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Mali Gold Refinery: Military Ruler Gen Assimi Goïta Hails Construction as Assertion of 'Economic Sovereignty'

Summary by BBC News
Mali will have a majority stake in the plant asserting its "economic sovereignty", the military leader says.

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The President of the Malian transition, Assimi Goïta, will make an official visit to Russia from 22 to 26 June 2025. This move, under the sign of the strengthening of bilateral cooperation, marks a new stage in the strategic rapprochement between Bamako and Moscow. Accompanied by several members of his government, the Malian Head of State will discuss with the Russian authorities major issues, particularly in the energy, agriculture and military…

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The President of the Malian Transition, Assimi Goita, has officially launched the construction of a state-owned refinery, in partnership with the Russian group Yadran. The infrastructure aims to strengthen local transformation and reduce export losses in a gold sector crucial to the national economy. The joint venture, known as SOROMA-SA, is 62% owned by the Malian State, compared to 38% for Yadran. The refinery is planned on five hectares, near…

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ugandanews.net broke the news in on Monday, June 16, 2025.
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