EITI Status Meaningful progress
Joined EITI in 2007
Latest Data From 2018
Website EITI Mali
Last updated 22 November 2021


Mali is Africa’s third-largest gold producer. With new discoveries by mining companies, industrial gold production rose by 23% in 2018 according to the Ministry of Mines. Discoveries of other minerals such as bauxite and silver have boosted revenues from the mining sector. Following a three-month suspension of artisanal and small scale mining activities in 2017 aimed at restructuring the sector and capturing revenues, artisanal mining has been on the increase. The Malian govenment is also committed to developing the fledgling hydrocarbon sector, whose activities had been stalled due to the conflict in Northern Mali since 2012.

The rising gold production is in stark contrast to the dire socio-economic environment.  Social conflicts have centred on environmental impacts of mining, distribution of revenues and informal mining. Recent EITI Reports have provided more information of relevance to local communities, such as artisanal and small-scale mining and payments by mining contractors.

Extractive industries contribution to the economy

  • 65.5 %
    to exports
  • 7.6 %
    to GDP
  • 21 %
    to government revenue

Beneficial ownership disclosure

Mali’s 2016 EITI Report refers to a definition of “beneficial owner” as included in its law against money laundering and terrorism financing, based on a UEMOA Directive.  Mali does not currently have a disclosure policy on capital structure and beneficial ownership. Referring to the above definition, the multi-stakeholder group retained a specific form that was submitted to extractive companies to collect this information. One company provided complete beneficial ownership information. The report recommends the creation of a public beneficial ownership register. 

We were lucky to have authorities that quickly realised the poor management of our mineral and petroleum resources, which could lead to serious problems in our country. When Mali began production of mineral resources, some countries producing the same resources suffered severe crises due to poor management of such resources. Mali quickly took account of these experiences and has sought to avoid falling in this trap. To achieve this we need transparency in our management of the sector.
HE Boubou Cissé, Minister of Economy and Finance


Mali is a leading producer of gold (the world’s tenth largest and Africa’s third), although prospecting for other minerals is on-going. Gold is mostly mined in the Southwest of the country, in the Mandigue Plateau. Artisanal mining, which accounts for about ten percent of production has picked up in the last two years. 

Mali has many mineral deposits which are not commercially exploited, owing to limited infrastructure for exploitation. Iron is found in the west near the Senegal and Guinea borders; Bauxite deposits are located near Kayes and on the Mandingue Plateau. Recent discoveries have tripled the country’s bauxite reserves.  Manganese, Phosphate,Lithium and Uranium can be found around Ansongo,Kayes, Bougouni and Iforas respectively. Kaolin, limestone, tungsten, tin, lead, copper, and zinc exist in small amounts.



Natural resources 

Mali has rich deposits of gold, bauxite, manganese, iron ore, limestone, phosphates and uranium. Oil and gas exploration, which slowed down in 2012, has recommenced, given Mali's proven reserves of oil shale. Mineral deposits are primarily located around Kayes, Ansongo, Bafoulamé, Hombori, Tilemsi and western Mali. Precious stones in Mali include Garnets, rare magnetic minerals, pegmatite, corindons, metamorphosing minerals, quartz and carbonates.

Oil shale10billion metric tons
Gold800metric tons
Zinc1.7 million metric tons
Uranium5000metric tonsMali has 5000 tons of U3O6 and 200 tons of U302 at 0.085%
Bauxite1.2billion metric tonsBauxite reserves are located primarily around Kayes and west of Bamako
Limestone40million metric tonsLimestone deposits are located in Bafoulamé and Hombori
Phosphates20million metric tonsPhosphate deposits are centred on Tilemsi
Manganese10million metric tonsManganese reserves are located around Ansongo
Iron2billion metric tonsIron ore deposits are located around Kayes.

Revenue collection

The latest EITI disclosures (2016) show that Mali received USD 407 million from extractive industry taxation. The vast majority of these revenues came from gold mining. Revenues were mainly collected through company taxation (25%) customs duties (14%), special tax on certain goods (13%).

Initializing chart.

Reconciled revenues by top 5 companies

Revenue allocation

Regional tax offices levy the ‘patente’ fee (1.1% of government revenue) directly from companies. All other revenues flow to central government, with little fiscal devolution.


​The EITI encourages multi-stakeholder groups to explore innovative approaches to make the EITI more relevant and useful.

  • The 2016 Report includes information on payments by mining contractors and small-scale gold mining.

  • The 2016 Report includes for the first time a reconciliation of subnational transfers to the main mining regions, as well as contextual information on the new local content legislation.

  • The new mining cadastre was launched in January 2016, with registration free of charge.

  • Mali is exploring ways of decentralising the EITI, in communications, outreach and data collection.  


EITI Mali published its 2018 workplan in July 2018, with objectives including contract transparency and improving the legal framework for EITI implementation.


The government passed Prime Ministerial Decree no. 7/180/PR-RM establishing the institutional framework for EITI implementation in Mali. Three structures oversee EITI implementation: the Supervisory Committee defines the main strategies and lines of action and meets once a year; the multi-stakeholder group, chaired by Lamine Seydou TRAORE, Minister of Mines; and the Permanent Secretariat ensures day-to-day implementation of the EITI workplan.



Mali was found to have achieved meaningful progress with considerable improvements in implementing the 2016 EITI Standard in June 2019.  Mali's second Validation against the 2016 Standard commenced on 28 February 2019. 

In the second Validation, the EITI International Secretariat has assessed the progress made in addressing the ten corrective actions established by the EITI Board following the first Validation. On 17 June 2019, the Board decided that Mali made meaningful progress with considerable improvements. Board decision 2019-44/BM-43 can be found here.

See the scorecard with descriptions of each requirement below.


Mali's progress by requirement

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