Bamako, Mali – The government of Mali has announced plans to create a state-owned company to manage the country’s holdings in mining firms, according to a statement released by the council of ministers. The new entity will be fully owned by the state and tasked with acquiring and overseeing Mali’s…
Canadian mining giant Barrick has reached a landmark agreement with the Malian government, ending a protracted dispute over the Loulo-Gounkoto gold mining complex. In a Monday press release, Barrick confirmed it would withdraw its arbitration case at the World Bank dispute tribunal. In return, Malian authorities have agreed to drop…