{"id":7314,"date":"2012-01-23T21:03:47","date_gmt":"2012-01-23T19:03:47","guid":{"rendered":"http:\/\/www.myza.co.za\/01\/update-2-mali-seeks-bigger-share-in-mines-lower-taxes\/"},"modified":"2012-01-23T21:03:47","modified_gmt":"2012-01-23T19:03:47","slug":"update-2-mali-seeks-bigger-share-in-mines-lower-taxes","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/update-2-mali-seeks-bigger-share-in-mines-lower-taxes\/","title":{"rendered":"UPDATE 2-Mali Seeks bigger share in mines, lower taxes"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Seeks state share of 25 percent from 20 percent<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Tax to drop to 25 percent from 30<\/p>\n<p><span><\/span><\/p>\n<p>* Existing contracts need not change<\/p>\n<p><span><\/span><\/p>\n<p>* Mali is Africa&#8217;s third biggest gold producer<\/p>\n<p><span><\/span><\/p>\n<p>By Tiemoko Diallo<\/p>\n<p><span><\/span><\/p>\n<p>BAMAKO, Jan 23 (Reuters) &#8211; Mali is seeking to raise<br \/>\nthe state share in mining projects to 25 percent from 20 percent<br \/>\nin a proposed revision to the West African gold producer&#8217;s<br \/>\nmining law, a senior official at the state regulator told<br \/>\nReuters on Monday.<\/p>\n<p><span><\/span><\/p>\n<p>The revision, which must be passed by parliament, would also<br \/>\ntrim taxes on mining income to 25 percent from 35 percent, the<br \/>\nofficial from the National Directorate of Geology and Mines<br \/>\n(DNGM) said by telephone, asking not to be named.<\/p>\n<p><span><\/span><\/p>\n<p>Mali is Africa&#8217;s third-largest gold miner behind South<br \/>\nAfrica and Ghana, with major foreign operators including<br \/>\nResolute Mining, Anglogold, Iamgold,<br \/>\nand Randgold.<\/p>\n<p><span><\/span><\/p>\n<p>The official said companies with existing mining contracts<br \/>\nwould not be required to alter their terms if the new proposals<br \/>\nare adopted, but that they could do so if they wished to take<br \/>\nadvantage of the lower tax on income.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Seeks state share of 25 percent from 20 percent * Tax to drop to 25 percent from 30 * Existing contracts need not change * Mali is Africa&#8217;s third biggest gold producer By Tiemoko Diallo BAMAKO, Jan 23 (Reuters) &#8211; Mali is seeking to raise the state share in mining projects to 25 percent [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-7314","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/7314","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=7314"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/7314\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=7314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=7314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=7314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}