Mali adopts new mining code to raise gold concessions ownership
The mining code reform could boost the national budget by 500 billion CFA francs ($820 million), economy minister Alousseni Sanou said.
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The mining code reform could boost the national budget by 500 billion CFA francs ($820 million), economy minister Alousseni Sanou said.
The Australian stock market is significantly higher on Wednesday, extending the gains in the previous two sessions, with the benchmark S&P/ASX 200 moving to a tad below the 7,300 level, following the broadly positive cues from global markets overnight, boosted by gains across most sectors, led by in mining and financial stocks.
Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from global markets overnight, as softer-than-expected consumer sentiment and job openings data, helped ease concerns about interest rates, lifting investor sentiment.
The Chartist has several Australian gold miners on watch ahead of a longer term bullish view
The President of Mali has signed a new mining code into law which will increase government ownership in the country’s mines.