About Mali

•       3rd largest gold producer in Africa
•       Internationally competitive mining code
•       Favourable fiscal regime (recent mining conventions)
•       Free of corporate tax for first 5 years of mining
•       3 year moratorium on import duties for miners (full moratorium for exploration period)
•       6% royalty on revenues
•       10% government participation at decision to mine and the option to acquire another 10% at market value
•       No restrictions on foreign investment
•       No restrictions on capital flows in and out of Mali
•       New Mining Act 2012 currently being implemented