Mali to Get $1.2 Billion From Miners After Talks

  • Cash-strapped junta brought miners to the negotiating table
  • Miners had already paid 500 billion CFA francs by December
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Mali is set to get 750 billion CFA francs ($1.2 billion) from miners in the first quarter this year following an overhaul of its mining sector.

In late December, Mali had received 500 billion CFA francs following talks with mining companies, Finance Minister Alousseni Sanou said in speech to parliament.