Mali has cancelled 130 mining permits, about 30% of existing
permits in the gold-producing West African nation, in a drive to clean up the
sector, reports The Africa Report. The new government said in September that it
will carry out a complete inventory of existing mining contracts, titles and
licences and was ready to renegotiate permits that were not in the country’s
interest.
Hassimi Sidibe, a technical adviser in the ministry said the
cancelled permits include those held by Malians as well as foreigners and
targeted those where no development has taken place. The mines ministry said
the cancellation would effectively unfreeze those permits and allow the
government to issue them to other investors with the technical and financial
ability to pursue explorations.
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