Financed by surpluses generated when international mineral prices rise above the state-set benchmark, the fund will not be used for short-term budgetary expenditure, but ring-fenced for long-term, strategic infrastructural and industrial projects.

Combining limited nationalization with conditional foreign ownership amid the rally in gold prices, Mali has generated substantial mining revenue – channeled back to communities through the Local Mining Development Fund.

About two-thirds of the 64 billion will be raised domestically from the revenues generated by state-owned enterprises and through citizen shareholding programs.

The government of Mali recovered at least USD 1.2 billion after conducting a sector-wide audit and renegotiating mining agreements.

El próximo aniversario de la AES es un momento para elogiar el coraje y la visión del pueblo del Sahel.

The upcoming anniversary of the AES is a moment to commend the courage and vision of the people of the Sahel.

The UAE has played a significant role in Sudan’s economic landscape over the past decade, and it appears willing to maintain its involvement amid ongoing conflict.

Mali’s mining code change in 2024 puts pressure on foreign companies in the country.

Vijay Prashad writes on the imperialist actions led by the US and the UK against Venezuela and the emptiness of their commitment to international law

60 workers were turned away by the company as the permitted capacity was exceeded. They are now stuck in overcrowded, unsanitary hostels with no way to get home

The province of Mendoza has been suffering from water crisis for more than 11 years and mining activities would be further aggravate the crisis

In this episode, we look into the police repression in Indonesia, pride march in Poland, peasant women’s mobilizations in Brazil and the protests against a gold mine in UK’s Northern Ireland.