Mali Industrial Gold Output Jumps 30 Percent in First Half of 2026
Mali gold output from industrial mines hit 23.5 tonnes in the first half of 2026, up about 30 percent and worth roughly US$3.5 billion, as Barrick's Loulo-Gounkoto complex restarted after its dispute with the junta. The post Mali Industrial Gold Output Jumps 30 Percent in First Half of 2026 appeared first on The Rio Times .
Mali's industrial gold production surged by approximately 30 percent in the first half of 2026, reaching a total of 23.5 tonnes. This figure surpassed the government's forecast of 21.2 tonnes and puts Mali on track to meet its full-year target of 43.2 tonnes. The top gold producer in the first half of 2026 was B2Gold's Fekola mine, which contributed 8.85 tonnes, followed by Barrick's Loulo operation with 6.9 tonnes.
The rise in gold production comes after a significant slump in 2025, which was attributed to a revised mining code and a dispute with Barrick. Gold exports account for nearly 80 percent of Mali's total exports and around 25 percent of state revenue. The increase in industrial gold production is expected to boost Mali's economic growth and strengthen its position in the competitive Sahel region.
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