Mali’s Gold Output Reaches Half a Million Ounces Annually

The Fekola gold mine in Mali, operated by Canadian mining company B2Gold, is producing between 400,000 and 500,000 ounces of gold per year after a decade of operations, according to the company’s country director, Birama Cissé.

Speaking after B2Gold Mali’s participation in the PDAC 2026 International Mining Forum in Canada, Cissé said the mine’s cumulative production exceeded four million ounces by the end of 2025.

“After ten years, Fekola’s average annual output stands between 400,000 and 500,000 ounces, and cumulative production has now surpassed four million ounces,” Cissé said, highlighting the mine’s importance to both Mali and B2Gold.

He noted that Fekola accounts for more than half of the B2Gold group’s total production, cementing its role as a strategic asset for the Canadian firm.

Beyond its output, the mine has contributed significantly to local development. More than 3,000 jobs have been created, 98% of which are held by Malians, while investments in skills transfer and community projects have exceeded 6 billion CFA francs (over 10 million US dollars).

“Our mission is to showcase Mali as it truly is on the ground: a country rich in resources, talent, and opportunities, where well-structured projects can succeed through rigorous standards, compliance, and dialogue,” Cissé added.

The PDAC forum – the world’s largest mineral exploration event, drew more than 30,000 participants from over 135 countries.

Mali is Africa’s second to fourth-largest gold producer. The mining sector constitutes the backbone of the economy, accounting for roughly 80% of total exports, 25% of tax revenue, and 10% of GDP.