May 2026
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031
May 11, 2026

Breaking Africa News

Daily and hot news in Africa. African politics, African business, African sports, health and technology

Mali revokes over 90 mining permits amid crackdown on non-compliance

1024x576 cmsv2 613ec8e6 bedc 55a1 9f18 d98c5302af25 9530303

Mali has revoked more than 90 mining exploration permits including those held by international companies after officials said operators failed to meet new legal requirements.

According to a decree signed by Mines Minister Amadou Keita, all rights under the canceled permits are now released and open for reallocation. The permits, issued between 2015 and 2022, covered exploration for gold, iron ore, bauxite, uranium, and rare earths.

The mining ministry said companies were asked to resubmit documents under updated rules, but widespread non-compliance led to the cancellations. It’s unclear if firms can appeal.

The move follows similar crackdowns in other African nations tightening control over natural resources. Mali, one of Africa’s top gold producers, has faced declining foreign investment amid growing insecurity and regulatory shifts.

The military-led government has also deepened ties with Russia, signing new energy and mining deals, including petroleum supplies and joint ventures in gold and lithium.

By Rédaction Africanews

Leave a Reply

Your email address will not be published. Required fields are marked *