Mali Recovers $1.2 Billion in Arrears From Miners, Eyes Annual Windfall Under New Code

Mali recovers $1.2 billion in arrears from miners, eyes annual windfall under new code

Mali has recovered 761 billion CFA francs ($1.2 billion) in arrears from mining companies following a sweeping audit, its finance minister said, marking one of the country’s biggest clawbacks from its extractive sector.

Mali recovers $1.2 billion in arrears from miners under new code

Mali has recovered more than a billion dollars in arrears from mining companies after a sweeping audit, its finance minister said on Tuesday.

Mali Recovers $1.2 Billion From Mining Companies After Major Audit Shake-Up

Mali  Recovers $1.2 Billion From Mining Companies After Major Audit Shake-UpMali has scored a big win in its mining sector, recovering $1.2 billion in unpaid taxes and royalties after a nationwide audit exposed huge payment gaps dating back years. The 2023 audit revealed $500 million–$1 billion in irregularities, prompting the government to introduce a […] The post Mali Recovers $1.2 Billion From Mining Companies After Major Audit Shake-Up fir…

Mali Recovers $1.2bn In Arrears From Miners

Mali’s Economy and Finance Minister, Alousséni Sanou, said the country recovered 761 billion CFA francs ($1.2bn) in arrears from mining companies following a sweeping audit. He said the recovery marks one of the country’s biggest clawbacks from its extractive sector. The military-led government launched an audit of the country’s mining sector in early 2023 that uncovered massive shortfalls and paved the way for a new mining code. The new mining …

Mali recovers US$1.2 billion in arrears from miners

Mali has recovered 761 billion CFA francs (US$1.2 billion) in arrears from mining companies following a sweeping audit, its finance minister said, marking one of the country’s biggest clawbacks from its extractive sector. The military-led government launched an audit of Mali’s mining sector in early 2023 that uncovered massive shortfalls for the state and paved …

Mali recovers $1.2b in arrears from miners

Mali’s Economy and Finance Minister, Alousséni Sanou, said the country recovered 761 billion CFA francs ($1.2 billion) in arrears from mining companies following a sweeping audit. He said the recovery marks one of the country’s biggest clawbacks from its extractive sector. The military-led government launched an audit of the country’s mining sector in early 2023 that uncovered massive shortfalls and paved the way for a new mining code. The new m…