"Sy said Mali was conscious of spending cuts hitting producers across the mining industry in the face of cooling prices, as large players face investor pressure to cut back on new developments and smaller producers struggle to raise cash.
He said there would be support from unspecified Gulf banks which could provide loans to junior mining companies operating in Mali - backing a segment Mali expects will be key."
BGS Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held