ما هذه المنظومة
Gold is roughly 80 per cent of Mali's exports, concentrated in the western belt around Kayes and Kéniéba, and the junta has squeezed the sector hard; Niger's uranium at Arlit passed to state operational control in December 2024 and was declared nationalised in June 2025. Both are fiscal bases under pressure.
The fiscal base of two of the three AES states, and the arena in which the juntas' terms with foreign operators are being set.
الثقة: متوسطة حتى 2026-08رُوجع 2026-10-03
المنظومة
- نظرة عامة
- In Mali, a 2023 mining code raising the state's take was followed by a two-year confrontation with Barrick over the Loulo–Gounkoto complex — provisional administration, an ICSID arbitration, and a settlement in November 2025 in which the company paid roughly US$430m in total, withdrew its claims and accepted the code in exchange for a ten-year permit extension and restored operational control, regained on 18 December 2025. In Niger, Orano halted output at Arlit in October 2024, the mine passed to Nigerien operational control in December 2024, nationalisation was announced in June 2025, and an ICSID tribunal has ordered Niger not to sell the stockpiled uranium pending Orano's claims — an order the state has said on television it intends to disregard. The signal to foreign operators across the Sahel is the module's reading of both.
- Current state · as of 2026-08
- Mali: Loulo–Gounkoto restarted at the end of 2025, permit renewed in February 2026, 2026 guidance of 260,000 to 290,000 attributable ounces. Niger: the uranium dispute unresolved and conducted in public, as of August 2026.
- Commodities and outputs
- الذهب
العُقد
The published markers that carry this system value, by the module’s own priority. A note is the system record’s; a marker without one is a member by its own tag.
- أرليتمنطقة تعدين · إقليم واسع
Niger's uranium district, under state operational control since December 2024.
- Kayesمدينة رئيسية
- حزام الذهب الغربي (Kayes–Kéniéba)منطقة تعدين · إقليم واسع
The industrial and artisanal goldfields of western Mali — the state's fiscal base and an emerging conflict frontier.
- Kéniébaمنطقة تعدين · إقليم واسع
Routes and operators
Supply systems running through it
- ممرات استيراد الوقود في ماليFuel imports · 6 nodes · 5 documented disruptions · joined by its nodesثلاثة طرق برية تزوّد دولة حبيسة بكامل احتياجها من الوقود — ومنذ سبتمبر 2025 أصبحت هدفًا لحصار مُعلَن.
Organisations that run it
- BarrickMining company · ActiveThe operator of Loulo–Gounkoto, the largest industrial gold complex in Mali's western belt, which regained operational control in December 2025 after a two-year confrontation with the state.
- SOMAÏRMining company · Status uncertainThe operator of the Arlit uranium mine — 63.4 per cent Orano, 36.6 per cent the state's SOPAMIN on paper, under Nigerien operational control since December 2024 and declared nationalised in June 2025.
Dependencies and constraints
Each marked documented (a published source states it) or assessed (Vigil infers it and says so). The two are never drawn the same way.
Foreign operators' willingness to work under the new codes. Industrial output in both states depends on operators who have been squeezed, arbitrated against and, in Niger, nationalised; the Barrick settlement is the module's measure of what terms hold.
Gold revenue. Roughly 80 per cent of Mali's exports and the state's indispensable revenue.
An ICSID tribunal has ordered Niger not to sell or transfer the stockpiled uranium pending Orano's claims.
The Loulo permit renewed for ten years and transferred to Barrick's local subsidiary.
Barrick regained operational control of Loulo–Gounkoto; production resumed in the last days of the year.
Niger announced the nationalisation of SOMAÏR, the Arlit operator.
سلاسل الانتقال عبر هذه المنظومة
Each step carries its own basis grade — Confirmed, Plausible exposure, Unconfirmed scenario — and a chain can only weaken from left to right.
- انعدام الأمن على الطرق ← إمداد الأسواق ← الجوع وانهيار الخدماتCivilian impact · as of 2026-07
- asset مؤكَّد
- disruption مؤكَّد
- exposure مؤكَّد
- significance انكشاف معقول
- حصار الوقود ← تكاليف النقل ← انكشاف الغذاء والكهرباء والمالية العامةEconomic exposure · as of 2026-08
- asset مؤكَّد
- disruption مؤكَّد
- exposure مؤكَّد
- significance انكشاف معقول
Watch questions bearing on it
- هل تستطيع الحكومة إمداد ما تسيطر عليه؟active · No material change 2026-10-04
- هل يبلغ ضغط تنظيم الدولة الإسلامية في الساحل في غرب النيجر مداخل العاصمة والبنية التحتية للتصدير؟active · Assessment changed 2026-10-04
- هل تزداد تبعية الدول الثلاث للإسناد الروسي؟active · No material change 2026-10-04
- هل يشتدّ الضغط على الممرات أم يخفّ؟active · No material change 2026-10-04
- هل يفعل الاتحاد الكونفدرالي ما لا يستطيعه أعضاؤه؟active · No material change 2026-10-04
- هل تعيد الدولة موقعًا خسرته؟active · No material change 2026-10-04
Events at its nodes
Economic exposures it underlies
ما لا يزال مجهولًا
- No 2026 produced-ounce figure against guidance was read; Arlit output since the 2024 halt is not published in a form the module has read.
افتح في «استكشف» تفاعلي: اختر هذا السجل وتتبّع ما يرتبط به.
التقييم حتى — 2026-08 آخر مراجعة — 2026-10-03