Mali has broken ground on a new gold refinery backed by Russia’s Yadran Group and a Swiss investment company.
The 200-ton capacity facility, in which Mali holds a controlling stake, represents a major shift in how the West African nation manages its gold resources.
Once operational, all gold mined in Mali will be processed domestically into doré bars before export, ending decades of shipping raw gold abroad for refining.
This move is part of broader mining reforms across the Sahel region aimed at capturing more value from natural resources.