Mali has suspended artisanal gold mining permits for foreign companies after fatal accidents. This decision aims to enhance safety and control within the industry. The government will also recover mining equipment for national heritage purposes, reflecting a shift in policy amidst increasing tensions with mining operators.
On Wednesday, Mali announced the suspension of licenses for foreign artisanal gold mining companies due to a series of fatal accidents. General Assimi Goita, the president of Mali’s transitional government, made the announcement following a Council of Ministers meeting, which was broadcasted on national television.
The decision was prompted by several deadly incidents at mining locations, including recent accidents in January and February that resulted in numerous fatalities. Artisanal gold mining contributes around 30 tons to Mali’s annual gold yield, accounting for approximately 6% of the country’s total gold production.
In addition to the suspension of permits, the government plans to implement measures to recover equipment used in artisanal gold mining, which will then become part of the national patrimony. This decision represents a significant shift from previous practices where companies could reclaim equipment after paying fines.
Minister of Security and Civil Protection, General Daoud Ali Mohammedine, stated that these actions aim to reinforce state authority and safeguard citizens, allowing for the confiscation of mining equipment as national heritage.
Concerns have been raised regarding the potential for profits from unregulated mining activities in northern Mali to aid extremist groups operating there. The International Trade Administration reported that gold constituted over 80% of Mali’s total exports in 2021, with more than two million individuals, or over 10% of the population, reliant on the mining sector for their livelihoods.
Mali ranks among Africa’s top three gold-producing nations, with several major companies, including Barrick Gold and B2Gold, primarily involved in the sector. Tensions between military authorities and mining companies have escalated, particularly concerning monetary demands and compliance with new mining regulations, exemplified by the imprisonment of Barrick employees and the military’s seizure of three tons of gold from their site.
The suspension of artisanal gold mining permits for foreign entities in Mali highlights the government’s response to safety concerns and regulatory pressures in a critical sector of the economy. This decision aims to address fatal mining incidents, protect citizens, and secure national resources while ensuring compliance with new regulations. The mining industry remains crucial for Mali’s economy, yet it faces growing scrutiny and tension amidst calls for better governance and oversight.
Original Source: apnews.com
