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Mali completes takeover of gold mines abandoned by foreign companies
Mali has completed its takeover of the Yatela and Morila gold mines abandoned by their previous owners, the government announced at the weekend, but questions remain over how any untapped value can be released. The takeovers and failure to disclose how the operations will be funded highlight the complex challenges facing Mali as it seeks to regain control of its natural resources and leverage high commodity prices to boost the economy, mirroring moves by other West African states including Burkina Faso and Niger. Mali's military leaders, who took power after coups in 2020 and 2021, announced their intentions to ... (full story)
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- Jun 30, 2025 10:21pm Posted byFundamental Analysis232
