Mali

Mali is a key competitor in the global mining sector. With its gold production, ranking as the fourth largest gold producer in Africa, Mali’s gold industry is the cornerstone of its economy, representing 64% of total exports and 21% of government revenue as of 2018. In spite of that, the gold sector, though vital, has faced challenges, including the closure of unproductive mines, though new mines opened in 2017, adding 14 tons per year. The sector supports over two million people, representing more than 10% of the population, the artisanal mining contributing approximately 10% of gold exports.

These are the key Mineral Resources in Mali:

Gold.
Salt.
Uranium.
Marble.
Limestone.

To learn more about the Mining Industry of Mali, read this article.

More information about Mali

Mali is situated in West Africa, with a large fortune of mineral resources that remain unexplored. The Ministry of Mine estimates significant reserves, including 800 tons of Gold, 2 million tons of Iron Ore, 5,000 tons of Uranium, 20 million tons of Manganese, and 4 million tons of Lithium. With Lithium production expected to commence by 2020. As the government’s aim to diversify its mining sector, foreign firms have opportunities to support growth. Reforms in permit registration and delivery processes further enhances the sector’s attractiveness to investors.

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