Toubani Resources has signed a framework agreement with Mali’s military junta, raising concerns among global gold miners about the reliability of Mali’s government as a partner due to recent executive detentions and new mining codes.

Toubani Resources has entered into the Kobada framework agreement with Mali’s military junta, which may raise concerns among global gold miners and explorers regarding the reliability of Mali’s military leadership as business associates. This skepticism is fueled by recent events, including the detention of several mining executives and the implementation of new mining regulations that could alter the operational landscape.

In summary, Toubani’s agreement with the Mali junta brings forward uncertainties for gold miners regarding the stability and trustworthiness of the government as a partner in business ventures. As Mali continues to modify its mining laws and faces internal turbulence, firms must critically assess the implications for their operations in the region.

Original Source: www.miningnews.net