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Mali gold mining revenue rises 13% in 2020 due to higher prices

Jun 6, 2021

Source: https://www.mining.com/web/mali-gold-mining-revenue-rises-13-in-2020-due-to-higher-prices/

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Barrick Gold’s Loulo-Gounkoto complex in Mali. (Image courtesy of Barrick Gold).

State revenue from gold mining companies in Mali rose 13% in 2020 year-on-year to 457.5 billion CFA francs ($850 million), lifted by higher global prices for the metal during the pandemic, government data showed on Friday.

Mining, mostly for gold, is a pillar of the country’s economy, accounting for almost 10% of gross domestic product (GDP) last year.

Original Text (This is the original text for your reference.)

Barrick Gold’s Loulo-Gounkoto complex in Mali. (Image courtesy of Barrick Gold).

Mining, mostly for gold, is a pillar of the country’s economy, accounting for almost 10% of gross domestic product (GDP) last year.

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