Mali: Technical Assistance Report-Mining Taxation: Modeling of Five Mining Operations

March 17, 2016

Preview Citation

Format: Chicago

Mali: Technical Assistance Report-Mining Taxation: Modeling of Five Mining Operations, (USA: International Monetary Fund, 2016) accessed December 21, 2024

Also available in: français

Summary

This paper discusses Malian mining taxation. Mali’s industrial mining sector is predominantly gold mining, with six industrial mines currently active. Most of the mines are old, but some have substantial reserves; extensions are planned for the Syama, Morila, Kalama, Tabakoto-Segela, and Loulo-Gounkoto mines. The Fiscal Analysis for Resource Industries model was completed for five new projects with recent feasibility studies. The government revenue contributed by the five new projects is on the order of US$1.7 billion (constant dollars) over the next 10 years. The application of the 1999 or 2012 Mining Code increases the government’s share of income in comparison with the 1991 code.

Subject: Average effective tax rate, Commodities, Corporate income tax, Economic sectors, Gold, Mining sector, Tax policy, Taxes

Keywords: Ad valorem tax, Area taxation, Average effective tax rate, Corporate income tax, CR, Gold, Gold production, Government, Information from the Ministry of Finance, Internal rate of return, ISCR, Malian government, Mining Code, Mining sector, Production forecast, Tax data, Tax information, Term

Publication Details

Pages:

18
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2016/084
Stock No:

1MLIEA2016002
ISBN:

9781513597263
ISSN:

1934-7685

Notes

Also Available in French

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