Bamako — Mining companies operating in Mali will no longer be exempt from value-added tax during production and will only be protected from fiscal changes for a shorter period, according to a new mining code announced by the mines ministry on Wednesday.

An opening salvo in what could be a protracted negotiation between the government and corporates over mining regulation in Africa’s third-largest gold producer, the move is seen by some as a new instance of “resource nationalism” on the continent...

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