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Mali’s new mining code sets “stability period” at 20 years

Posted by ipso facto @ 20:34 on May 6, 2020  

Under a new mining code, companies operating in Mali will be protected from fiscal changes for 20 years, down from the previous “stability period” of 30 years, the mines minister said late on Thursday. Mali had previously proposed a 10-year stability period. “We have to consider that the research phase can take at least seven, eight or nine years,” said Mines Minister Lelenta Hawa Baba Bah

https://finance.yahoo.com/news/malis-mining-code-sets-stability-132245048.html

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.