|Bid||23.00 x 0|
|Ask||23.50 x 0|
|Day's Range||23.40 - 23.80|
|52 Week Range||12.48 - 29.49|
|Beta (3Y Monthly)||0.87|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 12, 2019 - Apr 15, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.51|
Mining companies operating in Mali will no longer be exempt from VAT during production and will have a shorter period of protection from fiscal changes, according to a new mining code announced by the Mines Ministry on Wednesday. The new code seeks to redress the "shortcomings" of a 2012 law by bringing a "substantial increase" in the contribution of the mining sector to the economy, the Mines Ministry said in a statement. The new code in Mali, Africa's third largest gold producer, shortens the "stability period" during which mining companies' existing investments are protected from changes to fiscal and customs regimes.
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* Mali's industrial gold production is expected to drop around 3 percent to 59 tonnes in 2019, down from 60.8 tonnes last year, a mines ministry official said on Friday. * Thiecouta Diabate, director of the ministry's evaluation cell, said gold output was predicted to decrease after two mining companies announced lower production this year. * Diabate told Reuters B2Gold's Fekola said it expected to produce around 13 tonnes of gold, down from 14.8 tonnes in 2018.
* Mali's industrial production of gold rose 23 percent last year to 60.8 tonnes, Mines Ministry spokesman Boubacar Sissoko said on Friday. * In March, the mines ministry said output would rise in 2018 ...