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HomeNewsMALI’S JUNTA creates new role to strengthen OVERSIGHT of MINING SECTOR

MALI’S JUNTA creates new role to strengthen OVERSIGHT of MINING SECTOR

Mali’s ruling military administration has established a new ministerial-level position dedicated to overseeing the country’s strategic mining sector, particularly its gold industry, in a move that significantly expands presidential control over the vital economic domain.

The new role, created by presidential decree on January 19, 2026, is tasked with supervising the implementation of mining policy, ensuring compliance with the national mining code, and reviewing reports submitted by license holders responsibilities that had previously fallen under the Ministry of Mines. Former executive Hilaire Bebian Diarra, a geoscientist and former senior official with mining company Barrick, has been appointed to head the portfolio.

Mali is one of Africa’s largest gold producers, and mining represents a cornerstone of the national economy. Recent reforms, including a revised mining code introduced in 2023, helped the government recover significant unpaid revenues but also led to disputes with international operators. By centralising oversight under a presidential appointee, the junta aims to reinforce state authority, streamline regulatory enforcement, and address governance gaps highlighted during those debates.

The new ministerial post strengthens the presidency’s direct influence over decisions on mining contracts, compliance and sector development. Observers say this shift could affect negotiations with foreign investors and shape how Mali balances revenue generation with regulatory oversight in the mining industry.

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