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ARTICLE · 04 SEPTEMBER 2024

Mining Legislation Reform In Mali: Strengthening State Intervention And Participation

The legal framework for mining investments in Mali underwent considerable change with the adoption of a new Mining Code in 2023, established by Law No. 2023-040 of 29 August 2023.

South AfricaEnergy and Natural Resources

The legal framework for mining investments in Mali underwent considerable change with the adoption of a new Mining Code in 2023, established by Law No. 2023-040 of 29 August 2023. This new Mining Code repeals Ordinance No. 2019-022/P-RM of 27 September 2019 in the Republic of Mali ("new Mining Code") and has recently been supplemented by the Implementation Decree No 2024-0396/PT-RM of 9 July 2024 ("the Implementation Decree").

In parallel, Law No 2023-041 of 29 August 2023 on local content in the mining sector, sets out an ambitious framework to help develop local human and material capacities in terms of transformation, capacity building and transfer of know-how. This legislation has also been recently supplemented by an Implementation Decree, i.e. Decree No 2024-0397/PT-RM, which has also been issued on 9 July 2024.

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