Barrick Provides Further Update on Loulo-Gounkoto Operations in Mali
4 days ago · Toronto – Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today confirmed that the company remains restricted from shipping gold from the Loulo-Gounkoto mining complex in Mali. Additionally, the interim attachment order on the gold has now been executed by the Malian government by moving the existing gold stock from the site to a custodial bank, further preventing the shipment and sale of the ...
Exclusive: Barrick to suspend operations in Mali after gold seized
4 days ago · Mali seizes $245 million in gold from Barrick's Loulo-Gounkoto complex -sources; Court order says Barrick-run mines owe $5.5 billion to Mali's economy ministry
Barrick suspends Mali operations after government seizes gold …
3 days ago · Canada’s Barrick Gold has suspended operations in Mali after the government seized gold from the company in an escalation of a dispute between the military junta and international mining...
Barrick halts operations in Mali after $245m in gold seized
3 days ago · Barrick Gold (NYSE:GOLD) (TSX:ABX) followed through on Tuesday with its threat to suspend operations at its Loulo-Gounkoto complex in Mali after the military-led government moved gold stocks to...
Barrick Update on Loulo-Gounkoto Operations in Mali
Jan 6, 2025 · Barrick remains restricted from shipping gold from its Loulo-Gounkoto mining complex in Mali. In addition, an interim attachment order has now been issued against the existing gold stock on site which further prevents its export and disrupts normal operations. Barrick believes the interim attachment order is unwarranted and is in contravention of the agreed dispute resolution mechanisms.
Barrick Provides Further Update on Loulo-Gounkoto Operations in Mali
4 days ago · Barrick remains committed to constructive engagement with the Malian government and all stakeholders to find an amicable solution that ensures the long-term sustainability of the Loulo-Gounkoto ...
Barrick Update on Mali Operations
Dec 16, 2024 · Since November 25, several senior members of Barrick's Malian management team have been imprisoned on unfounded charges, accompanied by concerning actions such as baseless tax and customs claims and the reported issuance of an illegitimate arrest warrant against Barrick’s President and CEO.
Mali seizes 3 tons of gold from Canadian company Barrick amid …
4 days ago · Mali’s military government has started seizing gold stocks of the Canadian mining company Barrick as part of a legal battle over the share of revenue owed to the West African state, according to an internal Barrick letter seen by The Associated Press.
Mali holding seized Barrick gold at state-owned bank BMS, …
2 days ago · Mali's military government is holding gold seized from Barrick Gold's Loulo-Gounkoto mine site at state-owned Banque Malienne de Solidarite (BMS), two sources said, as the miner pursues plans to ...
Barrick to suspend operations in Mali after gold seized
3 days ago · In a separate court order, dated January 2 and also seen by Reuters on Monday, Judge Boubacar Moussa Diarra had ordered the seizure of the stock and said Mali's economy ministry claimed the two mines operated by Barrick in the country owed a total of $5.5 billion (Sh712.25 billion) to the government, a much higher figure than previously estimated.