Mali state gold mining revenue jumps 52.5% in 2024

From mining.com

State revenue from gold mining companies in Mali jumped by 52.5% last year, helped by an increase in tax collection and dividend payments after a new mining code entered into force, a mines ministry document seen by Reuters on Wednesday showed. Mali is one of Africa’s biggest gold producers and is home to mining companies including Barrick Gold, B2GOLD, Resolute Mining, Endeavour Mining and Hummingbird Resources. The revenue paid by mining companies to the Treasury rose to 835.1 billion CFA francs ($1.40 billion) last year from 547.6 billion CFA francs in 2023, according to the document shared with Reuters. In ... (full story)