
A new IMF working paper entitled “Mining Taxation: an application to Mali” analyses the structure of the mining taxation system in Mali. It follows the regressive path set forth by the World Bank, consisting of attracting Foreign Direct Investments (FDI) by lowering royalty taxes in the gold mining sector at the expense of lower government

Mali, West Africa, Gold Mining, Gold Exploration. Disclaimer: The information herein may contains forward looking statements based on assumptions and judgments of the management of the above the mentioned companies regarding events or results that may prove to be inaccurate as a result of exploration or other risk factors beyond its control.

UPDATE: For the report, “A Poisonous Mix: Child Labor, Mercury, and Artisanal Gold Mining in Mali,” Human Rights Watch reprinted a government list that named “Kaloute Hong Kong” as buying gold from Mali’s artisanal mines. However, Kaloti Jewellery International in Hong Kong has