Toubani Resources inks a deal with Mali’s junta over the Kobada project amid trust issues for gold miners due to executive detentions and new mining laws.
Toubani Resources has signed a framework agreement on the Kobada gold project with Mali’s military junta. This partnership comes at a time when global gold miners may be wary of Mali’s reliability as a business partner due to recent issues such as the detention of mining executives and the implementation of new mining regulations. These factors may have significant implications for future mining operations in the region.
The signing of the Kobada framework highlights the ongoing interaction between mining companies and Mali’s military government. However, the recent challenges such as executive detentions and revised mining codes raise concerns for global investors regarding the stability and trustworthiness of partnerships in Mali’s mining sector.
Original Source: www.miningnews.net
