Mali: The country strengthens its mining sovereignty for better wealth sharing
The Malian government has just adopted a major reform in the mining sector, approving several decrees that amend establishment agreements between Mali and international mining companies. This decision reflects a clear determination to rebuild the nation on fairer and more sovereign foundations.
The new agreements provide for an increase in the state’s shares in the capital of mining companies. These shares are now non-contributory and non-dilutable, meaning Mali will not be required to invest in order to maintain its stake, and its shareholding cannot be reduced over time. In addition, they grant rights to priority dividends, allowing the country to benefit more quickly and more substantially from the revenues generated by resource exploitation.
This reform follows a series of agreements signed in 2024 with companies such as Leo Lithium, Allied Gold, Future Minerals, and the Société des Mines de Syama. It marks a turning point in the management of Mali’s natural resources, placing the interests of the people at the heart of economic decisions.
By strengthening its economic sovereignty, Mali reaffirms its commitment to ensuring a fairer distribution of mining wealth and to building a more equitable future for all. It is a significant step toward a national renewal driven by social justice and the valorization of the country’s resources.
