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Barrick Gold suspends operations in Mali
Barrick Gold suspends operations in Mali after government seizes gold stocks
Barrick Gold Corporation has halted its operations in Mali after the government seized gold stocks worth $245 million Cdn from the company's Loulo-Gounkoto complex.
Mali seizes 3 tons of gold from Canadian company Barrick amid dispute over share of revenue
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.
Gold miner Barrick threatens to freeze Mali operations in escalating dispute
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 sources told Reuters amounted to a confiscation order.
Why Mali just seized 3 tons of gold from Canadian miner Barrick
An ongoing dispute over ownership stakes in Barrick’s operation in Mali has led to the arrest of mining officials, the government’s gold seizure and the company’s shutdown of its mine.
Mali starts seizing gold stockpiled at Barrick's Loulo-Gounkoto mine
Barrick Gold faces turmoil in Mali as government reportedly executes a provisional order to seize gold stockpiles, threatening operations at Loulo-Gounkoto mine.
Barrick confirms suspension of Mali operations, seizure of gold
Canada's Barrick Gold on Tuesday confirmed it had suspended operations in Mali and that the government had moved gold stock from the miner's Loulo-Gounkoto site to a bank.
Mali Authorities Seize Gold in Dispute with Barrick Gold
Malian authorities have confiscated about 3 metric tons of gold from Barrick Gold's Loulo-Gounkoto mining site due to an ongoing dispute. The gold, valued at $245 million, is now held at Banque Malienne de Solidarite.
Barrick suspends Mali operations after $245M in gold seized
Barrick Gold suspends mining operations in Mali after government seizes gold stocks from Loulo-Gounkoto complex and flew them out by helicopter over the weekend.
Barrick to suspend operations in Mali after gold seized
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 helicopter over the weekend.
Barrick Gold Issues Update on Loulo-Gounkoto Operations in Mali
Barrick Gold Corporation GOLD recently stated that it remains restricted from shipping gold from the Loulo-Gounkoto mining complex in Mali. Furthermore, the Malian government has executed the interim attachment order on the gold by transferring the current gold stock from the location to a custodial bank,
Yahoo Finance
4d
Barrick Gold suspends operations in Mali after $245m gold seizure
Canada's
Barrick
Gold
has confirmed the suspension of its operations in
Mali
after the government seized
gold
stocks from the Loulo-Gounkoto mining complex.
Barrick
holds an 80% stake in the ...
Bloomberg L.P.
13d
Barrick Says Mali Has a Week to Avoid Gold-Mine Shutdown
Barrick
Gold
Corp. said it will have to halt mining in
Mali
soon if the government doesn’t stop disrupting exports and ...
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