Mali’s new law imposes a higher tax on gold mining and creates a regional development fund

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8 October 2019: Mali’s long-awaited mining reforms passed by ordinance in August include a higher tax on gold mining, with the main purpose of allowing the government to capture a larger share of the gold exports revenue. The legislation effectively creates a regional development fund that both the government and the mining companies will contribute to. However, neither measures refer to a deliberate goal of offsetting environmental and socio-economic externalities of mining in Mali. Read the full article here.