C
Originally published by Capital Businessbusiness
June 17, 2025
5mo ago
Mali begins building Russian-backed gold refinery
JUNE 17 - Mali's military junta has started building a gold refinery in partnership with a Russian conglomerate, the Yadran Group. The project would Kenya breaking news | Kenya news today |..
✨ Key Highlights
Mali has commenced the construction of a gold refinery in partnership with the Russian Yadran Group, marking a significant step in asserting its economic sovereignty.
- The refinery will have a capacity of 200 tonnes and is located near Bamako.
- Gen Assimi Goïta, the military leader, emphasized the refinery as a realization of a long-awaited dream for the Malian people.
- This project aligns with Mali's shift towards strengthening ties with Russia while diminishing relations with Western nations, as evidenced by the state control over the gold mine run by Barrick.
Continue Reading
Read the complete article from Capital Business
Part of the Day's Coverage
Economic Developments and Investments
Mali's new Russian-backed gold refinery and British Steel's £500m train tracks contract showcase economic initiatives.
2 stories in this topic
View Full Coverage