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Mali says mining-backed fund could unlock up to $800m for infrastructure projects
Mali could leverage revenues from recent mining sector reforms to raise up to 500-billion CFA francs ($883.1-million) for energy, water and transport projects, its finance minister said, part of a bid to turn higher mining income into infrastructure financing. The comments offer the first indication of how Mali's military government intends to deploy the windfall from its 2023 mining code overhaul, which raised royalties and increased state stakes in mining projects, sparking disputes with operators including Canada's Barrick.
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engineeringnews.co.za
Mali says mining-backed fund could unlock up to $800m for infrastructure projects
Mali could leverage revenues from recent mining sector reforms to raise up to 500-billion CFA francs ($883.1-million) for energy, water and transport projects, its finance…
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africa.businessinsider.com
Africa’s second-largest gold producer to raise $900 million from mining revenues for roads, railways and energy infrastructure
Gold-rich Mali could leverage revenues from its overhauled mining sector to raise as much as 500 billion CFA francs, equivalent to about $900 million, for energy, water and…
