Mali’s government has announced plans to partially lift its suspension on mining permits, which has been in effect since late 2022, according to a statement from the country’s Ministry of Mines. The suspension, initially introduced in November 2022 to improve the permit allocation system, will be eased on March 15, 2025.
This decision follows a series of reforms in Mali’s mining sector, including the implementation of a new mining code in 2023. The revised regulations raised taxes and granted the state a larger stake in mining projects, significantly reshaping the industry in one of Africa’s top gold-producing nations.
Under the updated framework, Mali’s mining authorities will resume processing renewal applications for search and exploitation permits, as well as requests to transition from search to exploitation and the transfer of exploitation permits. However, some restrictions will remain in place—new exploration permits will not be issued, and search permit transfers will continue to be suspended.
Mali remains a key player in Africa’s mining industry, particularly in gold production, according to data from IndexBox. The upcoming policy shift is expected to reignite investor interest while ensuring the country gains a greater share of its resource wealth.