OUR LATEST NEWS - Please check this site for our news infos ...

The country is a leading producer of gold. Social conflicts have centred on environmental impacts of mining, distribution of revenues and informal mining. In addition to a national EITI, Mali is considering ways of decentralising the EITI process to expand outreach to resource-rich communities. Recent EITI Reports have provided more information of relevance to local communities, such as artisanal and small-scale mining and payments by mining contractors.

The three main taxes and fees imposed on companies operating in the mining sector include customs duties, corporate income tax, and the special tax on certain products (ISCP). The tax office’s Office of Large Companies is the main body responsible for collecting and managing taxes paid to the central government. The National Geology and Mines Office and the National Lands and Survey Office levy sector-specific fees. Contracts Some mining, oil and gas contracts are published.

Licenses Mining licenses are awarded on a ‘first come first served’ basis.

Production sharing contracts in oil and gas are concluded on the same basis, although only exploration licenses have been awarded to date.