Endeavour and two gold producers embrace Mali’s new mining code

London-listed Endeavour Mining (EDV.L) has announced, along with two other gold producers, their agreement to transition to Mali’s new mining code, according to government officials.

This code, which increases taxes and aims to transfer significant ownership of mining assets to the state, has led to intense conflicts with mining companies since its implementation in August 2023, contributing to a 23% decline in Mali’s gold production…