Mali’s mining sector continues to flourish. It appears that the political crisis has not deterred investors.
Mali’s mining sector is dominated by gold production, the country is Africa’s third largest producer of gold. From 2009 to 2011 gold exports accounted for about 75% of export earnings and approximately 7% of GDP.
Other minerals produced include bauxite, iron ore, diamond, limestone, manganese, nickel, petroleum, phosphates, tin and uranium.
Mali’s petroleum potential is promising. Research and exploration operations have intensified.
Mali could also provide a strategic transport route for oil and gas exports. There is the possibility of connecting the Taoudeni basin to the European market through Algeria.