Mali: Kalana, the country’s first industrial gold mine, soon to be operational?

Mali is preparing to turn a new page in the history of its mining industry with the upcoming reopening of the Kalana gold mine—the very first industrial gold mine in the country’s history. A major memorandum of understanding has been signed between the transitional government and the mining group Endeavour Mining, the current owner of the site. The announcement was made on Monday, July 28, 2025, on national television by Abdoul Aziz, CEO of Somika SA (Société des Mines d’Or de Kalana SA).

According to the agreement, actual construction of the site is scheduled to begin within six months, paving the way for the mine’s commissioning in the following 18 months. This project represents a strategic step in Mali’s pursuit of economic sovereignty, in line with the vision of the President of the Transition, General Assimi Goïta, who is committed to ensuring that natural resources benefit the Malian people.

Located in the south of the country, the Kalana mine holds significant gold reserves. Its future operation is expected to strengthen state revenues, create thousands of direct and indirect jobs, and support the development of local infrastructure around the site. The government also aims to enforce fairer mining governance, with greater control over production and taxation.

The revival of Kalana is part of the transitional authorities’ broader policy to reclaim national resources. It signals a break from the imbalanced contracts of the past—often signed under the influence of foreign interests—and the beginning of a new economic model based on responsible, equitable, and sovereign management of Mali’s mineral wealth.

Ali BAMBA

Posts Grid

US Hotels face World Cup booking slump despite ticket sales boom

The World Cup was meant to deliver a tourism windfall for the United States, but hotel bookings are falling well short of expectations, according to...

Guardiola’s City exit: His successor is already known

Manchester City are bracing for Pep Guardiola’s departure after Sunday’s Premier League finale against Aston Villa, with staff and players anticipating the legendary manager will step...

Carvajal to leave Real Madrid after 23 years: End of an era

Dani Carvajal will depart Real Madrid at the end of the season, bringing down the curtain on a legendary 23-year association with the club. The...

 Pep Guardiola/ What does the future hold for the Spanish coach in Manchester City

Manchester City manager Pep Guardiola has reignited debate over his future, insisting he has “one more year” left on his contract amid mounting speculation that...

Arsenal returns to Champions League final after 20 years 

Bukayo Saka fired Arsenal into their first Champions League final in two decades, securing a 1-0 second-leg victory over Atlético Madrid on Tuesday for a...

Champions League: Semi Final/ Penalty drama in Madrid as Atlético and Arsenal draw

The Champions League semi-final first leg between Atlético Madrid and Arsenal ended in a 1-1 stalemate, both goals coming from the spot. Victor Gyökeres converted...

Leave a Reply

Your email address will not be published. Required fields are marked *