The Malian authorities have introduced new measures to regulate the mining sector, in response to a rise in fatal accidents within artisanal gold mines.
Authorities on Wesnesday approved a series of decrees aimed at improving the structure and security of artisanal mining operations.
The new regulations include specific guidelines on the management and allocation of funds established under the Mining Law of August 2023.
Among these is a Rehabilitation and Safety Fund, which will support the closure and restoration of abandoned mining sites while combating the use of hazardous chemicals.
Additionally, a Mining Sector Development Fund, financed by contributions from mining companies, will help strengthen industry capacities. Other funds will be dedicated to infrastructure, transportation, and geological research.
These changes come in the wake of multiple tragedies linked to unregulated mining activities.
Mali remains one of Africa’s top gold producers, with an output of 72.2 tonnes in 2022, including 6 tonnes from artisanal mines. That year, gold accounted for 25% of the national budget, 75% of export revenues, and 10% of GDP.
However, unregulated mining activities expose workers to hazardous conditions, with risks including mine collapses and environmental pollution due to mercury and cyanide use.
