Anglo CEO Says Mali Mining Developments Cause for Grave Concern

Anglo American CEO Mark Cutifani has expressed grave concerns about recent developments in Mali's mining sector, warning investors of potential risks and challenges ahead. In a speech at the Mining Indaba in 2025, Cutifani highlighted several issues that could impact the long-term investment prospects for mining companies operating in the country.

One of the primary concerns for Cutifani is the political instability and security risks in Mali. The country has experienced a coup in 2021 and continues to face challenges from jihadist groups and a separatist insurgency in the north. These security concerns can disrupt mining operations and pose risks to the safety of mining personnel. To navigate these uncertainties, investors can engage with local stakeholders, implement robust security measures, and diversify investments across multiple projects and regions.

Another concern is the regulatory environment and policy changes in Mali. The Malian government has introduced a new mining code and local content requirements, which can impact investors' operations and profitability. While these changes aim to foster a more inclusive and sustainable mining sector, they can also create uncertainty and instability. Investors can adapt to regulatory changes by staying informed about policy developments, engaging with the government, and diversifying investments across different minerals and projects.

Cutifani also raised concerns about the increased state involvement in the mining sector. The new mining code allows the state to take up to a 30% stake in new ventures, which can lead to increased state control and potential interference in operations. To mitigate these risks, investors can conduct thorough due diligence, engage with local communities, and implement strong risk management strategies.

Despite these concerns, Mali's mining sector presents significant opportunities for investors, given the country's vast mineral resources and the government's efforts to diversify the mining sector. Investors can capitalize on these opportunities by conducting thorough due diligence, building strategic partnerships with local companies and communities, and investing in exploration and development projects.

In conclusion, Anglo American CEO Mark Cutifani's concerns about recent developments in Mali's mining sector serve as a reminder of the challenges and risks faced by investors in the country. However, with careful risk management, strategic partnerships, and a focus on long-term opportunities, investors can navigate these uncertainties and capitalize on the vast mineral resources that Mali has to offer. As the mining sector continues to evolve, investors must remain vigilant and adapt to the changing landscape to ensure the success of their investments.