August 31st 2011 - 12:56PM ... Anonymous
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EITI Mali website
Overview of the Extractive Industries
Mali is Ahas recently attracted renewed interest with gold, its leading export. Other natural resources include uranium and salt.
Mali’s mineral sector is dominated by gold mining, the country being the third largest gold producer in Africa. Other mineral resources included bauxite, iron ore, diamond, limestone, manganese, nickel, petroleum, phosphates, tin, and uranium. Mali’s Petroleums potential is promising and research and exploration are stepping up. Mali could also provide a strategic transport route for oil and gas exports and there is the possibility of connecting the Taoudeni basin to the European market through Algeria.
Status of EITI Implementation
On 29 August 2011, the EITI Board designated Mali as EITI Compliant. In accordance with the EITI Rules, Mali must be revalidated within 5 years (i.e., by 29 August 2016). Mali is also required to publish an annual report detailing efforts to ensure compliance with the 2011 edition of the EITI Rules by 1 July 2012.
A final validation report was submitted to the EITI Board on 9 September 2010.
The first EITI Report was approved on 9 December 2009. A second EITI report covering 2007-2008 was published in June 2011. The EITI Report covering 2009 was published in December 2011.
Governance of the EITI implementation
The Malian Government established through a Ministerial Decree an ambitious governance structure for EITI implementation. The Ministe\ry of Mines provides leadership for the EITI process. A Supervision Committee, a Steering Committee and a Permanent Secretariat are in place. The Supervision Committee defines the main political lines and strategies of action. The Steering Committee is in charge of the execution of the decisions made. Both Committees count on the participation of stakeholders from government, companies and civil society. They are supported by a Permanent Secretariat.
Mali EITI National Coordinator and Focal Point
Mr. Djibouroula TogolaPermanent SecretaryEmail: seykalaf [at] yahoo [dot] fr
Companies operating*
Oil & gas companies: Eni*, Heritage Oil, Marckmore Energy, Selier, Sipex, Mali Petroleum/Sphère Petroleum QSC, Petroma, Afex Global / Glencore*, Falcon Martagon, Terralliance Petroleum, Orento, Moh Oil Pvt.Ltd
Mining companies: AngloGold Ashanti*, Gold Fields*, Camec, Iamgold, Randgold, Resolute Mining Limited, Avnel gold, Avions Resources* EITI Supporting Company
* Note: Company list based on EITI research and is not conclusive
Further information about the status of EITI implementation in Mali can be provided by Regional Director Marie-Ange Kalenga at the EITI International Secretariat.