Mali: WAEMU’s leading gold producer and a land of mineral wealth

Mali stands as the top gold producer in the West African Economic and Monetary Union (WAEMU), solidifying its status as a key player in the region’s mining industry. This achievement is supported by some subsoil rich in an array of natural resources, offering vast economic opportunities.

Gold mining is a cornerstone of Mali’s economy, accounting for a significant portion of its exports. Major production sites such as Sadiola, Morila, and Loulo-Gounkoto have drawn substantial domestic and international investments.

Beyond gold, Mali boasts valuable reserves of bauxite, lithium, iron, phosphate, and manganese, further underscoring its mineral wealth.

The Malian government is actively working to strengthen the legal and institutional framework of the mining sector.

These reforms are designed to ensure a more equitable distribution of mining revenues, benefiting local communities while attracting further investment.

At the same time, the country is focusing on environmentally friendly practices and social responsibility to align its mining activities with global standards.

With such abundant resources, Mali has the potential to diversify its economy, increase state revenues, and reduce poverty.

Its leadership in the WEAMU mining sector positions the country as a vital driver of economic development in West Africa, making Mali a cornerstone of regional prosperity.

Titi KEITA