Key points:
- Over 90 exploration permits cancelled
- Global mining firms among those affected
- Non-compliance cited under new mining laws
MALI’S government has revoked more than 90 mining exploration permits, including those held by subsidiaries of leading international mining companies, citing widespread non-compliance with new legal requirements.
According to a decree signed by Mines Minister Amadou Keita on October 13 and reviewed by Reuters on October 29, the cancellations affect companies such as Harmony Gold, IAMGOLD, Cora Gold, Birimian Gold, and Resolute Mining.
In a statement on Wednesday, the Ministry of Mines said that permit holders were required to submit updated documentation under new mining regulations. However, after verification, officials found extensive non-compliance. ‘As a result, the government has cancelled the permits in line with mining legislation,’ the statement read.
The decree states that all rights linked to the revoked permits are now ‘released’, with the affected exploration areas reopened for reallocation. The ministry did not clarify whether companies could appeal or reapply for the licences.
Regional mining reforms reshape investment landscape
Mali’s decision follows a growing regional pattern, as several African countries tighten control over their mining sectors. Nations such as Guinea have similarly reformed mining regulations, revoked dormant permits, and sought to increase national revenues from natural resources.
The revoked Malian permits, issued between 2015 and 2022, covered exploration for gold, iron ore, bauxite, uranium, rare earths, and other minerals. The decree lists the permit numbers and locations but does not disclose the total land area or estimated value of exploration activities affected.
Cora Gold told Reuters that it had already relinquished the affected permits over two years ago and had not received any formal notification. The company added that the revocation had no impact on its operations and required no further response.
Harmony Gold, IAMGOLD, Birimian Gold, and Resolute Mining did not immediately respond to requests for comment.
Mali’s mining sector under tighter state control
Mali is one of Africa’s leading gold producers, with mining contributing significantly to its export earnings and public revenues. However, the sector has recently faced challenges from security threats and tougher government oversight, discouraging some foreign investors.
Industrial gold output is expected to fall short of its 2025 target due to production disruptions at Barrick’s Loulo-Gounkoto mine, the country’s largest gold operation.
Meanwhile, the military-led government has expanded its partnerships with Russia through new mining and energy agreements. These include a deal to supply between 160,000 and 200,000 metric tons of petroleum and agricultural products to help counter a fuel blockade imposed by Islamist militants that has crippled transportation and forced school closures nationwide.
Russia has also supported joint ventures in Mali’s gold, uranium, and lithium sectors and is involved in the construction of a new state-controlled gold refinery in Bamako.
