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After seizing power in 2020, Mali's junta pledged to scrutinise its mining sector so the state would benefit more from gold prices running at all-time highs. Some Western miners, like Canada's ...
Barrick, which operates the Loulo-Gounkoto mining complex in Mali, declined to comment on the issue. The news follows the detention of four Barrick employees over a $500 million tax dispute.
More than 40 people, mostly women, were killed after an illegal gold mine collapsed in Mali on Saturday. The collapse took place near Kenieba, in Mali's western, gold-rich Kayes region.
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The mining industry of Mali is dominated by gold extraction but also produces diamonds, rocksalt, phosphates, semi precious stones, bauxite, iron ore, and manganese. [ 1 ] [ 2 ] The importance of mining and production of raw minerals has changed throughout time and has involved many foreign stakeholders, most notably France , the former Soviet ...
Resolute Mining (OTC:RMGGY) CEO Terry Holohan, along with two other company executives have been detained by the military-led government in Mali. ... Market Watch: Resolute's shares dropped 32.84% ...
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