Mali will partially lift a two-year suspension on mining permits to revive the industry, according to a statement from the mines ministry. Despite this development, the resolution regarding Barrick’s operations remains unresolved, posing challenges for compliance and activity within the sector.

The military-led government of Mali has announced it will partially lift a suspension on issuing mining permits, which had been in effect for over two years. This decision comes from the country’s mines ministry and aims to revitalize the mining sector. This move is perceived as a crucial step towards resuming normal operations for mining companies affected by the pause. However, the resolution related to Barrick remains uncertain, as discussions continue in the background about the company’s operations and compliance in Mali.

Mali’s partial lifting of the mining permit suspension indicates a strategic move to stimulate its mining industry after a lengthy hiatus. Despite this progress, the unresolved status of Barrick highlights ongoing challenges in the sector that need to be addressed for full reactivation.

Original Source: www.miningnews.net