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| Malian government has adopted a decree increasing the national participation in the capital of the future Kobada gold mine |
| 2026-09-01 |
Translated Text: #Mali: 🇲🇱 The Malian government has adopted a decree increasing the national participation in the capital of the future Kobada gold mine, located in the Koulikoro region, to 35%. The State will directly hold 30% of the project, while 5% will be reserved for Malian investors. The Australian company Toubani Resources will retain the remaining 65%. Of the State's share, 10% will be held free of charge and without dilution, while an additional 20% will need to be acquired for cash. However, the government has not yet specified the amount required to finance this acquisition, nor the terms for Malian investors to access the 5% reserved for them. |
| Posted by:badanov |