Mali Military Government Signs Agreement With Russia To Build Gold Refinery

The Malian military government has said that it has signed an agreement with President Vladimir Putin-led Russian government to build a gold refinery in Mali capital, Bamako. The agreement is one of deals between the two countries as Russia seeks to extend its regional influence. Reuters reports that Malian minister, Alousséni Sanou, said in an interview on state television broadcast that the accord, which is a non-binding memorandum of understanding, involves building a 200-tonnes-per-year refinery. The minister reportedly said that the memorandum will be valid for four years, but he did not give a timeline for construction, but noted that if built, it would be the West African country's largest gold refinery. Sanou was quoted as saying that "This will allow us not only to control all gold production but also to be able to correctly apply all taxes and duties.” The deal is the latest sign of Russia's deepening interests in Mali, one of Africa's largest gold produ