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,
Mali holding seized Barrick gold at state-owned bank BMS, sources say
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 suspend its operations in the country.
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.
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.
Exclusive: 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.
Canadian Firm Says Halting Operations At Mali Mine After Gold Seized
Canadian firm Barrick Gold said Tuesday it was temporarily suspending operations at its Loulo-Gounkoto mine in Mali after the junta seized gold stocks from the site amid a months-long revenue dispute.
Mali's Gold Seizure Fuels Tensions with Barrick
The Malian military government seized around three metric tons of gold from Barrick Gold's Loulo-Gounkoto complex, valued at $245 million. This action comes amidst a long-standing dispute over mining contracts.
Mali starts seizing gold stocks at Barrick site, company memo says
Mali's government has begun enforcing a provisional order to seize gold stock at Barrick Gold's Loulo-Gounkoto site, the Canadian miner said in a note to Malian staff, warning again that it may have to suspend operations at the complex.
Mali Junta Begins Seizing Gold Mined By Canadian Firm
Mali's junta has begun seizing gold stocks from the Loulo-Gounkoto mine operated by Canadian firm Barrick Gold, according to a security source and an internal company memo seen by AFP Monday.
Barrick Gold provides update on Loulo-Gounkoto operations in Mali
Barrick Gold (GOLD) confirmed that the company remains restricted from shipping gold from the Loulo-Gounkoto mining complex in Mali.
Barrick Provides Further Update on Loulo-Gounkoto Operations in Mali
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 mining ...
Barrick Update on Loulo-Gounkoto Operations in Mali
TORONTO, Jan. 06, 2025 (GLOBE NEWSWIRE) -- (NYSE:GOLD)(TSX:ABX) remains restricted from shipping gold from its ...