Barrick Provides Further Update on Loulo-Gounkoto Operations in Mali
2 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.
Barrick - Operations - Loulo-Gounkoto
Dec 13, 2023 · The Loulo-Gounkoto complex comprises two distinct mining permits, Loulo and Gounkoto, and is situated in western Mali, bordering Senegal and adjacent to the Falémé River. Société des Mines de Loulo SA (Loulo) owns the Loulo gold mine, and Société des Mines de Gounkoto (Gounkoto) owns the Gounkoto gold mine.
Mali holding seized Barrick gold at state-owned bank BMS, …
23 hours 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 ...
Exclusive: Barrick to suspend operations in Mali after gold seized ...
2 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 to Shutter Mali Gold Mine as Standoff Escalates
2 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 Gold suspends operations in Mali after $245m gold seizure
21 hours 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 operations in Mali after $245-million worth of gold …
2 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.
Why Mali just seized 3 tons of gold from Canadian miner Barrick
18 hours ago · Mali’s military government says Barrick owes it more than $500 million in back taxes under new mining codes. In the meantime, the government has seized three tons of gold from the company.
Barrick to suspend operations in Mali after gold seized
2 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.