Mali

Mali becomes 12th EITI Compliant country

The international Board of Extractive Industries Transparency Initiative (EITI) has designated Mali as EITI Compliant as of 29 August 2011. This brings the total number of EITI Compliant countries to 12.  

Mali publishes its second EITI Report

On 11 June 2011 the Mali government published its second EITI report, renewing at the same time its commitment to ensure transparency in revenues accrued by the mining sector in Mali. The report revealed payments to the government by extractive companies as well as the revenues received by the government for the years 2007 and 2008. The government of Mali has declared receiving US $291 mn in 2007 and US$ 286 mn in 2008 from nine gold companies.

The EITI Board decides EITI status of eight countries

In recognition of their progress in implementing the EITI, the EITI Board has concluded that Kazakhstan, the Democratic Republic of Congo, Mali, Mauritania, Niger, Peru are Candidate countries that are “close to compliance”. This was announced following the meeting of the EITI Board in Brussels 13-14 December 2010.

EITI Board agrees status of 20 countries

BERLIN, 16 APRIL 2010.  The Board of the Extractive Industries Transparency Initiative, the international standard for improved transparency in countries’ natural resource sector, met in Berlin 15-16 April. The Board discussed the request of 17 of the 32 countries currently implementing the EITI to extend their deadline for completing EITI Validation. In addition, Sao Tome and Principe had applied to voluntarily suspend their EITI Candidate status. 

Mali

Compliant country Hidden:  Not Hidden 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.