Mali has regained full ownership of the Yatela and Morila gold mines, marking a significant shift in its mining strategy. On June 27, 2025, the government officially transferred all shares of the two mines to the state-owned mining company, SOREM SA.

Both gold mines had either halted or scaled down operations in recent years under foreign ownership. The government aims to revive and manage these assets directly to enhance national revenue and employment.

Gold already accounts for nearly 70% of Mali’s exports, and officials believe that greater national control over these resources will improve oversight and production.

SOREM SA has been tasked with rehabilitating the mines and spearheading development as part of a broader plan to increase state involvement in the mineral sector.