Mali Increases Regulations on Artisanal Gold Mining Following Fatal Accidents

Mali’s government is tightening regulations on artisanal gold mining following numerous fatal accidents. The reforms, announced on Wednesday, include the establishment of funds focusing on site rehabilitation and industry support. This initiative aims to address safety and environmental issues while recognizing gold’s significant economic contribution, despite the artisanal sector’s risks and recent declines in production.

In response to a surge in fatal accidents at artisanal mining sites, the government of Mali has enacted stricter regulations on gold mining. Announced on Wednesday, these measures aim to enhance sector regulation while addressing security and environmental issues effectively.

Among the reforms is the establishment of several funds within the framework of the mining law enacted in August 2023. One fund will focus on rehabilitating abandoned mining sites and improving safety by minimizing the use of banned chemicals. Another fund, financed by contributions from mining companies, is committed to supporting the development of the industry and building capacity. Additional allocations will be made for improvements in mining infrastructure, transportation, and geological research.

This regulatory crackdown follows a series of tragic incidents related to illegal mining, the most notable being a mine collapse in Kayes on February 15, which resulted in at least 48 fatalities, predominantly among women. The site in question had been abandoned by a Chinese firm before being overtaken by artisanal miners. Another devastating event occurred on January 29 in Kangaba, resulting in multiple casualties.

Mali is recognized as one of Africa’s foremost gold producers, having extracted 72.2 tonnes in 2022, with 6 tonnes derived from artisanal mining operations. Gold is a crucial component of Mali’s economy, contributing 25% to the national budget, 75% of export revenues, and 10% of the Gross Domestic Product (GDP).

Nevertheless, the artisanal mining sector remains largely unregulated, exposing workers to perilous conditions and environmental degradation, particularly through the use of toxic substances such as mercury and cyanide. In 2024, gold production in Mali saw a 23% decline, decreasing from 66.5 tonnes to 51 tonnes due to falling yields and ongoing disputes between the government and mining companies.

In light of these challenges, authorities have intensified oversight measures aimed at mitigating risks and enhancing the sector’s overall contribution to the national economy.

In summary, the Malian government’s introduction of stricter regulations for artisanal gold mining is a proactive response to the rising frequency of fatal accidents at mining sites. The new measures aim to improve safety standards and address environmental concerns while recognizing the economic importance of the gold sector to Mali’s economy. Through the establishment of dedicated funds, the government seeks to rehabilitate abandoned sites, support responsible mining practices, and ultimately bolster industry growth.

Original Source: newscentral.africa