The mining code adopted in 2023 grants Mali up to a 35% stake in its mines, compared to a maximum of 20% under the previous framework. This reform is projected to generate $500 million annually in ...
Toubani Resources and the Mali Government will jointly own and develop Toubani’s 162,000-ounce-a-year Kobada gold project that will likely be one of the largest gold mines in Mali.
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