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 ...
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.
Exclusive: Barrick to suspend operations in Mali after gold seized ...
4 days ago · Canadian miner Barrick Gold said it will have to suspend mining operations in Mali after the government seized gold stocks from the company's Loulo-Gounkoto complex and flew them out by...
Barrick Gold suspends operations in Mali after $245m gold seizure
2 days ago · Military governments in Mali, Burkina Faso and Niger are currently seeking to renegotiate terms to secure a larger share of mining revenue amid record-high gold prices. "Barrick Gold suspends ...
Barrick suspends Mali operations after government seizes gold …
3 days ago · The mine, one of the country’s biggest that employs 8,000 people and accounts for between 5 and 10 per cent of Mali’s GDP, produced Barrick’s second-biggest output of gold in 2023 after ...
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 suspends operations in Mali after $245-million worth of gold …
3 days ago · The Loulo-Gounkoto complex, which is 80 per cent owned by Barrick and 20 per cent by Mali, produced more than 420,000 ounces of gold during the first nine months of 2024.
Barrick to Shutter Mali Gold Mine as Standoff Escalates
3 days ago · Barrick Gold Corp. said it’s suspending mining operations in Mali after the government started removing gold from the nation’s biggest mine in the latest escalation of a months-long dispute.
Barrick Update on Mali Operations
Dec 16, 2024 · Toronto – Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) reports that although it had previously agreed on a framework to achieve a global resolution of the disputes with the Government of Mali over the Loulo-Gounkoto complex, it has to date been unsuccessful in arriving at a final resolution despite numerous good-faith attempts to negotiate ...
Gold miner Barrick threatens to freeze Mali operations in …
Jan 6, 2025 · Canada's Barrick Gold said on Monday it would suspend operations in Mali if the country does not lift restrictions on gold shipments within the coming week, as the mining group faces what...