Mali’s gold exports increased 8.4% to 69.3 tonnes in 2022 compared to 63.9 tonnes in 2021, a year earlier.
Reuters quoted the country's statistics agency as saying that the increase reflected growth in industrial gold production during the same period.
Gold was mostly exported to South Africa, Switzerland, and Australia.
The value of gold exported was about 2,001 billion CFA francs ($3.24 billion) compared to around 1,867 billion CFA francs ($3.02 billion) in 2021.
Industrial gold production rose 4.4% in 2022 compared to the previous year due to improved performance in the sector.
Mali’s gold reserves were estimated at around 881.7 tonnes in October 2022.
The country is one of Africa's top gold producers and home to industrial mines operated by companies including Barrick Gold, B2Gold, Resolute Mining, AngloGold Ashanti and Hummingbird Resources.
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished
Reuters quoted the country's statistics agency as saying that the increase reflected growth in industrial gold production during the same period.
Gold was mostly exported to South Africa, Switzerland, and Australia.
The value of gold exported was about 2,001 billion CFA francs ($3.24 billion) compared to around 1,867 billion CFA francs ($3.02 billion) in 2021.
Industrial gold production rose 4.4% in 2022 compared to the previous year due to improved performance in the sector.
Mali’s gold reserves were estimated at around 881.7 tonnes in October 2022.
The country is one of Africa's top gold producers and home to industrial mines operated by companies including Barrick Gold, B2Gold, Resolute Mining, AngloGold Ashanti and Hummingbird Resources.
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished
