The Malian Minister of Economy and Finance of Mali, Aloussené Sanou, announced that the country is preparing to reap the benefits of its mineral wealth. It should receive a total of 750 billion CFA francs, or nearly 1.2 billion dollars, by March 31

A report released by ORTM indicates that in December 2024, Mali had already received 500 billion CFA francs (780 million dollars) through agreements concluded with mining companies. The new mining code includes innovative measures to maximize public revenue. According to information, soon, when the price of gold exceeds $1,500 per ounce, the state will receive an additional 7.5% royalty on sales

This financial windfall is the result of the ambitious reforms undertaken by Bamako to strengthen its control of natural resources. Indeed, a new mining code was enacted in 2023 giving the Malian State increased participation in production projects