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Editorial Dept

Editorial Dept

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Mali Peace over Before It Begins

Bottom Line: Oil exploration deals signed by interim and the new government of Mali for operations in the restive north won’t make it far with a relaunch of radical Islamist attacks and separatists Tuareg who have signaled they’re pulling out of the new-born peace deal.

Analysis: Renewed attacks in Mali both by radical Islamist groups and MNLA Tuareg separatists threaten the country’s short-lived peace, and there are indications that the peace deal put in place with the July elections has already been sidelined. During the week of 6 October, Islamic militants shelled Gao, in northern Mali, for the first time in some five months and since, French forces succeeded in halting attacks. At the same time, Tuareg separatists under the MNLA umbrella attacked Kidal, the main town north of Gao, saying they would withdraw from the peace deal with the new government, which has failed to turn the Tuareg into stakeholders as it deals with oil companies preparing to explore for fossil fuels in the north.

The elections ushered in former Prime Minister Ibrahim Boubecar Keïta as Mali’s president, but he was cutting energy deals well before he won the vote, through the transitional powers. The new exploration licenses, ratified in August, went to Czech-based New Catalyst Capital Investments, Ireland-based Circle Oil PLC, and UK- and Canadian-based Raven Resources Group.  (Italy’s Eni has been there since 2006, when it acquired five exploration…




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