Mali – KPM

Mali

AFG Bank $177 Million Mining Facility

AFG Bank Mali plans $177 million in credit lines for miners, backed by BCEAO and regional partners. The funding anchors Mali’s formalisation agenda as XAUUSD holds near $2 405 and CL=F trades around $86, supporting exporter liquidity.

Markets

Barrick vs. Bamako: Gold’s Sovereignty Showdown in West Africa

Barrick Gold (NYSE: GOLD; TSX: ABX) faces a Malian clampdown that froze 600k oz of output worth USD 1.4bn, pulling shares near USD 18.86. Arbitration at ICSID looms, but sovereign defiance adds risk as bullion (XAUUSD) trades above USD 2,400 and peers like Newmont (NYSE: NEM) outperform.