Mali Enhances Gold Mining Regulations Amid Safety Concerns

The Malian government has implemented stricter regulations on artisanal gold mining following multiple fatal accidents. New reforms include the establishment of funds for site rehabilitation, safety improvements, and industry development. The regulatory crackdown is motivated by safety concerns and aims to enhance economic contributions while addressing environmental issues. Mali remains a significant gold producer, but its artisanal sector poses safety and regulatory challenges.

The Malian government has imposed stricter regulations on gold mining following a series of tragic accidents at artisanal mining sites. These newly announced measures aim to enhance oversight while addressing significant security and environmental issues associated with the sector.

Under reforms enacted through mining law in August 2023, multiple funds will be created to oversee various aspects of the industry. One fund will be dedicated to rehabilitating abandoned mining sites and improving safety through restrictions on harmful chemicals.

Another fund, supported by mining company contributions, will facilitate industry development and capacity building, while additional allocations will be focused on mining infrastructure, transport, and geological research. This regulatory response comes after several deadly incidents linked to illegal mining operations have raised concern.

For instance, a mine collapse at the Bilaly Koto site in the Kayes region on February 15 resulted in the loss of at least 48 lives, predominantly among women. Previously operated by a Chinese firm, the site had been abandoned before artisanal miners took over. A similar disaster occurred on January 29 in Kangaba, leading to multiple fatalities.

Mali continues to be one of Africa’s leading gold producers, yielding 72.2 tonnes in 2022, of which artisanal mining contributed 6 tonnes. The gold sector significantly benefits the national economy, constituting 25% of the state budget, 75% of export revenues, and accounting for 10% of GDP.

However, the artisanal mining sector remains largely unregulated, resulting in unsafe working conditions and environmental degradation caused by the use of mercury and cyanide. In light of these challenges, gold production in Mali fell by 23% in 2024, decreasing from 66.5 tonnes the previous year to 51 tonnes due to diminishing yields and disputes between govemment and mining companies.

To mitigate these risks and enhance the industry’s economic contribution, authorities are intensifying their oversight efforts.

In conclusion, the Malian government’s new regulations aim to mitigate the dangers associated with artisanal gold mining while promoting economic sustainability. The tragic events at various mining sites highlight the urgent need for better safety practices and environmental protection measures. By establishing dedicated funds for rehabilitation, development, and research, Mali seeks to create a more secure and regulated mining environment. These reforms demonstrate a commitment to improving industry oversight and addressing the challenges posed by illegal mining operations, ultimately benefitting the national economy and safety of workers.

Original Source: newscentral.africa