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Gold miners set to stay in Mali despite attacks, industry sources say

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#gold mining#mali#security risks#mining investment#insurgency
Gold miners set to stay in Mali despite attacks, industry sources say
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International mining companies are expected to maintain operations in Mali despite recent coordinated attacks that killed the defense minister and raised security concerns, as high gold prices and resource potential outweigh risks for many firms, according to industry sources. Mining activity remains concentrated in the relatively stable south, and companies are relying on private security and remote site locations to mitigate threats. While supply routes face disruptions and political instability persists, firms including Zijin and Barrick continue to operate or invest. The Malian government claims the situation is under control, though insurgents have demonstrated increased coordination.

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Straits Times — World
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Gold miners set to stay in Mali despite attacks, industry sources saySign up now: Get ST's newsletters delivered to your inboxPublished Apr 28, 2026, 10:13 PMUpdated Apr 28, 2026, 10:13 PMDAKAR, April 28 - International mining companies are likely to keep investing in Mali, one of Africa's most resource-rich countries, even though attacks on Saturday that killed the defence minister have increased concerns about supply routes, industry executives and analysts said.Mali is one of Africa’s biggest producers of gold, which has hit record high levels on international markets.

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