Mali has suspended licenses for foreign artisanal gold mining companies following multiple fatal accidents, aiming to enhance safety and recover mining equipment for national heritage. This move comes amid concerns of unregulated mining benefiting extremists and underlying tensions between mining firms and military authorities.
On Wednesday, Mali announced the suspension of licenses for foreign artisanal gold mining companies following a series of fatal accidents. This decision was made by Gen. Assimi Goita, the president of the transitional government, and was communicated during a Council of Ministers meeting broadcast on national television. Mali, known for being one of Africa’s top three gold producers, now seeks to enhance safety and regulation in the mining sector.
This suspension is a direct response to several tragic incidents at mining sites, where recent fatalities occurred, particularly in the Koulikoro and Kayes regions. Artisanal gold mining is estimated to yield approximately 30 tons of gold annually, accounting for 6% of Mali’s total gold production. By implementing this suspension, the government aims to mitigate risks and protect its citizens associated with hazardous mining activities.
Additionally, the Council’s statement indicated that new measures would facilitate the recovery of mining equipment for national heritage. Previously, companies could retrieve their equipment by paying a fine, but now authorities have the power to confiscate such materials for public preservation. According to Gen. Daoud Ali Mohammedine, without these adjustments, the authorities would not be able to safeguard their citizens effectively.
Concerns have arisen regarding the potential diversion of profits from unregulated mining toward extremist groups operating in northern Mali. Gold significantly contributes to Mali’s economy, representing over 80% of its total exports in 2021, with more than 2 million individuals, approximately 10% of the population, relying on the mining sector for their livelihoods.
Despite being home to major gold-producing companies, including Barrick Gold and B2Gold, Mali has experienced tensions between mining firms and military officials. Authorities are demanding compliance with a new mining code, with instances reported of military seizures of gold from company sites as part of enforcement measures.
The suspension of foreign artisanal gold mining permits in Mali signifies a marked approach by the government to prioritize safety and regulation in response to recent accidents. This initiative aims not only to enhance the protection of citizens but also to address larger systemic issues surrounding profitability and accountability in the mining sector. As Mali continues to contend with the challenges in the mining industry, the long-term impact of these measures will be pivotal to the country’s economic stability and safety.
Original Source: apnews.com
