Mali : Technical Assistance Report-Mining Taxation: Modeling of Five Mining Operations

Most of the mines are old, but a number of them still have substantial reserves; extensions are planned for the Syama, Morila, Kalama, Tabakoto-Segela, and Loulo-Gounkoto mines. One mine, Robex, is expected to go into production soon, and a feasibility study has been submitted for the Fekola mine. Preparatory works for the Kodiéran mine, held by Wassoul'or, could resume during 2015 following the payment of over CFAF 7 billion to various creditors. Accordingly, Mali's declining gold production could be sustainably reversed in the coming years if international prices remain at current levels.