Mining industry of Mali - Wikipedia
Southern regions of Mali–Sikasso, Koulikoro, and Kayes– are located in the heart of the Sahel and produce most of Mali’s gold. [13] Compared to other gold producers in the region and in Africa more broadly, gold in Mali is particularly cheap to extract and profitable for companies. [14]
Why Mali just seized 3 tons of gold from Canadian miner Barrick
17 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 Gold suspends operations in Mali after $245m gold seizure
20 hours ago · 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 ...
Mali seizes 3 tons of gold from Canadian company Barrick amid …
2 days ago · Mali’s military government previously arrested four senior executives of the Canadian mining company as part of the dispute. They are still being held. Mali is one of Africa’s leading gold producers, but it has struggled for years with jihadi violence and high levels of poverty and hunger. The military seized power in 2020, and the ...
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 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 ...
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
Mali holding seized Barrick gold at state-owned bank BMS, …
22 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 ...
Barrick halts operations in Mali after $245m in gold seized
2 days ago · Mali, Africa’s second-largest gold producer, depends on the metal for 80% of its exports. Barrick’s Loulo-Gounkoto complex, developed during Bristow’s tenure as CEO of Randgold before its ...
Barrick suspends operations in Mali after $245-million worth of gold ...
2 days ago · Barrick Gold Corp. ABX-T has suspended operations in Mali at one of its biggest international mines after the country’s military junta seized gold from the mine in an escalating tax dispute. The ...