Gold price rise lifts Mali’s 2016 State mining revenues 1%

September 12, 2017

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Mali’s State revenues from mining companies rose 1% last year to 247.3-billion CFA francs ($454-million) from 2015 due to a rise in gold prices, the mining ministry said on Tuesday. Mali is the third-biggest gold producer in Africa after South Africa and Ghana, and gold overwhelmingly dominates its mining sector, which provides about a quarter of government revenues.

Category: General