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Mali Launches New Gold Refinery for Economic Independence

6/18/2025

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Story summary
  • Mali is taking a bold step towards resource independence with the construction of a new gold refinery, where the government holds a 62% stake alongside Russia's Yadran at 38%. Interim President Goïta envisions a future of refined gold that boosts traceability, curbs smuggling, and processes 200 metric tons each year, all while fueling economic growth.