to uphold national interests and mitigate risks related to unregulated mining activities. These actions reflect a broader strategy to stabilize the country’s pivotal gold industry while addressing safety and potential extremist influences.
Original Source: apnews.com
