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Mali’s auditor general recommends review of mining contracts

Mali’s auditor general recommends review of mining contracts

Mali’s transitional government aims to review mining conventions signed with companies by the previous administrations, interim President Bah N’daw, said late on Friday following recommendations from the country’s auditor general. Mali is one of Africa's largest gold producers. Companies operating in the country include Barrick Gold Corp and AngloGold Ashanti and Resolute Mining. “The conventions establishing mining companies include clauses which do not always guarantee the protection of the interests of the state,” Auditor General Samba Alhamdou Baby said after handing his report to the interim president. “In particular the non-distribution of dividends, the non-payment of certain taxes, to which is added…
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