🟡 $216M Gold Project Launch — Big Bet on Mali Despite Rising Risks

Australian miner Toubani Resources has started building a $216 million gold project in Mali, signaling strong long-term confidence in gold despite increasing political and regulatory risks.

Key Facts:

• Kobada gold project construction officially started with $216M investment

• First gold production expected by Q3 2027, targeting ~162,000 oz/year

• Mali government tightening mining rules — can take up to 30% stake in projects

Expert Insight:

Even with rising risks, big players are still investing — showing that long-term demand for gold remains strong, especially during global uncertainty.

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