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Spotlight | Mali
Western companies brace for a hit as Bamako launches gold mining audit

The Malian government just launched an audit of the country's gold mining sector. Although the Canadian and Australian companies which dominate the sector are not expecting to be expropriated for the benefit of the Wagner group, they do predict the state will seek a greater share of their revenues. [...]
Published on 09.11.2022 at 05:00 GMT Reading time 4 minutes Pierre-Elie de Rohan Chabot, Christophe Le Bec
Mining

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In Focus | Ivory Coast, Mali
Billion-dollar deal paranoia unnerves shaky Abidjan-Bamako relations

One of the factors behind the sharp decline in Ivorian-Malian relations is a mining contract worth over $1bn signed in October 2021 between a German group and a Malian firm. Africa Intelligence has followed the politically charged financial trail that leads from Berlin to Rabat, and Dubai to Bamako, under which lurks the shadow of Russian interests and those of the Ivorian opposition leader Guillaume Soro.

LogoSubscribers only Mining, Diplomacy 21.11.2022
A mining contract worth more than $1bn may be at the heart of rising tensions between Bamako and Abidjan.

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Mining

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