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Tag Archives: Mali

Mali set to refine Gold Locally, Tightens Leakage Tendecies

Mali military-led government is tightening its grip on the country’s most lucrative export by launching a state-majority-owned gold refinery in partnership with Russian firm Yadran, in a bold effort to process gold domestically and curb offshore leakages of bullion revenue. Finance Minister Alousseni Sanou told reporters in Bamako that the …

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Mali Junta Faces Political Revolt

POLITICAL parties in Mali are staging a rare united front against the ruling military junta, accusing it of plotting to dismantle the country’s multiparty democracy. The growing backlash follows the junta’s latest move to repeal the charter governing political parties, a decision that legal analysts see as a prelude to …

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New Sahel Bloc slaps 0.5% Import duty

MALI, Burkina Faso, and Niger have jointly announced the introduction of a 0.5 percent levy on all imported goods, a move aimed at financing their fledgling three-nation alliance. According to a joint statement cited by Reuters, the levy marks a significant step toward cementing their new partnership outside the broader ECOWAS …

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Mali to Generate $1.2billion From Mining Sector In Q1 2025

MALI is poised to generate $1.2 billion (750 billion CFA francs) from its mining sector in the first quarter of 2025, with the entire sum expected to be paid by March 31, 2025. This announcement was made by Finance Minister Alousseni Sanou in a speech to the parliament, highlighting the …

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Mali Issues Arrest Warrant for Barrick Gold CEO Amid dispute

MALI military-led government has escalated its dispute with foreign mining companies, issuing an arrest warrant for Mark Bristow, Chief Executive of Barrick Gold Corporation. The charges include money laundering, underscoring growing tensions over mining revenues in the gold-rich nation. Abbas Coulibaly, general manager of Barrick’s Loulo-Gounkoto complex, is also targeted …

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Mali Singer Traore Extradited to Belgium in Child Custody Case

MALIAN singer Rokia Traore was extradited from Italy to Belgium and detained on Friday over an outstanding two-year prison sentence handed down in a child-custody dispute, prosecutors said. The 50-year-old singer and guitarist was sentenced in absentia by a Brussels court last year on charges of parental abduction, in a …

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Mali Junta Govt Detains Senior Employees of Canadian Mining Giant Barrick Gold

MALI’S military-led government has detained four senior Malian employees of Canadian mining giant Barrick Gold, according to sources on Friday. The arrests, which reportedly occurred on Wednesday, come amidst growing pressure on international mining operations in the West African country since the military junta took power in 2020. One government official, speaking …

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Mali Expels Swedish Ambassador Over Russia Ties Dispute

Sweden’s ambassador, Kristina Kuhnel MALI has ordered Sweden’s ambassador, Kristina Kuhnel, to leave the country within 72 hours, citing a ‘hostile’ statement made by a Swedish minister. The expulsion, announced by Mali’s foreign ministry on Friday, highlights the growing geopolitical shift in the Sahel region, where Mali, along with Burkina …

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Mali Military Junta Lifts Ban On Political Party Activities

MALI’S military junta has lifted the suspension on political party activities, initially imposed to maintain public order. The suspension was enacted in April, just before a national dialogue aimed at achieving peace in the Sahel region, which has faced a jihadist insurgency for over a decade. The council of ministers stated that the …

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