Mali's Gold Revenue Hits Record 888.5 Billion CFA Francs in 2025, Up 6.4%
2026-06-10 10:35
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en.Wedoany.com Reported - In 2025, gold mining companies operating in Mali paid a record 888.5 billion CFA francs ($1.57 billion) to the state, up 6.4% from 835.1 billion CFA francs the previous year, as record gold prices offset the impact of declining production. This data comes from mining ministry statistics reviewed by Reuters.

Mali currently hosts over 15 industrial mining companies held by multinational groups, including Barrick Mining, B2GOLD, Resolute Mining, Endeavour Mining, and Hummingbird Resources.

According to the mining ministry data, taxes accounted for 66.1% of the sector's total contributions in 2025, while customs duties made up 10.5%. The remaining 23.3% came from state revenues classified as "domaines," which primarily include dividends received by the government as a shareholder in mining companies.

Mali's industrial gold production declined in 2025, falling 23% from 54.8 tons in 2024 to 42.2 tons. The drop was mainly due to Barrick Gold suspending operations for over six months amid a dispute with the government. A senior mining ministry official, who spoke on condition of anonymity as they were not authorized to release information to the media, stated that record gold prices in 2025 compensated for the loss from lower production. The mining ministry did not issue an official comment on the reasons for the revenue increase.

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