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Mali Wants To Boost Funding For Artisanal Gold Mining

Mali Wants To Boost Funding For Artisanal Gold Mining

From CNBC Africa

Mali plans to boost funding opportunities for its artisanal miners and to improve the policing of the sector.

The sector produces about a third of the country’s gold exports.

Artisanal gold mining is plagued by frequent fatal accidents, smuggling and reports of child labour. Nor are the miners restricted on where they dig their pits, resulting in widespread environmental damage.

 

Mali is Africa’s third largest gold miner behind South Africa and Ghana and from about 350 sites contributed about 30 per cent of the 67.4 tonnes it exported in 2013.

Artisanal mining is on the rise in Mali as neighbours including Ghana, Senegal and Burkina Faso have imposed restrictions on the sector, driving more miners into Mali.

 

Read more at  CNBC Africa