Mali

In the vibrant landscape of Zambia's economic future, Barrick Gold Corporation, a renowned Canadian multinational, is embarking on an ambitious journey. With a formidable investment of $2 billion, the company is significantly expanding the Lumwana copper mine, a move that not only positions Zambia as a pivotal player in the global copper market but also enhances the industrial landscape locally. This expansive project, already underway, has set an impressive goal: doubling the annual copper output at Lumwana to…

The recent sale of gold marks the resumption of operations at a significant mining site, which had been dormant for nearly six months due to a prolonged disagreement between Barrick Gold and the Malian government. In the world of mining, disruptions like these often send ripples through local economies, drawing attention from investors and the public alike. As operations begin anew, one can't help but wonder: what does this mean for Mali, its economy, and its future collaborations with foreign investors?…

Mali's Ongoing Struggles: A Complex Landscape of Insecurity In the early hours of Tuesday, the armed forces of Mali reported a disturbing sequence of coordinated attacks that hit multiple military positions across seven towns in both the central and western parts of the country. As details trickle in, one can’t help but wonder: what are the underlying causes of this resurgence in violence? While the military statement refrained from disclosing specifics about the assaults or naming the responsible entities, it is…

The United Nations High Commissioner for Refugees (UNHCR) recently hailed the remarkable advancement in Mali’s legislative efforts to safeguard the rights of stateless individuals. This new law is not just a piece of legislation; it marks a transformative step toward addressing the complexities of statelessness in the country. By creating a clear pathway to nationality for its citizens, defining what it means to be stateless, and ensuring accessibility to healthcare and education, Mali is sending a powerful message about…

Mali has officially taken control of the Yatela and Morila gold mines—two sites that had previously been left abandoned by their foreign owners, according to a government announcement over the weekend. This significant move reflects a broader trend in West Africa, where military-led governments are increasingly asserting control over strategic natural resources in response to soaring gold prices. The aim? To invigorate local economies and lessen reliance on foreign entities. Gold is not just a shiny metal; it represents…

Mali's Strategic Shift: Strengthening Ties with Moscow The recent diplomatic journey undertaken by Mali's transitional leader, Colonel Assimi Goïta, underscores a pivotal moment in the country's foreign relations. His visit to Russia highlights the deepening ties between Mali and Moscow at a time when Mali is stepping away from traditional alliances, particularly with the Economic Community of West African States (ECOWAS). As Goïta embarks on this military transition, one must consider how these shifts are redefining…

On a crisp Monday, the Kremlin buzzed with energy as President Vladimir Putin extended a warm welcome to Colonel Assimi Goita, the military head of Mali. Their meeting symbolized much more than a mere handshake; it was the beginning of a strengthened alliance between their two nations. Together, they signed important agreements aimed at bolstering bilateral relations, setting the stage for future collaborations that could reshape their respective geopolitical landscapes. According to Russian official media, this…

Recently, Russia and Mali have taken significant steps to reinforce their trade and economic relationships. This came to the fore when President Vladimir Putin welcomed Colonel Assimi Goita, Mali’s military leader, to Moscow. Their meeting was a pivotal moment, reflecting an evolving partnership that seeks to navigate the complexities of modern geopolitics. The discussions lasted approximately two hours and were characterized by an open exchange of ideas. According to Russian state media, both leaders emphasized…

The military government of Mali is embarking on an ambitious campaign to consolidate control over its gold industry, a sector long dominated by foreign enterprises. Recent developments suggest a significant shift, characterized by a decisive push to reclaim authority from multinational operators, particularly in light of support from Russia. The junta's actions signal a broader intent to stimulate local processing capabilities, moving away from reliance on foreign entities. In a striking move, a Malian court recently…

On a recent Monday, Judge Issa Aguibou Diallo made a pivotal ruling that has shifted the course of one of Africa's most precious mining assets. He instructed that Zoumana Makadji, a chartered accountant and former Malian Minister of Health, be appointed as a provisional administrator within 15 days. This critical move effectively places operational control of the mine into the hands of an external authority, prompting questions about the future of this vital resource. Dispute Over Taxation…