International Miners Stay in Mali Despite Security Risks

Mining firms remain in Mali despite attacks that killed the defense minister on Saturday. Strong gold prices help offset rising risks to supply and security.

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Global miners will maintain operations in Mali despite Saturday attacks that killed the defense minister and disrupted supply routes. The nation is a top producer of Gold, which reached record levels this month. High prices and ore quality currently outweigh the risk of a potential coup or asset seizure.

Malian soldiers stand near a truck during a patrol following the attack on Mali's main military base Kati, outside the capital Bamako, in Kati, Mali, April 27, 2024. Picture taken with a mobile phone. REUTERS/Stringer
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