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Mali signs agreement with Russia to build gold refinery
By Tiemoko Diallo
Reuters
Wednesday, November 22, 2023
BAMAKO, Mali -- Mali's military government said it has signed an agreement with Russia to build a gold refinery in the capital, Bamako, one of a slew of deals between the two countries as Russia seeks to extend its regional influence.
The accord, a non-binding memorandum of understanding, involves building a 200-tonnes-per-year refinery, minister Alousséni Sanou said in an interview on state television broadcast late Tuesday.
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The memorandum is valid for four years, he said, without giving a timeline for construction. If built, it would be the West African country's largest gold refinery.
"This will allow us not only to control all gold production but also to be able to correctly apply all taxes and duties," Sanou said.
The deal is the latest sign of Russia's deepening interests in Mali, one of Africa's largest gold producers, just as Western influence there wanes. ...
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